States sue over Warner Bros-Paramount deal
Digest more
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’s Acquisition of Warner Bros.
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.
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.