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The Independent UK
The Independent UK
National
Wyatte Grantham-Philips

What a combined Paramount-Warner would mean for streaming, news and film

HBO Max, "Harry Potter," and CNN could soon find themselves under the ownership of Paramount, following a significant vote by Warner Bros. Discovery shareholders.

On Thursday, shareholders approved the sale of the entire business to the company that owns CBS and blockbusters like "Top Gun." Based on preliminary counts, Warner shareholders agreed to the proposed $81 billion buyout, valued at nearly $111 billion including debt, based on Warner’s current outstanding shares.

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