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Paramount Skydance Completes $110 Billion Warner Bros. Discovery Takeover

Paramount Skydance has completed its $110 billion takeover of Warner Bros. Discovery, creating a major Hollywood entity under CEO David Ellison.

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Paramount Skydance completed its $110 billion takeover of Warner Bros. Discovery on Tuesday, creating a major Hollywood group that gives CEO David Ellison control of one of the world’s largest entertainment and news businesses. The transaction combines the studios behind "Mission: Imposs…"