The potential Paramount-Warner Bros. Discovery merger faces fresh backlash as shareholders from the latter approve the $110 billion deal.

The deal faces regulatory scrutiny both for influence on media landscape, but also for foreign investments to fund it.

Warner Bros. Discovery will hold a special meeting on Thursday for shareholders to vote on Paramount's proposed acquisition of the company.

The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.

The merger will still require governmental approval and could be delayed by a lawsuit seeking to block it

Attention now turns to regulatory authorities, with both Washington and London expected to examine the merger's impact.

Warner Bros. Discovery shareholders voted to give their preliminary blessing to the long-debated merger with Paramount Skydance Wednesday morning.

The potential Paramount-Warner Bros. Discovery merger faces fresh backlash as shareholders from the latter approve the $110 billion deal.