Paramount Closes Its Deal for Warner Bros. Discovery
After a legal battle, Paramount has finally acquired Warner Bros. Discovery. The new company, Skydance, combines Hollywood studios, streaming services and cable networks.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.