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Warner Bros shareholders approve Paramount’s $81 billion takeover of the Hollywood giant
Associated Press ^ | April 23, 2024 | Wyatt Grantham-Phillips

Posted on 04/23/2026 8:41:30 AM PDT by CondoleezzaProtege

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…

That corporate drama may now be over, but the implications remain. Thousands of actors, directors, writers and other industry professionals have voiced “unequivocal opposition” to the deal, in a letter arguing that further consolidation will lead to job losses and fewer choices for filmmakers and movie goers…

The merger would bring together two of Hollywood’s remaining five legacy studios. It would also join two major streaming platforms — Paramount+ and HBO Max — and two big names in America’s TV news landscape — CBS and CNN — as well as a heap of other brands and entertainment networks…

Company executives argue this will be good news for consumers, who they say will have access to bigger content libraries, particularly if HBO Max and Paramount+ become one streaming service…

Paramount CEO David Ellison has tried to assure filmmakers with a 45-day theatrical window guarantee and goal to release 30 movies a year between Paramount and Warner, which he’s said will remain stand-alone operations under a combined company…

Then there’s the news. Since coming under Skydance ownership less than a year ago, Paramount-owned CBS has already seen significant editorial shifts, notably with the installation of Free Press founder Bari Weiss as CBS News editor-in-chief. If the Warner takeover goes through, many are expecting similar changes at CNN, which has long attracted ire from President Donald Trump…

Other questions of political influence have piled up…Trump also has a close relationship with the Ellison family, particularly billionaire Oracle founder Larry Ellison, who is putting billions of dollars on the table to back the bid for his son’s company...

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; TV/Movies
KEYWORDS: associatedpress; bariweiss; bye; cnn; ellison; granthamphillips; hollywood; media; merger; oracle; paramount; warnerbros

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1 posted on 04/23/2026 8:41:30 AM PDT by CondoleezzaProtege
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To: CondoleezzaProtege

As long as Warner Brothers is kept out of reach of the dirty paws of Netflix I’m ok with the merger.


2 posted on 04/23/2026 8:44:10 AM PDT by No name given ( Anonymous is who you’ll know me as )
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To: CondoleezzaProtege

No anti-trust issues?


3 posted on 04/23/2026 8:54:42 AM PDT by Salman (Trump needs to go full Pinochet.)
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To: CondoleezzaProtege

How did taking over Warner work out for AT&T?


4 posted on 04/23/2026 8:56:49 AM PDT by PAR35
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To: CondoleezzaProtege

Now come the layoffs for the redundant employees.


5 posted on 04/23/2026 9:00:48 AM PDT by T.B. Yoits
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To: CondoleezzaProtege

CNN employees will go nuts................


6 posted on 04/23/2026 9:06:04 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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To: T.B. Yoits

They will leverage the synergies...


7 posted on 04/23/2026 9:22:43 AM PDT by Repeal The 17th ( I am obsessed with not being obsessed with anything.)
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To: CondoleezzaProtege
Wall Street is saying loudly and clearly this will never happen.

If Paramount is actually able to buy WBD, stockholders will get $31 (plus a minimum bonus, possibly).

But the stock is now $27.22 (actually down a bit), so the professionals are saying it will not happen.

8 posted on 04/23/2026 9:24:22 AM PDT by volare737 ( Diversity is something to be overcome, not celebrated.)
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To: CondoleezzaProtege

https://www.youtube.com/watch?v=EVbv4O1Upjs


9 posted on 04/23/2026 10:02:00 AM PDT by Honorary Serb (Kosovo is Serbia! Free Srpska! Abolish ICTY!)
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To: CondoleezzaProtege

WIKI

United Artists (UA) is an American film production and distribution company owned by Amazon MGM Studios. In its original operating period, it was founded on February 5, 1919 by Charlie Chaplin, D. W. Griffith, Mary Pickford and Douglas Fairbanks as a venture premised on allowing actors to control their own financial and artistic interests rather than being dependent upon commercial studios.

After numerous ownership and structural changes and revamps, United Artists was acquired by media conglomerate Metro-Goldwyn-Mayer (MGM) in 1981 for a reported $350 million ($1.2 billion today).

https://en.wikipedia.org/wiki/United_Artists


10 posted on 04/23/2026 10:04:55 AM PDT by Brian Griffin (Ask your Congressman to tax tariff refunds at 100% & rebate ~$600 to each insured vehicle owner)
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To: No name given

I was against the merger as it will hurt the artists and industry. I would rather keep my stock, but at least I’ll get three times my stock purchase price.


11 posted on 04/23/2026 10:13:52 AM PDT by captmar-vell
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To: T.B. Yoits

Can we say ... YAY!!!!


12 posted on 04/23/2026 10:46:07 AM PDT by Old West Conservative
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To: captmar-vell

It will hurt the artists and Hollywood? Plus you cash in on rising stock prices?

You just hit the triple parlay!


13 posted on 04/23/2026 10:48:02 AM PDT by Old West Conservative
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To: CondoleezzaProtege

This is the consequence of spending a billion on woke crap movies....a new investor is needed to fill the hole.


14 posted on 04/23/2026 10:52:40 AM PDT by If You Want It Fixed - Fix It
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To: CondoleezzaProtege

Just what we don’t need— more centralized control over our entertainment industry.


15 posted on 04/23/2026 10:53:22 AM PDT by Socon-Econ (adi)
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To: captmar-vell

Congrats! I get four times my purchase price!


16 posted on 04/23/2026 10:54:45 AM PDT by j.havenfarm (25 years on Free Republic, 12/10/25! More than 12,750 replies and still not shutting up!)
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To: Old West Conservative; j.havenfarm

Sometimes we just need a consolation prize for playing.


17 posted on 04/23/2026 11:05:55 AM PDT by captmar-vell
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To: PAR35

Indeed

Shareholder Impact: Shareholders received shares in the new Warner Bros. Discovery (WBD) entity but saw their dividend payments from AT&T cut nearly in half.


18 posted on 04/23/2026 12:00:42 PM PDT by Vaduz (NEVER TRUST A DEMOCRAT)
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To: Socon-Econ

Nope. Now we will have choice: the extreme Woke and the not so much woke. Before they were all part of the extreme woke.


19 posted on 04/23/2026 12:52:05 PM PDT by paudio (Charlie Kirk is this era's MLK)
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To: No name given

Paramount + might improve the number and quality of streaming programs.

I know. I know it come to me free, no charge

There is a lot of words that all miss the point. The buyout is necessary to survive in a market so different than years ago When Paramount and Warner Bros meant something.

Legacy means already produced product that will allow some limited new product to be produced.


20 posted on 04/23/2026 1:00:35 PM PDT by bert ( (KE. NP. +12) Quid Quid Nominatur Fabricatur)
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