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Paramount and Warner may join

110

The film company Paramount plans a big buy. It wants to take over Warner Bros. This costs 110 billion dollars. It is a very big buy in the media world.

First there are problems. 12 states in the USA sue. California leads this group. They fear less competition. This can mean higher prices. The film quality can also suffer.

Now there is a deal. The states get new groups for the news. These are for the stations CBS and CNN. So the work of reporters stays free. Paramount also invests much money in California. They want to make 30 films there every year. The shares of both firms rise after the news.

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Definitions

Fusion
A fusion is the joining of two or more firms into one big firm.
Konzern
A group is a join of many big firms under one boss.
Aktie
A share is a part of a firm. People can buy shares at the market.
Redaktionsausschuss
A news group checks that reports stay free.
Wettbewerb
Competition means that many firms fight for buyers. This helps to get good prices.

People

David Ellison
David Ellison is the chief of the firm Paramount.
Larry Ellison
Larry Ellison is the founder of Oracle and the father of David Ellison.

Locations

Kalifornien
California is a state in the USA. It is famous for films.

Sources

Logo Spiegel
Spiegel

Paramount und Warner Bros.: Einigung im Streit um 111-Milliarden-Fusion

Read now
Logo VOL
VOL

Paramount und Warner Bros: Einigung im Fusionsstreit

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Südtirol News

Bericht: Paramount legt Streit um Warner-Fusion bei

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Logo Standard
Standard

Paramount legt Streit um milliardenschwere Warner-Fusion laut Bericht bei

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