Now that the merger between Paramount and Skydance has been finalized, the newly named Paramount Skydance is able to do some extra procuring. The Wall Road Journal studies 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 recently closed its Paramount deal, talks of a Warner Bros.-Paramount merger date again to December 2023.
A curious element of the information is that the bid is alleged to incorporate not simply the film studio enterprise, however the firm’s assortment of cable networks. That may run counter to WBD’s beforehand introduced plan to separate the corporate into two separate entities: One half would be the Streaming & Studios division often called 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 often called Discovery International, together with belongings like CNN, TNT, TBS, and the Discovery networks. Deadline studies that this break up is at the moment 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 company possession. One can solely think about the enjoyable Final Week Tonight with John Oliver will even have, ought to this merger undergo.