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EU Approves Paramount-Warner Merger | Durham News
The EU just approved Paramount’s $81 billion takeover of Warner Bros. Discovery, clearing a major hurdle for the mega-merger that could reshape global entertainment — but with strings attached. To ease antitrust concerns, Paramount must exit its joint venture with Universal for international film distribution and can’t strike new deals with them for a decade. While the EU sees this as preserving competition in streaming and film production, it warned the combined giant could squeeze theater owners, hurting consumers. Paramount celebrates the win, touting a future where HBO Max, CNN, Top Gun…
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