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U.S. Domestic5h 15m ago

The Department of Justice has approved Paramount's pending $110 billion purchase of Warner Bros Discovery.

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U.S.

Who
Department of Justice, Paramount, Warner Bros Discovery, Donald Trump, Sen. Elizabeth Warren, Rob Bonta, David Ellison, Ted Sarandos, Treasury Secretary Scott Bessent, UK’s Competition and Markets Authority, European Commission, Saudi Arabia’s Public Investment Fund, Qatar Investment Authority, Abu Dhabi’s L’imad Holding
What
The Department of Justice has approved Paramount's pending $110 billion purchase of Warner Bros Discovery.
When
Fri, 12 Jun 2026 20:29:00 GMT · 5h 15m ago
Where
U.S. ·
Why
The Department of Justice approved the acquisition without significant concessions from Paramount, despite concerns from state attorneys general and international regulators regarding competition and foreign ownership.
The Frontline Impact

How this affects you

This approval by the U.S. government clears a major hurdle for Paramount's acquisition of Warner Bros. Discovery, enabling the creation of a 'mega-studio' that could reshape the entertainment industry landscape, though it faces continued scrutiny from state attorneys general in the U.S. and regulators in the UK and Europe over antitrust concerns and foreign investment.

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