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Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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EU Commission approves Microsoft’s Bethesda acquisition
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nme.comMicrosoft’s acquisition of ZeniMax Media and all of its subsidiary studios, including Bethesda Softworks.The news of the EU Commission’s decision comes just a day after it was announced that the United States Securities and Exchange Commission (SEC) had similarly approved the acquisition and merger between the two companies.In a statement on its website, the EU Commission said that “the proposed acquisition would raise no competition concerns, given the combined entity’s limited market position upstream and the presence of strong downstream competitors in the distribution of video games”.It also clarified that the proposed acquisition “was examined under the normal merger review procedure”.Now that both the EU Commission and SEC have.
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