Warner Bros.-Paramount deal advances

The Warner Bros. takeover saga took another turn on Thursday and may finally be nearing its conclusion, with shareholders approving a buyout at $31 per share from Paramount Skydance, although regulators still need to review the deal that would merge two major entertainment groups, amid opposition, particularly from Hollywood, concerned about its potential impact on media plurality, as Luke Shrago reports.

Warner Bros.-Paramount deal advances
The Warner Bros. takeover saga took another turn on Thursday and may finally be nearing its conclusion, with shareholders approving a buyout at $31 per share from Paramount Skydance, although regulators still need to review the deal that would merge two major entertainment groups, amid opposition, particularly from Hollywood, concerned about its potential impact on media plurality, as Luke Shrago reports.

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