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[ABC News @ABC]

JUST IN: Warner Bros. Discovery has agreed to a deal with Paramount Skydance, the two companies confirmed Friday in a news release. https://t.co/MDsmvVoUEV

[Deadline @DEADLINE]

It’s official. For real this time. Warner Bros. Discovery is selling itself to Paramount for $31 a share in cash in a deal worth $110 billion. The companies unveiled their formal agreement on Friday.

WBD jilted previous partner Netflix yesterday after receiving a superior proposal from the David Ellison company. Netflix had four days to match but declined immediately and walked, leaving Paramount triumphant after a months-long hostile takeover attempt to pry apart its rivals.

Full details here: https://t.co/2kPRb6ePJa

[ABC News @ABC]

BREAKING: The Department of Justice has signed off on Paramount Skydance's acquisition of Warner Bros. Discovery, saying in a statement that it found the $111 billion media megadeal "is not likely to result in harm to competition or American consumers." https://t.co/MY4aLGzbPy

[ABC News Politics @ABCPolitics]

BREAKING: The Department of Justice has signed off on Paramount Skydance's acquisition of Warner Bros. Discovery, saying in a statement that it found the $111 billion media megadeal "is not likely to result in harm to competition or American consumers." https://t.co/yEiNbsrcQK

[ABC News @ABC]

Warner Bros. Discovery shareholders on Thursday voted to approve the Paramount Skydance takeover bid, completing a major step toward the $111 billion media megadeal.

Read more: https://t.co/qpd3F51sXa

[The Hollywood Reporter @THR]

Paramount-Warner Bros. Discovery Merger Inches Closer to a Done Deal https://t.co/IdZv5YGfrv

[Portal HBO Max @hbomax_portal]

🚨De acordo com o Financial Times, a União Europeia irá APROVAR a venda da Warner Bros. Discovery para a Paramount Skydance.

A PSKY, após reunião com agentes da organização, teria aceitado algumas questões para que aconteça o negócio, entre elas a venda - ou o fim - da United Internacional Pictures.

A UIP é uma empresa dividida ente a Paramount e a NBCUniversal, sendo a responsável por distribuir os filmes de ambos os estúdios na Europa.

[The Hollywood Reporter @THR]

The Justice Department has cleared Paramount‘s $111 billion megadeal for Warner Bros., a key approval that removes a major regulatory roadblock to completing the merger that will reshape Hollywood. https://t.co/dAexxSYsvZ

[Los Angeles Times @latimes]

The U.S. Justice Department cleared the way for Paramount Skydance’s $111-billion purchase of Warner Bros. Discovery — a major milestone that moves David Ellison closer to his goal. The government stopped short of asking Paramount to make concessions or divestitures. https://t.co/nYQ1EYxuF1

[The Washington Post @washingtonpost]

Breaking news: Antitrust regulators at the Justice Department approved Paramount Skydance’s $110 billion deal to buy Warner Bros. Discovery, a merger that would create one of the largest companies in Hollywood and reshape the television news landscape. https://t.co/ziOtDx14N9

[Deadline @DEADLINE]

The Department of Justice has approved Paramount’s $111 billion purchase of Warner Bros Discovery.

“We are grateful for the Department of Justice’s thorough review of this transaction, as well as the work of the other agencies that have completed their reviews and provided clearance to date,” a Paramount spokesperson said Friday.

“This deal is pro-competitive, resulting in a stronger company better positioned to compete against dominant technology platforms in an industry increasingly defined by intense competition for audiences, talent, technology, and investment. We remain focused on completing the transaction as soon as possible and delivering its benefits to consumers, creators, and the entertainment industry as a whole.”

More details: https://t.co/6SZfrQ7XKJ

[CNN Breaking News @cnnbrk]

The Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood. https://t.co/AsJ8275iAU

[TheWrap @TheWrap]

Paramount Meets With European Commission to Secure Warner Bros. Merger Approval
https://t.co/qFdjmwDOsj

[Variety @Variety]

Paramount-Warner Bros. Merger Overseas: EU Likely to Give Go-Ahead, but Another Hurdle Looms in the U.K. https://t.co/Mt4FytJtH6

[Variety @Variety]

Paramount-Warner Bros. Merger Set to Clear European Union Regulatory Hurdle (Report) https://t.co/D4MFcPUqmv

[Variety @Variety]

Three Democratic U.S. senators are urging the FCC to prevent Paramount Skydance from closing its $111 billion merger with Warner Bros. Discovery until the government’s national security review of the foreign investors in the deal has run its course. https://t.co/RUxhBFPtyw

[Variety @Variety]

Democratic Senators Urge FCC to Block Closing of Paramount-Warner Bros. Merger Until Review of Deal's Foreign Investment Concludes https://t.co/RUxhBFPtyw

[Variety @Variety]

The Paramount-Warner Bros. Discovery merger has been approved by the Department of Justice:

• The DOJ’s Antitrust Division cleared the $111B deal without requiring divestitures, behavioral remedies or other concessions

• An official announcement is expected Friday

https://t.co/h5cOjs5mSu

[Variety @Variety]

HBO Max and Paramount+ will be combined into one streaming platform under Paramount-Warner Bros.

However, Paramount bosses stress that HBO as a brand will “operate with independence.”

“As we said, we do plan to put the two services together, which today gives us a little over 200 million direct to consumer subscribers,” Paramount CEO David Ellison says. “We think that really positions us to compete with the leaders in the space, At Paramount, by the middle of this year, we’ll have completed the consolidation of our three services under one unified stack, and you can see us taking a similar approach to this platform going forward."

https://t.co/G8GEIVHZNB

[Deadline @DEADLINE]

Paramount CEO David Ellison says the company’s pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix, especially when Paramount+ and HBO Max come together.

“We will combine the streaming portfolios of the two companies into one stronger platform over the coming years,” Ellison told Wall Street analysts Monday on a conference call to discuss the $111 billion deal. On Paramount+ and HBO, he said, “there are more than 200 million [direct-to-consumer] subscribers today, and more than 100 countries and territories worldwide, positioning us to compete effectively with the leading streaming services in today’s marketplace”

Full story here: https://t.co/JG7aETQtkg