DOJ, Paramount and Warner Bros.
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As expected, the U.S. Justice Department gave its consent for the blockbuster merger expected to reshape Hollywood.
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 deal has sparked fear over the future of the film, television and news industries.
A $111 billion merger of Paramount and Warner Brothers Discovery got the green light from the Trump administration, though several states are raising anti-trust concerns. The Trump administration has blessed the union of two rival Hollywood titans.
In wild news, the massive merger between Paramount and Warner Bros. has been approved by the DOJ without any concessions necessary to gain this regulatory approval. Although it seemed like the Netflix bid to acquire Warner Bros. has been well and truly ...
