Warner Bros shareholders to vote on Paramount’s $81 billion takeover of the Hollywood giant

Warner Bros Discovery shareholders are set to vote Thursday on the company’s proposed $81 billion sale to Skydance-owned Paramount, in a mega merger that could vastly reshape Hollywood and the wider media landscape.

Paramount wants to buy all of Warner. That means HBO Max, cult-favourite titles like “Harry Potter” and CNN could soon find themselves under the same roof as Paramount’s CBS, “Top Gun” and the Paramount+ streaming service. And a greenlight from shareholders would bring the acquisition closer to the finish line.