Warner Bros.

He and co-CEO Peter Safran are remaining at DC under the new Skydance regime.

At this point, it looks like the merger of the two media corporations will happen.

The studio sold its last two Looney Tunes features to other companies.

With the acquisition of Warner Bros., Paramount gains control of a ton of your favorite characters.

After Netflix declined to raise their offer, Paramount will win the bidding war over the giant media company.

Warners board says Netflix’s offer is a better deal.

Paramount is not giving up on its pursuit of Warners.

The deal would put Warner Bros. movies and TV shows under Netflix’s control.

This merger could change Hollywood forever.

Paramount, Disney, Warner Bros. and Sony have halted upcoming releases.