US judge approves settlement allowing Paramount to acquire Warner Bros
- Mammoth deal has raised questions about corporate consolidation and editorial independence in media.
- A United States judge has entered an order giving the green light for the media giant Paramount to complete its $110bn acquisition of entertainment company Warner Bros., despite fears about the long-term impacts of media consolidation.
- On Wednesday, US District Court Judge Araceli Martinez-Olguin approved a settlement between Paramount, Warner Bros, and a group of 12 states that had sued to block the merger.
Unverified
- Mammoth deal has raised questions about corporate consolidation and editorial independence in media.
- A United States judge has entered an order giving the green light for the media giant Paramount to complete its $110bn acquisition of entertainment company Warner Bros., despite fears about the long-term impacts of media consolidation.
- On Wednesday, US District Court Judge Araceli Martinez-Olguin approved a settlement between Paramount, Warner Bros, and a group of 12 states that had sued to block the merger.
Sources: Al Jazeera