An $81 billion Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood and the wider media landscape closer to the finish line. Per a preliminary vote count Thursday, Warner Bros. Discovery said the overwhelming majority of its shareholders voted in support of selling the entire business to Skydance-owned Paramount for $31 a share. That means HBO Max, cult-favorite titles like “Harry Potter” and even CNN could soon find themselves under the same roof with CBS, “Top Gun” and the Paramount+ streaming service. But it’s not a done deal quite yet. The acquisition still faces ongoing regulatory reviews.
Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant
