Sports & Entertainment — Major Industry Consolidation: Paramount-Skydance's $111B Warner Bros. Discovery Acquisition Signals Dramatic Shift in Entertainment Landscape

Sports & Entertainment · 2026-03-11

Today's developments reveal a seismic shift in entertainment industry power dynamics, headlined by Paramount-Skydance's $111 billion acquisition of Warner Bros. Discovery. This consolidation creates an unprecedented content powerhouse, combining Warner's prestigious HBO brand with Paramount's expansive portfolio. The deal's completion, marked by David Ellison's first town hall with WBD…