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Paramount Completes Acquisition of Warner Bros.

TL;DRParamount acquired Warner Bros. Discovery for $110 billion in a massive media merger.

Why it matters: Consolidation reshapes streaming wars, content libraries, and competition in entertainment industry.

Paramount Skydance closed its $110 billion acquisition of Warner Bros. Discovery on Tuesday, completing one of the biggest media mergers of all time. Hannah Miller reports on "Bloomberg Open Interest." (Source: Bloomberg)

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Source: Bloomberg Tech · Opens in new tab