David Ellison and ex-Mattel CEO Ynon Kreiz to oversee both film studios, HBO Max, CNN and CBS News as co-executivesParamount completed its $111bn acquisition of Warner Bros Discovery on Tuesday, consolidating some of the world’s most recognizable studios and news outlets after a bidding war with Netflix and months of legal turmoil.The new company, now called Skydance, will have David Ellison, the son of a billionaire tech mogul, at its helm, with the former CEO of Mattel, Ynon Kreiz, as co-execu... Two of America’s oldest film studios have completed their merger, bringing CNN, HBO and franchises including The Godfather and Harry Potter under one roof. Key points and original sources are listed below.

• David Ellison and ex-Mattel CEO Ynon Kreiz to oversee both film studios, HBO Max, CNN and CBS News as co-executivesParamount completed its $111bn acquisition of Warner Bros Discovery on Tuesday, consolidating some of the world’s most recognizable studios and n...S1

• Two of America’s oldest film studios have completed their merger, bringing CNN, HBO and franchises including The Godfather and Harry Potter under one roof.S2