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New Skydance Worth Less Than Half of Warner Bros.-Paramount Combined
Original: New Skydance Worth Less Than Half of Warner Brothers, Paramount Combined
Skydance's Paramount, led by David Ellison after taking control of the studio, is now valued at less than half of what Paramount and Warner Brothers were together worth before the merger, according to Techdirt. The report points to the combined company's steep market decline as evidence that the blockbuster merger has destroyed value rather than created it.
Why now: People are debating whether the Skydance-Paramount merger has been a costly failure as its market value collapses
SkydanceParamountWarner Bros.David EllisonTechdirt
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2999948