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Warner Bros shareholders greenlight sale to Paramount
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Warner Bros shareholders greenlight sale to Paramount

dw.com·Muna Turki·about 1 month ago
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Warner Bros. Discovery shareholders voted overwhelmingly on Thursday to approve the sale of the company to Paramount. The deal could reshape Hollywood and the American media landscape, which critics say is already dominated by just a few powerful players. The European Commission and several US states, including California, are reviewing the merger. Executives at Paramount say the deal will benefit consumers. What does Warner Bros shareholders' approval mean? In a preliminary vote count, the Warner Bros. Discovery shareholders approved the previously announced accusition by Paramount.  The deal values the company at nearly $111 billion, including debt.   The transaction is not final, as it still requires regulatory approval and could face legal challenges.  The merger has been under political scrutiny in the  United States .…

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