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Paramount, Warner Bros. Discovery deal to close

Paramount Skydance is expected to close its roughly $110 billion acquisition of Warner Bros. Discovery on Tuesday. The combined company will be called Skydance -- named after the production company founded by CEO David Ellison.

Paramount Skydance is expected to close its roughly $110 billion acquisition of Warner Bros. Discovery on Tuesday. The combined company will be called Skydance — named after the production company founded by CEO David Ellison.

Source: WPLG Local 10

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