GoKawiilSkydance Finalizes $111 Billion Merger With Warner Bros. Discovery
Paramount Skydance closed its $111 billion merger with Warner Bros. Discovery after the Supreme Court declined to block it, with Justice Elena Kagan rejecting a last-minute appeal. The combined company, renamed Skydance, now owns Paramount+, HBO Max, CBS, CNN, and sports networks including CBS Sports and TNT Sports. The deal faced a multistate antitrust lawsuit, which California and other states settled last month after a federal judge approved the settlement on September 30.