BBC News – World ·world ·3 hours ago

Warner Bros $111bn sale to Paramount approved by US justice department

The US Department of Justice approved Paramount's $111 billion acquisition of Warner Bros on Wednesday. The deal, aimed at reshaping media competition, has drawn scrutiny from states like California, which could still challenge it. Critics, including over 1,400 industry professionals, fear the merger will reduce opportunities and job security in Hollywood.

Summary by OZbrief · BBC News – World

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