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22 Justice Department Approves Paramount's $111 Billion Acquisition of Warner Bros.

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BeauHD @ Slashdot 2 place · today 18:00 EDT

Justice Department Approves Paramount's $111 Billion Acquisition of Warner Bros.

The Justice Department has approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery without requiring divestitures or other concessions. The deal still faces scrutiny from state attorneys general. Politico reports: The decision, expected to be announced Friday, paves the way for Paramount to combine with the entertainment and media company behind a vast film and television studio, CNN, and the HBO Max streaming service, which would be combined with Paramount+ to create a new offering

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