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Now that the merger between Paramount and Skydance has been finalized, the newly named Paramount Skydance is able to do some extra purchasing. The Wall Street Journal reports that the David Ellison-backed firm is placing collectively a majority money bid for possession of fellow film studio Warner Bros. Discovery.
Whereas Skydance solely only in the near past closed its Paramount deal, talks of a Warner Bros.-Paramount merger date back to December 2023.
A curious element of the information is that the bid is claimed to incorporate not simply the film studio enterprise, however the firm’s assortment of cable networks. Which may run counter to WBD’s beforehand introduced plan to split the company into two separate entities: One half would be the Streaming & Studios division generally known as Warner Bros. that features Warner’s huge movie and TV libraries, in addition to Warner Bros. Tv, Warner Bros. Movement Image Group, DC Studios, HBO, and HBO Max. The opposite half will then be generally known as Discovery International, together with property like CNN, TNT, TBS, and the Discovery networks. Deadline experiences that this cut up is at present anticipated to happen in April 2026.
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The brand new Paramount-Skydance deal was instantly adopted up by the South Park season premiere mocking its new corporate ownership. One can solely think about the enjoyable Final Week Tonight with John Oliver may also have, ought to this merger undergo.
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