Is a $110bn Paramount–Warner deal about to reshape Hollywood?

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Shareholders of Warner Brothers Discovery have approved its sale to media conglomerate Paramount Skydance, with the merger valued at $110 billion. Rahul Tandon looks at what the deal could mean for competition, content and consumers. Also, BP suffers a shareholder rebellion over climate reporting. And Meta announces plans to cut around 10% of its workforce. (Picture: The studio lot at Warner Bros. Studios is seen in Los Angeles, California, USA, 23 April 2026. Credit: CHRIS TORRES/EPA/Shutterstock)