Thread: Warner Bros shareholders approve Paramount’s $81 billion takeover | + Pres Clinton

Warner Bros shareholders approve Paramount’s $81 billion takeover of the Hollywood giant

https://apnews.com/article/warner-br...bb9a69646d323b



The Paramount Pictures water tower is seen in Los Angeles, Dec. 18, 2025, with the Hollywood sign in the distance. (AP Photo/Jae C. Hong, File)

BY WYATTE GRANTHAM-PHILIPS

Updated 11:11 AM PDT, April 23, 2026


NEW YORK (AP) — An $81 billion Warner-Paramount mega mergerhas 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 stakeholders voted in support of selling the entire business to Paramount for $31 a share, the company said. Including debt, the deal is valued at nearly $111 billion based on Warner’s current outstanding shares.

Skydance-owned Paramount wants to buy all of Warner.

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.

A greenlight from company shareholders increases the likelihood of that becoming a reality.

David Zaslav, CEO of Warner Bros. Discovery, said in a statement that stockholder approval marks “another key milestone toward completing this historic transaction.”

Paramount added that it looks forward to closing in the coming months, and “realizing the creation of a next-generation media and entertainment company.”

From the article, "David Zaslav, CEO of Warner Brothers Discovery, said in a statement that stockholder approval marks 'another key milestone toward completing this historic transaction.' [Then,] Paramount added that it looks forward to closing in the coming months, and 'realizing the creation of a next-generation media and entertainment company'.”

My comments:
President Bill Clinton deregulated the Media Industry and green-lit the MASSIVE media consolidation that just doesn't seem to quit!!