Anonymousabout 2 hours ago
Warner Bros. Discovery shareholders overwhelmingly approved Paramount Skydance's $110.9 billion takeover on April 23, 2026, clearing a major hurdle for the largest media merger in history — but the deal still faces antitrust lawsuits from eight state attorneys general, a 4,000-name Hollywood petition, and questions about whether its $78+ billion debt load is sustainable. The merger would reduce Hollywood's major studios from five to four, combine roughly 200 million streaming subscribers, and promise $6 billion in synergy savings that critics warn will come largely from job cuts across a 70,200-person workforce.