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.

Paramount Skydance defeated Netflix in the battle to acquire Warner Bros. Discovery, committing $111 billion for the merger.

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

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

The $110 billion union of the parent companies of CBS Sports and TNT Sports drew much closer to reality Friday.

The U.S. Justice Department has approved Paramount Skydance Corp's massive $110 billion acquisition of Warner Bros. Discovery. This regulatory green light comes as several states…