Paramount Skydance Signs $111B Warner Bros. Discovery Merger Deal
Paramount Skydance reached a $111 billion deal to acquire Warner Bros. Discovery after outbidding Netflix.The merger led by David Ellison faces scrutiny from Elizabeth Warren and the Federal Communications Commission.Standard and Poor's Global Ratings placed the deal under review due to high debt levels and market concentration.Concerns persist regarding the influence of
Donald Trump on
CNN following historical pressure on media rivals.