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Justice Dept. Clears Way for Paramount-Warner Bros. Merger

NYT > Business > Media · Lauren Hirsch, David McCabe and Benjamin Mullin · last updated
The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News.
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The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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