Marc Filippino

The fact that investors are backing this $111 billion deal brings it one step closer to final.

Paramount was locked in a bidding war with Netflix for months to acquire the studio.

Now the merger heads to regulators in the U.S., U.K., and E.U.

for approval.

But there's still a lot of pushback.

More than a thousand people in Hollywood signed an open letter this month opposing it.

They're concerned that selling Warner Brothers to Paramount could lead to widespread job losses and fewer opportunities across the industry.

The Trump family's crypto company is feuding with one of its biggest backers.

World Liberty Financial got hit with a lawsuit recently.

It came from crypto tycoon Justin Sun.

He also publicly attacked World Liberty in recent weeks.

Here to discuss what's going on is the FT's Jill Shaw.

She's our U.S.

trading and crypto correspondent.

Hi, Jill.

Hi.

All right.

So before we get into this legal drama for our listeners who aren't super familiar with world liberty, tell me a little bit more about it and the role that it plays in the crypto space.

So the Trump family is participating in the crypto sphere very actively.

And the Trump administration has been very crypto friendly, too.