Big Law

Paramount Skydance Merger Approved by Warner Bros. Discovery Shareholders

The biggest media merger in years is inching closer to the finish line. Warner Bros. Discovery shareholders voted Thursday to approve the company’s acquisition by Paramount Skydance, a tie-up that would unite two of Hollywood’s most storied film studios under the same corporate roof and reshape American entertainment.

The “yes” vote from WBD’s shareholders was widely expected after the boards of directors at both entertainment giants unanimously endorsed the blockbuster $110 billion transaction.

Read more at NBC News

Back to top button