Economy
Paramount and Warner Bros Complete $110 Billion Merger, Bringing CNN and CBS News Under One Roof
Paramount Skydance has closed its $110 billion merger with Warner Bros Discovery, creating a new company called Skydance that unites CNN and CBS News under one corporate roof. The deal, delayed by lawsuits from unions and 12 state attorneys general, was settled after the company agreed to an independent editorial board, though press freedom experts question whether that will protect editorial independence.