Paramount completes $110bn Warner Bros Discovery takeover

Paramount completes $110bn Warner Bros Discovery takeover

Paramount Skydance has completed its $110bn takeover of Warner Bros Discovery, placing CNN and CBS News under one corporate owner. The deal, cleared after state attorneys general and union challenges were settled in September, includes commitments to protect newsroom independence. Critics, including Elizabeth Warren and press-freedom groups, question whether a board appointed by chairman David Ellison can genuinely safeguard editorial freedom.

Source: Al Jazeera

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