The multibillion-pound Paramount Skydance acquisition of Warner Bros Discovery has come even closer to becoming a reality after shareholders voted to accept the offer.
The shareholders, who own Warner Bros Discovery (WBD), voted "overwhelmingly" to approve the adoption of the merger agreement with Paramount, WBD said.
In total, the deal has been valued at $110bn (£81.4bn) - $31 per WBD share and additional fees.
Thursday's vote was described as "another key milestone toward completing this historic transaction" by WBD.
The deal, it said, "will deliver exceptional value to our stockholders" and will be completed between July and September this year, subject to regulatory approval.
Subscribe to our Money newsletter For more information about how we use your data and your rights, you can visit our Privacy Centre. First name Last name Email
"We will continue to work with Paramount to complete the remaining steps in this process that will create a leading, next-generation media and entertainment company," the statement continued.
A merger of WBD and Paramount Skydance is one of the biggest media deals in history, with significant impacts on TV, filmmaking and the possible future of the cinema.
Be the first to get Breaking News Install the Sky News app for free
This breaking news story is being updated and more details will be published shortly.
Please refresh the page for the latest version.
You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.