Paramount/Skydance Moves To Absorb One of the Biggest Media Companies in the World Following $8 Billion Merger

Another seismic shift in the studio system may be on its way. The ink on the deal that joined David Ellison's Skydance with Paramount is barely dry, and already the new company is looking to acquire one of Hollywood's oldest and most venerable studios. According to reports, Paramount Skydance is looking to acquire Warner Bros Discovery.