Warner Bros Discovery & Paramount: Hollywood Merger News

by Archynetys Economy Desk

The American television and cinema group Paramount Skydance will take over its competitor WBD” title=”…. Discovery – … – Stock Price Today – Zacks”>Warner Bros Discovery (WBD), valued at $110 billion including debt, it announced on Friday, putting an end to a long-term battle with Netflix.

The new entity will include the Hollywood studios Warner Bros and Paramount, as well as the 24-hour news channel CNN and the streaming services HBO Max and Paramount+, according to a press release.

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