The DOJ approved Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, with Larry Ellison backing over $45 billion in the mega-merger

The mega-merger is "unlikely to have the effect of substantially lessening competition in relation to the wholesale supply of films for theatrical release in Australia."

The European Commission is reviewing Paramount Skydance's $111 billion Warner Bros. Discovery acquisition over $24 billion in Gulf sovereign fund financing.