In line with mega-mergers that have come before, the impending marriage of Paramount Skydance and Warner Bros. Discovery will lead to a media company packed with assets. What differentiates this deal — which is now in the clear to move forward — from others is the sheer amount of brands and intellectual property in play.

Critics swiftly decried a California-driven settlement with Paramount Skydance (PSKY.O) that cleared the way for its $110 billion acquisition ​of Warner Bros Discovery (WBD.O), saying it will hurt com...

"These studios were built on the backs of labor," actor and SAG-AFTRA member Frances Fisher said during the rally, as passing cars honked in support.