Paramount/Warner Bros. Merger Deal Closes

Preview: Paramount and Warner Bros. are cleared to merge. The new company will be simply known as Skydance. Several notable Warner Bros. executives are leaving. First it seemed inevitable that Netflix would be buying Warner Bros. But then, in a surprise move back in February, it emerged that Warners’ shareholders had opted instead to welcome an offer from David Ellison’s Paramount Skydance. Now, following protracted legal arguments and attempts to block the merger, the deal has cleared its hurdl...

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