From Spongebob to the Food Network, here's what's now under the Skydance umbrella

On Tuesday, Skydance-owned Paramount successfully closed an $81 billion takeover of Warner Bros. Discovery, creating a major new Hollywood entity. The massive media consolidation brings an extensive catalog of iconic entertainment brands and franchises under a single corporate umbrella.

Depending on the specific coverage, the combined portfolio spans major children's programming and lifestyle networks like Spongebob and the Food Network, as well as premium streaming services and blockbuster franchises such as HBO Max and 'Harry Potter'. This historic acquisition reshapes the media and entertainment landscape by uniting two of the industry's most influential content libraries.