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Paramount's $81B Warner Bros. Takeover: Hollywood's New Power Play
Published 1 week, 2 days ago
Description
Warner Bros. Discovery shareholders approve Paramounts $81 billion takeover, merging HBO Max, Harry Potter, and CNN with CBS, Top Gun, and Paramount Plus. Industry professionals and lawmakers express concerns about job cuts and limited creative options. The merger awaits U.S. Department of Justice approval, with potential implications for CNNs future under new ownership.
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