LISTEN: Why the Warner Bros.-Paramount Skydance Sale ‘Symbolizes Big Changes in the Industry’

'Daily Variety' podcast dives into news, trends and personalities making headlines in showbiz

By Cynthia Littleton

Cynthia Littleton

Business Editor

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On today’s episode of “Daily Variety” podcast, Erik Gordon, a professor at the University of Michigan’s Ross School of Business, breaks down the Warner Bros. Discovery sale saga as the company’s shareholders prepare to vote on the sale to Paramount Skydance.

Gordon, who studies mergers and acquisitions and has used Warner Bros. Discovery as a case study in one of his classes, says that the process has been “unusual” for both WBD and Paramount Skydance. WBD shareholders will get the chance to vote April 23 on whether to support the deal. It’s been a long road for the company since sale rumors picked up steam last summer. WBD at first tried to hold off its aggressive suitor, which was one of many unconventional aspects of the transaction.

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