SMH
·general
·2 hours ago
Warner Bros shareholders approve $US110 billion Paramount mega-merger
Warner Bros. Discovery shareholders approved a $110 billion merger with Paramount Skydance on Tuesday, overcoming significant opposition in Hollywood. Stakeholders will receive $31 in cash per share once finalized, while antitrust reviews are ongoing in the US and EU. Paramount aims to produce at least 30 films annually post-merger, despite concerns about job losses and industry impacts.
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