TMZ ·entertainment ·3 hours ago

U.S. Justice Department Approves Paramount & Warner Bros. Discovery Merger

The U.S. Justice Department approved Paramount Skydance's $111 billion merger with Warner Bros. Discovery on Friday. Officials determined the deal posed no competitive threat, ensuring a major industry shift. This merger enables the creation of one of the world’s largest entertainment companies, marking a significant victory for Paramount CEO David Ellison.

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