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The Skydance-Paramount merger with Warner Bros. Discovery officially closed, creating a combined entertainment company that will operate under the Skydance name. The deal, led by David Ellison, consolidates two storied Hollywood studios—Paramount and Warner Bros.—under new ownership tied to Oracle co-founder Larry Ellison's family.
In a recent episode of The Vergecast, hosts David Pierce and Nilay Patel examine a wave of new devices—including a high-end Microsoft Surface laptop, an Amazon Android tablet, and Apple's smart home push—that all center around AI assistants. The hosts also discuss the Paramount/Warner Bros Discovery acquisition and its implications for streaming, plus a segment on media regulation.
Paramount Pictures is developing a live-action film based on Cyberpunk 2077, with CD Projekt Red producing alongside Transformers producer Lorenzo di Bonaventura. No director, cast or release date has been revealed, and it's unclear whether the film will follow the game's story of mercenary V and rocker Johnny Silverhand or use the setting for new characters.
Deadline reports Paramount Pictures is developing a live-action movie based on CD Projekt Red's Cyberpunk 2077, with the game studio producing alongside veteran action producer Lorenzo di Bonaventura. No plot details or casting have been revealed, and it's unclear whether this project is connected to a 2023 production deal involving Anonymous Content.
Paramount Pictures is adapting CD Projekt Red's Cyberpunk 2077 video game into a live-action feature film, according to Deadline. Transformers producer Lorenzo di Bonaventura is attached to the project, though no release date or other details have been announced.
Workers in Burbank installed a small line of text beneath the Warner Bros. logo on the studio's water tower, signaling the company's new ownership by Paramount Skydance following an $81 billion deal. The rebranding is currently understated, focusing on consolidating Warner Bros., Paramount+, and related networks under a unified corporate family.
The recent merger of Paramount Skydance and Warner Bros. has been finalized, raising questions about the future of Paramount+ and HBO Max. The newly combined entity has not yet detailed its plans for these streaming platforms, but some form of unification is anticipated. The deal was completed on Tuesday, marking a significant shift in the media company's structure.
Skydance-owned Paramount has completed its $81 billion purchase of Warner Bros. Discovery, a deal valued at $111 billion including debt. The combined company now holds a broad portfolio spanning film franchises, television networks including CNN, and streaming services such as HBO Max.
Paramount Skydance has officially closed its merger with Warner Bros. Discovery, beating out a rival Netflix bid, and now controls HBO, CBS, CNN, TNT Sports and franchises like Harry Potter and Star Trek. The deal, backed partly by Saudi Arabia, Qatar and the UAE, pushes Skydance's debt close to $80 billion, and executives say the combined company plans to eventually merge HBO Max, Paramount+ and Discovery+ into one service.
Paramount Skydance confirmed it has completed its acquisition of Warner Bros. Discovery, finalizing the $111 billion merger that followed Netflix's abandoned bid for WBD earlier this year. The newly combined company announced that its streaming properties—HBO Max, Paramount+ and Discovery+—will eventually be folded into a single unified streaming service.
Skydance confirmed completion of its $110 billion acquisition of Warner Bros. Discovery and said its streaming services—HBO Max, Paramount+ and Discovery+—will eventually unify into a single platform. The company gave no timeline, name, or pricing details for the combined service. Skydance also recently named HBO CEO Casey Bloys as Co-Chair and Chief Content Officer of its direct-to-consumer division.
Paramount, now controlled by Skydance, has officially closed its $81 billion takeover of Warner Bros. Discovery. The combined company will operate under the Paramount Skydance banner, according to the announcement.