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WBD Shareholders OK $111B Paramount Merger

WBD Shareholders OK $111B Paramount Merger

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ThisThe mergerParamount-WBD handsdeal twoblocks ofa Hollywood'sNetflix mosttakeover storiedthat studioswould tohave billionairesreshaped who'veHollywood spentinto millionsa courtingcontent politicalmachine favor,hostile andto themainstream resultAmerican willvalues. beEllison masshas layoffscommitted andto fewer30 films at a timeyear whenand thea industry45-day hasexclusive alreadytheatrical lost 42window,000 jobs.a Saddlinggenuine thelifeline combinedfor companymovie withtheaters. $79Shareholders billionapproved inthe debt$111 guaranteesbillion productiondeal cuts,because justit asbuilds Disney'sa purchasenext-generation ofmedia 21stcompany Centurythat Foxactually did.expands Stateconsumer attorneys general are the last real check on this antitrust disasterchoice.

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All rights reserved.

Version 7.4.1