Paramount-Warner Bros. $111B merger officially closes

Paramount Skydance has officially completed its massive $110 billion acquisition of Warner Bros. Discovery, merging two iconic Hollywood powerhouses into a single media colossus now branded as Skydance. This historic deal brings together legendary movie franchises—from The Godfather to Harry Potter—under one roof. It also combines major news organizations like CBS News and CNN, popular cable networks including Nickelodeon, Comedy Central, TBS, and TNT, and streaming platforms Paramount+ and HBO Max. Watch to learn what this gigantic merger means for movies, TV, and the future of streaming. Subscribe to FOX 11 on YouTube:    / @foxla   Watch more FOX 11 on YouTube: Police Chases:    • Police Chases   Brazen Crime:    • Brazen Crime   Homeless Crisis:    • Homeless Crisis   Politics:    • Politics   The Issue Is:    • The Issue Is   The Sit:    • The Sit   Uncut:    • UnCut: One-on-One w/ Kyle Kraska