Warner Bros $111bn sale to Paramount approved by US justice department

The approval marks a key development in the merger that will reshape media, allowing the continue of the takeover of the Hollywood studio, which owns CNN and HBO.

Justice Dept. Clears Way for Paramount-Warner Bros. Merger

The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News.

By Lauren Hirsch, David McCabe and Benjamin Mullin

Paramount’s $111bn takeover of Warner Bros wins US antitrust approval

Deal is critical to David Ellison’s ambition to create new media empire

US Justice Department approves Paramount-Warner Bros. merger

The decision is major win for a deal backed by billionaire Larry Ellison, a close ally of President Donald Trump, but has left parts of Hollywood wary of further job cuts and shrinking production.

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 b...

By Jeremy Barr

Justice Dept. approves Paramount's acquisition of Warner Bros. Discovery

The Justice Department closed its investigation into the proposed $110 billion merger of Paramount and Warner Brothers Discovery, saying it found no threat to competition or consumers.

By David Folkenflik

Unearthed DOJ emails expose turmoil over Biden-era memo urging crackdown on parents

Internal DOJ emails reveal officials allegedly called Garland's 2021 school board memo "stupid" and warned it would look like an "Anti-MAGA Task Force."

US clears Paramount's mammoth Warner Bros merger

Paramount has been given the green light to take over Warner Bros. Discovery for $110 billion, including its subsidiary CNN, fueling fears of media censorship and increased control over the US entertainment industry.

Justice Department approves Paramount’s acquisition of Warner Bros

This provides Paramount a crucial advantage as it seeks to fend off potential state-level challenges to the deal

By Ismail Shakil,Daphne Psaledakis and Jody Godoy

David Ellison's Paramount just got the DOJ's permission to buy WBD

Paramount Skydance CEO David Ellison has DOJ clearance to buy Warner Bros. Discovery. Angela Weiss/AFP via Getty Images; Dania Maxwell / Los Angeles Times via Getty Images Paramount Skydance got the US Department of Justice's approval to acquire Warner Bros. Discovery. "We are grateful for the Department of Justice's thorough review of this transaction," Paramount said. Buying WBD's studio and streaming assets would make Paramount a Hollywood superpower. David Ellison's Paramount Skydance j...

Justice Department Approves Paramount’s Warner Bros. Discovery Takeover Without Any Strings Attached

David Ellison’s Paramount Skydance has reportedly cleared a big regulatory hurdle in advancing toward completing its $111 billion merger with Warner Bros. Discovery. The Justice Department’s Antitrust Division has approved the deal, as first reported by Politico. The agency is giving the green light to the Paramount-WBD tie-up without requiring “any divestitures, behavioral remedies or […]

By Todd Spangler

Justice Department Signs Off on Paramount-Warner Bros. Deal

A coalition of state attorneys general led by California is preparing a lawsuit to challenge the merger.

By Winston Cho

Justice Department Explains Why It Cleared Paramount-Warner Bros. Deal: “Not Likely To Result In Harm To Competition Or American Consumers”

The Justice Department said that it concluded that Paramount’s proposed acquisition of Warner Bros. Discovery was “not likely to result in harm to competition or American consumers,” citing their review of the streaming, linear television and theatrical release marketplaces. In a statement, the DOJ noted the multiple transaction in which Warner Bros. has been an […]

By Ted Johnson

U.S. Justice Department Approves Paramount & Warner Bros. Discovery Merger

Hollywood is entering a whole new era ... because the U.S. Justice Department has officially approved Paramount Skydance's massive $111 billion merger with Warner Bros. Discovery. The decision, announced Friday, clears the way for Paramount…

By TMZ Staff

DOJ Probes Big Banks For Alleged "Debanking" Of Clients

DOJ Probes Big Banks For Alleged "Debanking" Of Clients The US Dept of Justice is intensifying scrutiny of some of the country’s largest financial institutions over allegations that customers were denied banking services, or "debanked" for political or ideological reasons, according to the Wall Street Journal. The US Attorney’s Office for the District of Columbia, led by Jeanine Pirro, has reportedly issued subpoenas to several major banks, including JPMorgan Chase, Bank of Amer...

By Tyler Durden

US gives green light for Paramount’s $111 bn Warner Bros. takeover

The approval is a coup for Paramount chief executive David Ellison, whose father, Oracle co-founder Larry Ellison, largely financed the takeover. The post US gives green light for Paramount’s $111 bn Warner Bros. takeover appeared first on Vanguard News.

By Henry Oduah

Warner Bros $111bn sale to Paramount approved by US Justice Department

Paramount Skydance's $111bn (£828mn) acquisition of Warner Bros Discovery has been approved by the US Department of Justice.

By David Apinga