Warner Bros. investors approve Paramount takeover. Warner Bros. Discovery shareholders voted overwhelmingly yesterday in favor of the acquisition, which is valued at $111 billion and would transform the film industry. It puts David Ellison’s Paramount Skydance one step closer to owning the storied studio—despite opposition from Hollywood stars—after a messy bidding process that Netflix ultimately dropped out of. But it’s not time for Porky to say “That’s all folks” yet, as antitrust regulators must still bless the deal before it can be finalized.
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