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Last updated: 2026-04-29 18:02:36 ET
Warner Bros. Discovery shareholders voted on Thursday to approve Paramount Skydance's acquisition of the company in a deal valued at roughly $81 billi...
Warner Bros. Discovery shareholders approved a merger with Paramount, while issuing a rebuke over executive pay. The deal still faces opposition from Hollywood A-listers and scrutiny from regulators.
The deal, which has met with resistance from Hollywood unions and some state attorneys general, is now awaiting regulatory approval.
The merger will cost Paramount $111 billion in cash.
Warner Bros. Discovery shareholders voted to approve the merger with Paramount Skydance, which owns CBS News. Jo Ling Kent reports.
The shareholders, however, struck down WBD CEO David Zaslav's lucrative compensation package, which would see him collect between $550 million and $88...
The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.
The vote brings the tech scion David Ellison one step closer to uniting some of the world’s biggest news and entertainment properties.
The merger will still require governmental approval and could be delayed by a lawsuit seeking to block itShareholders of Warner Bros Discovery (WBD) v...
Warner Bros. Discovery will hold a special meeting on Thursday for shareholders to vote on Paramount's proposed acquisition of the company.
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