US Justice Department clears Paramount's acquisition of Warner Bros
- Posted on June 13, 2026
- By Business News Today
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- 1 min read
US Justice Department clears Paramount's acquisition of Warner Bros
The U.S. Justice Department has approved Paramount Skydance Corp's massive $110 billion acquisition of Warner Bros. Discovery. This regulatory green light comes as several states prepare to challenge the deal in court. Paramount argues the merger will boost competition. However, concerns persist within Hollywood regarding job losses and storytelling diversity.