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HBO Max, “Harry Potter,” “Top Gun,” CBS and CNN may all be placed under the control of the upstart Paramount Skydance soon. That’s because shareholders of Warner Bros. Discovery approved an $81 billion sale of the company on Thursday. The deal, including debt, is valued at nearly $111 billion. While the megamerger faces ongoing regulatory review, it could vastly reshape Hollywood and the wider media landscape. It would further consolidate power in an industry already run by just a handful of major players. Paramount itself was acquired by Skydance just last year. Here’s what a Paramount-Warner combo could look like for streaming, movies, news and more.

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An $81 billion Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood and the wider media landscape closer to the finish line. Per a preliminary vote count on Thursday, the overwhleming majority of Warner Bros. Discovery shareholders voted in support of selling the entire business to Paramount for $31 a share. Including debt, the deal is valued at nearly $111 billion. Skydance-owned Paramount wants to buy all of Warner. That means HBO Max, cult-favorite titles like “Harry Potter” and even CNN could soon find themselves under the same roof with CBS, “Top Gun” and the Paramount+ streaming service.

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Eddie Murphy has received the American Film Institute's life achievement award at a star-studded ceremony. The event, held Saturday night at the Dolby Theatre, featured appearances from Spike Lee, Martin Lawrence, Dave Chappelle, and more. Murphy, known for his roles in "Beverly Hills Cop" and "Shrek" over a nearly 50-year career, expressed gratitude for his family and career. Spike Lee praised Murphy's cultural impact, while Chris Rock and others highlighted his influence across generations. The tribute, which will air on Netflix, also included performances by Jennifer Hudson.

A federal judge has blocked the $6.2 billion merger between local television giants Nexstar Media Group and Tegna until an antitrust lawsuit is resolved. The merger would create a company owning 265 TV stations across 44 states. On Friday, U.S. District Court Chief Judge Troy L. Nunley issued an order halting the deal. Attorneys general in eight states and DirecTV sued to stop the merger, arguing it could raise consumer prices and harm local journalism. Nexstar’s attorneys say the deal has already been vetted and approved by the Federal Communications Commission and the Department of Justice.

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Dave Chappelle has helped secure the future of a small-town radio station by funding the renovation of a historic building in Yellow Springs. The newly restored 19th-century schoolhouse will house NPR affiliate WYSO, preventing its relocation. More than 200 people gathered Thursday to celebrate the ribbon-cutting. Chappelle's investment allows the station to stay locally rooted and maintain editorial independence. He emphasized the station's importance as a "beacon for sanity" in a fragmented media landscape. The project reflects Chappelle's ongoing commitment to his community, where he has become deeply embedded.

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“The Super Mario Galaxy Movie” has scored the biggest opening of the year for a Hollywood film. Studio estimates on Sunday say the Illumination and Nintendo co-production earned $130.9 million over the weekend and $190.1 million in its first five days in North America. Released globally on Wednesday, the film capitalized on kids’ spring break vacations. It earned an estimated $182.4 million from 80 overseas markets, totaling a $372.5 million debut. Despite mixed reviews, audiences were enthusiastic. The movie features returning voice actors like Chris Pratt and Jack Black. It played in over 4,000 theaters in the U.S. and Canada.

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After crashing his SUV last week in Florida, Tiger Woods took out his phone and told a deputy, “I was just talking to the president." That's according to newly released body camera footage that also shows that Woods appeared astonished as he was handcuffed. It's not clear if Woods was referring to President Donald Trump. Woods said he was looking at his phone when his speeding Land Rover clipped a truck and rolled onto its side. The video also shows that deputies found painkiller pills in Woods’ pocket after the crash. Woods entered a not guilty plea on Tuesday to suspicion of driving under the influence.

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A federal judge in New York has tossed out Blake Lively's sexual harassment claims against Justin Baldoni over the movie “It Ends With Us" but left intact claims for retaliation. The written ruling by Judge Lewis J. Liman in Manhattan was released late Thursday. Lively will still be allowed to put many of her allegations before a jury. Her lawyer says she looks forward to testifying. Lively sued Baldoni last December, alleging sexual harassment. Baldoni and his production company Wayfarer Studios countersued Lively and her husband, “Deadpool” actor Ryan Reynolds, accusing them of defamation and extortion. The judge dismissed Baldoni’s claims in June.