The Department of Justice has approved the pending $111B merger between major Hollywood studios Paramount and Warner Bros., paving the way for two of the biggest names in movies and entertainment to combine under one roof. Many major players in Hollywood have loudly opposed the deal, saying that a consolidation of this size could eliminate and untold number of jobs. While this means one of the largest obstacles in the merger has been cleared, the deal could still face opposition from state attorneys general before closing. #paramount #warnerbros #hollywood #news
The Department of Justice has approved the pending $111B merger between major Hollywood studios Paramount and Warner Bros., paving the way for two of the biggest names in movies and entertainment to combine under one roof. Many major players in Hollywood have loudly opposed the deal, saying that a consolidation of this size could eliminate and untold number of jobs. While this means one of the largest obstacles in the merger has been cleared, the deal could still face opposition from state attorneys general before closing. #paramount #warnerbros #hollywood #news ♬ original sound - Daily Mail - Daily Mail
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