Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors, with about 38.5% of the equity in the new company held by a trio of Middle Eastern funds.
Paramount Skydance’s leadership says there are no plans to divest or spinoff cable assets after merging with Warner Bros. Discovery for $110 billion. The deal will see the two companies control a vast ...
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