Warner Bros Shareholders Back $110B Merger With Paramount Skydance

UNITED STATES – The biggest entertainment industry merger in years is inching closer to being a sealed deal.

Warner Bros Discovery shareholders have backed the company’s proposed $110B merger with ​Paramount Skydance.

With shareholder approval secured, attention now turns to regulatory authorities, with both Washington and London expected to examine the merger’s impact on competition.

Paramount won a months-long bidding war with Netflix for Warner bros – a victory that cements CEO David Ellison as a powerful force in the rapidly contracting entertainment landscape.