Category: Mergers, Acquisitions and Divestitures

Paramount Closes Its Deal for Warner Bros. Discovery

The New York Times – Business:
After a legal battle, Paramount has finally acquired Warner Bros. Discovery. The new company, Skydance, combines Hollywood studios, streaming services and cable networks.
5 Challenges David Ellison Faces as He Snags His Hollywood Prize

The New York Times – Business:
The tech scion has given his combination of Warner Bros. Discovery and Paramount a new name: Skydance. Now he must make tough decisions about news, movies, streaming, sports and debt.
5 Challenges David Ellison Faces as He Snags His Hollywood Prize

The New York Times – Business:
The tech scion has given his combination of Warner Bros. Discovery and Paramount a new name: Skydance. Now he must make tough decisions about news, movies, streaming, sports and debt.
Mash-Up of Paramount and Warner Bros. Will Be Called Skydance

The New York Times – Business:
David Ellison, the tech scion who will run the combined company, borrowed the name of his original entertainment company that reflects his love of aviation.
David Ellison’s Vision for CNN: Same C.E.O and No Bari Weiss, for Now.

The New York Times – Business:
David Ellison is negotiating to keep CNN’s chief executive, Mark Thompson, in place without oversight from Bari Weiss, the CBS editor in chief, when the networks’ parent companies merge.
Mattel Chief Named Co-C.E.O. of Combined Paramount and Warner Bros.

The New York Times – Business:
Ynon Kreiz, who will work alongside David Ellison at the merged company, helped turn Barbie into a blockbuster movie.
Trump Media’s Merger With Nuclear Fusion Company Moves Closer to Completion

The New York Times – Business:
A securities filing laid out the terms of the deal between Truth Social’s parent company and TAE Technologies, which was formally announced in December.
Sunkist Fruit Gems, Staple Candy of Bar Mitzvah Tradition, Are Discontinued

The New York Times – Business:
The jelly candies were a staple at bar and bat mitzvahs and other Jewish celebrations for generations.
Sony, A24 and the New York Times Company Circle Letterboxd

The New York Times – Business:
A24, Sony and The New York Times Company all registered their interest in acquiring the cinephile’s paradise.
How Paramount Won Warner Bros.

The New York Times – Business:
Inside the settlement talks between the media mogul David Ellison and the coalition of states seeking to block his $111 billion deal.
What’s Next for Paramount

The New York Times – Business:
Hollywood watchers believe the studio prevailed over states seeking to block its deal for Warner Bros. Discovery. It’s now free to reshape the media industry.
The ‘Kid’ Takes Over: David Ellison Becomes a Hollywood Colossus

The New York Times – Business:
With Paramount and Warner Bros. under his control, Mr. Ellison will be “the Hollywood equivalent of Superman, Caesar and Midas combined.” But challenges remain.