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Paramount's Acquisition of Warner Bros. Discovery Receives DOJ Approval

KVIA•Friday, June 12, 2026 at 9:55 PM•CNN Newsource

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The U.S. Department of Justice has approved Paramount Skydance's acquisition of Warner Bros. Discovery, a significant move that could reshape the entertainment landscape. This approval, announced on Friday, is seen as a crucial step for Paramount, which aims to integrate major assets like CNN and HBO. However, the merger faces potential legal challenges from state attorneys general, particularly in California, who are concerned about antitrust implications. Paramount is targeting completion of the merger by the end of September 2023, but ongoing reviews by European regulators may delay this timeline. The deal has sparked controversy due to its ties to former President Trump and his administration, raising questions about political influence in media.

Key Details: • DOJ approval received on Friday; merger completion aimed for end of September 2023. • Potential legal challenges from state attorneys general, particularly in California. • European Union and UK reviews still pending, which could affect the timeline. • Paramount claims the merger will enhance competition in the entertainment industry.

trump entertainment paramount warner-bros merger

People & Organizations

CaliforniaDonald TrumpParamountDavid EllisonCBS NewsLarry EllisonWarner Bros. DiscoveryU.S. Department of JusticeWashingtonBruce SpringsteenRob Bonta

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