Warner Bros shareholders approve Paramount's $111bn takeover
The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.
Coverage by Political Leaning
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Notable Quotes
"With Paramount, we look forward to creating an exceptional combined company that will expand consumer choice and benefit the global creative talent community."
— Samuel DiPiazza , Executive
"The Paramount-Warner Bros merger isn't a done deal… we need to keep up this fight."
— Elizabeth Warren , Politician
"this fight is far from over."
— Jane Fonda , Activist
"stockholder approval marks “another key milestone toward completing this historic transaction.”"
— David Zaslav , Executive
"A handful of powerful decision-makers should not be allowed to quietly reshape American media, culture, and creative life without accountability."
— Jane Fonda , Activist
"What is at stake is clearly not just a corporate deal, but who controls news, who controls entertainment, who controls storytelling."
— Cory Booker , Politician
"I love cinema and I love film. You can count on our complete commitment."
— David Ellison , Executive
"This is already an incredibly consolidated industry where writers have seen merger after merger leave fewer and fewer companies in control of what our members can get paid to write."
— Michele Mulroney , Activist
Key People
Stiller is a well-known actor and comedian.
Bryan Cranston is an acclaimed American actor.
Democratic senator from New Jersey.
David Ellison is the CEO of Paramount.
David Zaslav is the CEO of Warner Bros. Discovery.
Former president of the United States known for his aggressive economic policies.
Elizabeth Warren is the top Democrat on the Senate Banking Committee.
Jane Fonda is an American actress, political activist, and fitness guru.
J.J. Abrams is a well-known American filmmaker and screenwriter.
Award-winning actress known for her roles in film and television.
Larry Ellison is the co-founder and Chairman of Oracle Corporation.
Mark Ruffalo is an actor and activist.
Michele Mulroney is the president of the Writers Guild of America West.
Rob Bonta is California's attorney general.
Chair of Warner Bros Discovery, involved in the company's merger discussions.
Ted Danson is a prominent American actor and producer.
Tags
All Coverage
The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.
Warner Bros. Discovery shareholders have overwhelmingly approved the proposed $111-billion sale to Paramount Skydance, marking a significant step toward finalizing the deal. The acquisition includes assets like HBO Max, CNN, and Warner Bros.' film and television studios.
Shareholders of Warner Bros. Discovery have approved an $81 billion all-stock acquisition offer from Paramount, marking a major step forward in a merger that could significantly reshape Hollywood. The deal, valued at nearly $111 billion including debt, would combine assets such as HBO Max, CNN, CBS, and Paramount+ under one roof.
Warner Bros. Discovery shareholders are set to vote on the company's proposed $81 billion sale to Skydance-owned Paramount, in a mega merger that could vastly reshape Hollywood and ... . The deal would combine assets such as HBO Max, 'Harry Potter' titles, and CNN with CBS, 'Top Gun,' and the Paramount+ streaming service.
Warner Bros. Discovery shareholders approved the company's $111-billion sale, including its historic Burbank lot, to David Ellison's Paramount Skydance. The acquisition includes assets like HBO Max, CNN, and Warner Bros.' film and television studios.
An $81 billion Warner-Paramount mega merger has received shareholders' stamp of approval, propelling a deal that could vastly reshape Hollywood and the ... . The deal is valued at nearly $ ... , including debt, and would combine assets such as HBO Max, 'Harry Potter' titles, and CNN with CBS, 'Top Gun,' and the Paramount+ streaming service.
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