Previously, Netflix announced its intention to acquire Warner Bros. However, many things happened then, including Paramount coming into the bidding war picture. After a few months, Netflix then called off its offer. Warner Bros. Discovery today has announced that its shareholders have officially approved the company’s proposed transaction with Paramount Skydance, marking a major step forward in one of the biggest media deals in recent years.

The deal, which includes debt, values Warner Bros at nearly $111 billion, with Paramount offering $31 per share to acquire the company.

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. On Thursday, Warner Bros. Discovery said the overwhelming majority of its stakeholders voted in support of selling Paramount for $31…

The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.

An $81 billion Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood.

April 23 (UPI) -- Warner Bros. Discovery shareholders voted to give their preliminary blessing to the long-debated merger with Paramount Skydance Wednesday morning.

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 on Thursday, the overwhelming majority of Warner Bros. Discovery shareholders voted in support of selling the entire business to Paramount for $31 a share.

Shareholders of Warner Bros Discovery have approved its proposed merger with Paramount Global, clearing a major hurdle for the USD-111 billion deal. The transaction, including debt, would create a media giant and significantly reshape the Hollywood entertainment landscape.

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.

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.

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

The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.

The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.

NEW YORK (AP) — Warner Bros. Discovery shareholders are set to vote Thursday on the company’s proposed $81 billion sale to Skydance-owned Paramount, in a mega merger that could vastly reshape Hollywood and the wider media landscape. Paramount wants to buy all of Warner. That means HBO Max, cult-favorite titles like “Harry Potter” and CNN […]

NEW YORK (AP) — Warner Bros. Discovery shareholders are set to vote Thursday on the company’s proposed $81 billion sale to Skydance-owned Paramount, in a mega merger that could vastly reshape Hollywood and the wider media landscape. Paramount wants to buy all of Warner. That means HBO Max, cult-favorite titles like “Harry Potter” and CNN […]

Warner Bros. Discovery shareholders have approved a USD 111 billion merger with Paramount Global, priced at USD 31 per share. The deal would combine assets like HBO Max, CNN and “Harry Potter” with CBS and Paramount+, creating a major global media competitor. The merger now awaits regulatory approvals and is expected to close in the third quarter of 2026. Warner Bros-Paramount Merger: Shareholders Approve USD 111 Billion Mega-Deal to Reshape Hollywood.

Warner Bros. Discovery shareholders have approved Paramount Skydance's takeover bid, moving the massive Hollywood merger a step closer to completion. It's not a done deal quite yet, though, as it still faces regulatory scrutiny and fierce opposition from critics who warn it will further concentrate ...

Warner Bros. Discovery shareholders have approved Paramount Skydance's takeover bid, moving the massive Hollywood merger a step closer to completion. It's not a done deal quite yet, though, as it still faces regulatory scrutiny and fierce opposition from critics who warn it will further concentrate ...

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