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Warner Bros. Discovery Shareholders Approve Merger with Paramount Skydance
8 Articles
8 Articles
Warner Bros. Discovery shareholders approve merger with Paramount Skydance
(NBC, KYMA) - Warner Bros. Discovery (WBD) shareholders approved the company's proposed blockbuster merger with Paramount Skydance earlier this week. The Boards of Directors of the two entertainment giants already approved the $110 billion deal. "We appreciate the support and confidence our stockholders have placed in us to unlock the full value of our world-class entertainment portfolio," said Samuel A. Di Piazza, Jr., Chair of the Warner Bros.…
Warner Bros Discovery Shareholders Approve $111 Billion Paramount Takeover Pending Regulatory Review
Shareholders of Warner Bros Discovery have approved a $111 billion takeover by Paramount, advancing a deal that would combine major entertainment and news assets under a single ownership structure, subject to regulatory clearance. Deal Scope And Combined Assets The transaction would place Warner Bros’ portfolio under Paramount Skydance, including franchises such as Harry Potter and Game of Thrones, along with networks like CNN. The combined enti…
Hollywood has just split in two and no one is looking the other way. Warner Bros Discovery shareholders have given the green light to the merger with Paramount Skydance and the audiovisual map changes this week. Hold on. Salseo-O-Meter Salseus Level: 8/10. It is not a beef among influencers, but it is the biggest corporate movement of the year in the entertainment industry. Warner and Paramount in the same house is like bringing together Avenger…
Warner Bros. Discovery's Shareholders Approve $110B Merger With Paramount
Warner Bros. Discovery’s shareholders have approved a merger with Paramount Skydance Corp. As AFROTECH previously told you, a bidding war had been underway for Warner Bros. Discovery to merge with either Paramount or Netflix late last year. Initially, Netflix, which offered a deal with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion), was the more favorable pathway for Warner Bros. Discovery at the time, an…
Although Warner Bros. Discovery’s shareholders recently voted in favour of the merger with Paramount Skydance, the film and television industry has intensified its resistance. The open letter that began to circulate a week ago resurfaced after the votes as it now has more than 4,000 signatures from union members, actors and directors seeking to pressure regulators in the United States and Europe to stop the transaction.
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