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The Independent UK
The Independent UK
National
Matt Sedensky and Wyatte Grantham-Philips

What Paramount’s Warner Bros. takeover means for streaming, movies and news

Skydance Merger - (Copyright 2026 The Associated Press. All rights reserved.)

Tony Soprano, meet Vito Corleone.

In a marriage of two massive Hollywood portfolios, Paramount’s $81 billion takeover of Warner Bros. Discovery closed Tuesday, uniting everything from cartoons featuring Bugs Bunny and SpongeBob Squarepants to news delivered by Anderson Cooper and Gayle King.

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