Paramount Skydance Completes $110bn Warner Bros Discovery Merger

Paramount Skydance has closed its $110bn merger with Warner Bros Discovery, creating a new entertainment giant called Skydance that began trading Tuesday. The deal unites CNN and CBS News under one roof, with Mark Thompson and Bari Weiss staying as editors-in-chief. An independent editorial board will oversee both networks within 180 days, but press freedom experts doubt its effectiveness.