The Economic Times

Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant

Warner Bros. Discovery shareholders have approved an $81 billion sale to Skydance-owned Paramount. This mega merger is now closer to completion, potentially reshaping Hollywood. The deal involves HBO Max, Harry Potter titles, and CNN. Paramount wants to buy all of Warner. Regulatory reviews are still ongoing. The acquisition is expected to close in the third fiscal quarter.