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Paramount and Warner Bros merge to create Skydance studio giant

The merger unites two historic moviemaking studios under billionaire David Ellison and Ynon Kreiz.

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  1. 0:01Paramount and Warner Bros have merged
  2. 0:03to create a single Hollywood giant
  3. 0:05named Skydance
  4. 0:07The merger unites two of America's
  5. 0:09oldest film studios under billionaire David
  6. 0:12Ellison and Ynon Kreiz
  7. 0:14The deal follows an eight billion
  8. 0:16dollar buyout of Paramount by Skydance
  9. 0:18last year
  10. 0:20Paramount launched a hostile bid to
  11. 0:22take over the entire enterprise including
  12. 0:24CNN and Discovery
  13. 0:28For the full story visit wenepal.com
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