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flag John Oliver mocked Paramount’s $31/share deal to buy Warner Bros. Discovery, warning of reduced creative freedom and media consolidation.

flag The $31-per-share cash deal Paramount made to buy Warner Bros. was criticized by John Oliver. flag Discovery, referring to it as "not great news" and making light of the loss of creative freedom under the new ownership, especially for CNN and HBO. flag His comments on Last Week Tonight emphasized worries about editorial independence, corporate control, and media consolidation, particularly in light of Paramount's connections to MAGA-aligned individuals. flag Following Netflix's withdrawal from the bidding, the merger is anticipated to close in Q3 2026, pending regulatory approval and shareholder consent.

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