Paramount has taken over Warner Bros in a $110bn merger that brings together two of Hollywood’s biggest movie studios.
The deal follows months of legal disputes surrounding the proposed combination. It has also faced concern over its potential impact on competition within the film industry.
The merger marks a major change in Hollywood’s studio landscape, combining the businesses of Paramount and Warner Bros under Paramount’s control. Both companies are among the sector’s largest movie studios.
The available details do not set out the specific terms of the legal disputes or explain how competition concerns will be addressed. The latest known position is that the takeover has gone ahead, with Paramount now having taken control of Warner Bros.
