Warner Bros. Discovery shareholders approve Paramount deal
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The Warner Bros. Discovery board just voted to sell its entire company to Paramount Skydance, ending a monthslong battle with Netflix. Netflix withdrew its bid in February after declining to raise
Market Domination Host Josh Lipton is joined by Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferré to take a closer look at Warner Bros. Discovery (WBD) after the media giant's shareholders approve its mega-merger with Paramount Skydance (PSKY).
Paramount’s blockbuster acquisition of Warner Bros. Discovery, CNN’s parent company, is poised to clear a pivotal hurdle later this week.
UPDATED: Mark Ruffalo will speak via Zoom at Sen. Cory Booker’s “spotlight hearing” on Wednesday on Paramount’s proposed merger with Warner Bros. Discovery. Booker also had invited Paramount CEO David Ellison to testify,
Paramount Skydance’s newly-installed chief revenue officer takes his role into the public sphere this week as the media conglomerate starts a series of “upfront” meetings with various agencies and advertisers.