Why Elon Musk’s $1 Billion Bet on Skydance Changes Everything, Turning Hollywood Into Big Tech Overnight
· inc.com · popularity 28/100 · 0 similar stories today · Corporate News & M&A (Business & Finance)
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Summary
Paramount took on $80 billion in debt to acquire Warner Bros. Discovery. The strategy to service it is built on generative AI, consolidation, and ads instead of making shows people want to watch. Elon Musk’s reported $1 billion investment in Skydance is being read as the opening move in a bigger …
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