Illustration: Variety; Elements: Getty Images It’s been a hell of a ride. David Ellison’s quest to control two iconic Hollywood studios has finally been completed — added a rollicking new chapter to the storied recent history of Hollywood megamergers.
On the morning of Tuesday, Oct. 6, the Paramount-Warner Bros. Discovery merger officially closed. The new company, Skydance Corp., brings together film and TV assets into one big company, which is weighed down by some $80 billion in debt. The storyline’s arc features appearances by such colorful subjects as President Donald Trump, 12 blue-state attorneys general, Netflix, Middle Eastern sovereign wealth funds, the Block the Merger coalition, Mark Ruffalo, David Zaslav and so much more. Here’s a timeline of how it all happened.
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