New Hollywood era begins with an epic mega merger between Paramount and Warner Bros.

The Paramount and Warner Bros. merger has survived court challenges, public protests and regulatory scrutiny. Now, the Hollywood heavyweight, named Skydance, begins operating.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/5000x3278+0+0/resize/5000x3278!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F17%2Ff6%2F40e1f7a24e7680e021cc2dd27746%2Fgettyimages-2271654832.jpg' alt='David Ellison officially takes over as CEO of Skydance, the new mega merger combining Paramount and Warner Bros.'/><p>The Paramount and Warner Bros. merger has survived court challenges, public protests and regulatory scrutiny. Now, the Hollywood heavyweight, named Skydance, begins operating.</p><p>(Image credit: David Becker)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5988283' />