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WBD Shareholders Approve $110bn Paramount Skydance Merger
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Business·4/23/2026AI summary

WBD Shareholders Approve $110bn Paramount Skydance Merger

Warner Bros Discovery shareholders have voted overwhelmingly to approve the $110bn merger with Paramount Skydance, creating one of the biggest media companies in history. The deal values WBD at $31 per share and is expected to complete between July and September 2026, pending regulatory approval. The combined entity will own CNN, CBS News and major film studios, raising concerns about news concentration.

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