Warner Bros. Discovery
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Headlines · 2
- Skydance closes Warner Bros. Discovery deal, pledges AI for creatives
Skydance said it completed its purchase of Warner Bros. Discovery and renamed the combined company Skydance, now trading on the NYSE as SKYD; WBD shareholders received about $31.02 a share in cash. In a “Day 1” memo, CEO David Ellison and co-CEO Ynon Kreiz listed four priorities, one being to become the most technologically capable company in media by embracing AI to expand what creatives can imagine and make the business more productive. Its streaming products, including HBO Max, Paramount+, Discovery+ and Pluto TV, will merge into a single service over time, with no timetable given.
The Next Web · 🔥 0 - CNBC roundup flags AI researchers’ warning and major market stories
CNBC Technology’s morning market roundup lists the proposed Paramount-WBD merger, Elon Musk’s return to trillionaire status and a warning from AI researchers among five items for investors. The supplied excerpt does not provide further details about the AI warning or the other developments.
CNBC Technology · 🔥 0
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