Paramount completes takeover of Warner Bros, creating media behemoth Skydance
Paramount completed its acquisition of Warner Bros Discover on Tuesday, after a bidding war against Netflix. The deal closed following federal approval of a settlement between Paramount and 12 US states that tried to block the transaction on antitrust grounds. Opponents in the movie industry warned of job cuts, while media groups said Warner-owned CNN's independence could be compromised.
New EU members face 15-year probation period after joining the bloc
The European Commission is proposing a new procedure to cut funding and voting rights of EU newcomers that breach the rule of law, available for 15 years after accession. The proposal also includes new procedures for the gradual integration of candidate countries and governance measures.
Russia drops war posts case against children’s hospice founder Moniava
Russian investigators have dropped a criminal case against children's hospice founder Lida Moniava after finding her actions did not constitute a crime, her lawyer and a group of supporters said on Tuesday, a rare apparent reversal by authorities enforcing stringent wartime censorship laws.
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