As expected, the U.S. Justice Department gave its consent for the blockbuster merger expected to reshape Hollywood.
Donald Trump's Department of Justice has approved Paramount's $111 billion acquisition of Warner Bros. Discovery, the parent company of CNN and HBO Max. The post BREAKING: Trump DOJ Approves Paramount ...
When the US Department of Justice approved Paramount Skydance’s proposed acquisition of Warner Bros. Discovery on Friday, a DOJ press release said “a rigorous eight-month investigation led by the ...
The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenges from state attorneys general.
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros Discovery in a $US110 billion ($156 billion) mega-merger.
The deal has sparked fear over the future of the film, television and news industries.