The closing of the transaction was reported by Sky News, PBS NewsHour, France 24, The Japan Times and The New Indian Express. The outlets describe the move as the completion of the acquisition or merger between Paramount and Warner Bros. Discovery.
According to France 24, David Ellison controls the combined company and is its chief executive officer. The available material does not provide independent confirmation of either point, which therefore remain tied to the French broadcaster’s account.
The transaction brings together two major Hollywood film studios. France 24 also reports that the scope includes television, news and streaming businesses such as CBS, CNN, HBO Max and DC Studios.
The value of the transaction is not reported consistently. Sky News puts it at $81 billion, while France 24 refers to $110 billion; the available information does not clarify whether the difference is due to different valuation criteria, a different scope of the agreement or something else.
PBS NewsHour describes the process that led to the agreement as a turbulent dispute lasting about a year and interprets the merger as a further concentration of power in an industry already controlled by a small number of major operators.
The completion of the deal therefore brings a broader collection of entertainment, television, news and streaming brands and platforms under the Skydance name, according to the description provided by the sources that followed the transaction.
The material reviewed contains no explicit official confirmation from the companies or authorities, nor does it indicate where the transaction was legally finalized. The news of the closing nevertheless continues to be reported consistently by the five publications cited.