Paramount Skydance's $111bn acquisition of Warner Bros Discovery has received approval from the US Department of Justice, paving the way for a transformative media industry merger.
DOJ approves Paramount Skydance's $111B Warner Bros deal; Paramount+ and HBO Max merge into stronger streaming competitor. Consolidation narrows vendor options; foreign investment scrutiny extends M&A approval timelines, reshaping tech partnership dynamics.
DOJ found the merger would increase competition
Jun 13, 2026
02:16 pm
What's the storyThe US Department of Justice (DOJ) has approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery.
The decision comes after an eight-month-long investigation into the potential impact of the deal on competition in streaming video services, traditional television, and the film industry.
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