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Tuesday, 14 July 2026
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United States·Trade & Economy

US Justice Department clears Warner Bros acquisition by Paramount in $111bn deal

Sunday, 14 June 2026, 06:11 · 1 min read

The US Department of Justice has approved Paramount's $111 billion takeover of Warner Bros Discovery, saying the deal would "increase competition across the media and entertainment ecosystem" rather than harm it. The merger would make Paramount one of Hollywood's most powerful conglomerates, combining its existing assets — including Paramount Pictures, CBS, and Nickelodeon — with Warner Bros properties such as CNN, HBO, DC Studios, and New Line Cinema. The deal is not yet finalised, however, as California's Attorney General Rob Bonta has said the state is still investigating whether the merger could further consolidate the entertainment industry, and more than 1,400 filmmakers and actors have publicly opposed it on the grounds that it would reduce jobs and creative opportunities.

Sources
BBC WorldWarner Bros $111bn sale to Paramount approved by US justice department ↗︎
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