Warner Bros Discovery shareholders have approved the company’s $111bn takeover by Paramount in a deal which could drastically alter the media landscape, the BBC reports.
The deal will see Skydance owner Paramount take control of all of Warner Bros’ titles and channels, which include Harry Potter, Game of Thrones and news network CNN.
“With Paramount, we look forward to creating an exceptional combined company that will expand consumer choice and benefit the global creative talent community,” Warner Bros chair Samuel DiPiazza said.
The deal still needs approval from the US Department of Justice and European competition regulators.
