WeSearch

US justice department approves $111bn merger of Paramount and Warner Bros Discovery

https://www.theguardian.com/profile/jeremy-barr· ·4 min read · 0 reactions · 0 comments · 6 views
US justice department approves $111bn merger of Paramount and Warner Bros Discovery

Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys general Donald Trump ’s Department of Justice has decided to approve the $111bn merger of Paramount Skydance, controlled by the Ellison family, and Warner Bros Discovery, the parent company of networks like CNN and HBO. The deal was approved by the justice department’s anti-trust division after months of review, and despite the concerns of many people in the entertainment and media industries who bel

Original article
the Guardian · https://www.theguardian.com/profile/jeremy-barr
Read full at the Guardian →
Opening excerpt (first ~120 words) tap to expand

David Zaslav, CEO and president of Warner Bros Discovery (left) in 2025, and the Paramount CEO, David Ellison, in 2026. Composite: The Hollywood Reporter via Getty Images, Zuffa LLCView image in fullscreenDavid Zaslav, CEO and president of Warner Bros Discovery (left) in 2025, and the Paramount CEO, David Ellison, in 2026. Composite: The Hollywood Reporter via Getty Images, Zuffa LLCTrump administrationUS justice department approves $111bn merger of Paramount and Warner Bros DiscoveryDeal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys generalJeremy BarrFri 12 Jun 2026 20.54 EDTFirst published on Fri 12 Jun 2026 18.08 EDTSharePrefer the Guardian on GoogleDonald Trump’s Department of Justice has decided to approve the $111bn merger of Paramount…

Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.

Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from the Guardian