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Bitcoin

The deal marks the largest media consolidation since the Disney‑Fox merger, confirming a trend toward vertical integration that could accelerate the tokenization of IP and drive institutional crypto demand. At the same time, the involvement of high‑profile political figures (Trump) and billionaire backers (Ellison family) adds a layer of regulatory and political risk that could reverberate across the broader crypto market.

Warner Bros shareholders approved Paramount's $111 billion takeover.