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The Paramount Skydance-Warner Bros Discovery merger will create a combined entity that would have a net debt of about $79 billion, Paramount said, ruling out any plan to divest or spin off the cable assets

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Warner Bros Discovery has received buyout bids from rivals Paramount Skydance, Comcast and Netflix, a source said. This has kicked off a potential sale of the century-old Hollywood studio
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David Zaslav statement just now: "We are excited about the potential of a combined Paramount Skydance and Warner Bros. Discovery and can't wait to get started working together telling the stories that move the world."
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Netflix dropped out of the fight to buy Warner Bros. Discovery, clearing the way for rival bidder Paramount Skydance to clinch its $111 billion deal for the historic Hollywood studio
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In a stunning twist, Paramount Skydance launched a hostile bid worth $108.4 billion, offering $30 per share, all cash, for the entirety of Warner Bros Discovery and providing shareholders $18 billion more in cash and an easier path to regulatory approval
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The US Justice Department cleared Paramount Skydance's planned $110 billion acquisition of Warner Bros. Discovery, saying it was unlikely to harm competition or consumers
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The Justice Department has approved the $111 billion mega-merger between Paramount Skydance and Warner Bros. Discovery. "This has been one of the most shallow and corrupt merger review processes we've ever seen, and it has been marked by Paramount … wooing and capitulating to the Trump administration at every turn," says Craig Aaron, co-CEO of the media advocacy group Free Press.
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The $8.4 billion merger between Paramount and Skydance won approval from US regulators, clearing the way for a sale that evolved into a clash over press freedom in the era of President Trump
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A group of US states including California and New York are preparing a lawsuit to block Paramount Skydance's $110 billion acquisition of Warner Bros, sources familiar with ​the matter said
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Skydance-owned Paramount will become the exclusive US home of Ultimate Fighting Championship under a seven-year streaming deal valued at about $7.7 billion
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“Skydance, Paramount, Warner Bros, Discovery, HBO, CNN, plus TikTok are all under Larry Ellison, a close friend of Netanyahu.” “What do you call that other than Jewish media?"
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WATCH: The US Justice Department cleared Paramount Skydance's planned $110 billion acquisition of Warner Bros. Discovery, saying it was unlikely to harm competition or consumers
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"Our deal basically provides a significant amount of synergies in sports rights that will be able to protect those linear properties." - Paramount Skydance CEO David Ellison on why his hostile takeover offer for Warner Bros. Discovery is superior to the Netflix deal
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