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Paramount-Warner Bros merger closes; Skydance begins trading
Al Jazeera·US·1 day ago
Skydance completed its acquisition of Warner Bros. and set a target of generating over $10 billion in free cash flow by 2030, despite inheriting tens of billions in debt and challenging business conditions. The goal signals aggressive post-merger integration and cost-cutting expectations, but execution risk is high given the debt load and industry headwinds.