DOJ Approves Paramount's $111B Warner Bros Discovery Acquisition; States Weigh Antitrust Action
By
Dominic Patten
Front-window bakery material. Catches the eye, delivers the goods.
Summary
The Department of Justice has approved Paramount's $111 billion acquisition of Warner Bros Discovery, with no significant concessions required. The approval comes from the Trump administration, which is seen as favorable to Paramount CEO David Ellison. However, state attorneys general from California, New York, and nearly a dozen other states are considering filing an antitrust lawsuit to block the mega-merger.
Key quotes
· 3 pulledA very early birthday present to CEO David Ellison, the anticipated sign-off by the Para-friendly Trump administration has been confirmed to Deadline by multiple sources.
There appear to be no significant concessions by Paramount to the DOJ to get the deal done, we hear.
The big hurdle cleared by Para Friday comes as state attorneys general in California, New York and almost a dozen other states are contemplating an antitrust suit to put the brakes on such a mega-studio.
You might also wanna read
Justice Department approves Paramount's $111 billion acquisition of Warner Bros.
The Justice Department's Antitrust Division has approved Paramount's $111 billion acquisition of Warner Bros., allowing the major media merg
politico.com·7h ago
DOJ Approves $111 Billion Paramount-Warner Bros. Merger; California AG Plans Multistate Lawsuit Challenge
The Department of Justice has approved the $111 billion merger between Paramount and Warner Bros. Discovery, following Paramount Skydead def
forbes.com·4h ago
DOJ Antitrust Division Clears $111 Billion Paramount-Warner Bros. Discovery Merger Without Conditions
The DOJ Antitrust Division has approved David Ellison's Paramount Skydance merger with Warner Bros. Discovery, valued at $111 billion, witho
Variety·7h ago
Trump DOJ approves Paramount-Warner Bros. Discovery merger; state lawsuits may follow
The Trump administration's Department of Justice has approved the merger between Paramount Skydance and Warner Bros. Discovery, a major cons
cnn.com·6h ago
DOJ approves Paramount Skydance's acquisition of Warner Bros. Discovery
The U.S. Department of Justice has approved Paramount Skydance's proposed acquisition of Warner Bros. Discovery, according to a source famil
cnb.cx·7h agoDOJ approves Paramount Skydance's acquisition of Warner Bros. Discovery
The U.S. Department of Justice has approved Paramount Skydance's proposed acquisition of Warner Bros. Discovery, according to a source famil
cnb.cx·7h ago
Justice Department approves Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery
The Justice Department has approved Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, according to a source familiar
nbcnews.to·6h ago