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Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier today, and the historic film studio has now formally accepted Paramount’s offer.
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Jumping from that, to being given responsibility for a new line from a well-known company, would appear daunting to many, but Hamblin says he is "deluded enough to not really feel the pressure".