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Paramount-Warner merger advances after judge approves settlement
Paramount is finalizing its merger with Warner Bros. Discovery after a federal judge approved a settlement to resolve an antitrust lawsuit. Key leadership changes include Paramount CEO David Ellison remaining in his role, with Ynon Kreiz, former CEO of Mattel, appointed as co-CEO to assist in managing the integrated company. The merger unites various assets from both companies, and an announcement of the new company name is expected soon.
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