Justice Department Clears Paramount-Warner Bros. Merger

The U.S. Justice Department has concluded its antitrust investigation into the proposed $110 billion merger between Paramount, Skydance Corp., and Warner Bros. Discovery Inc. This development, confirmed by individuals close to the matter, removes a significant regulatory hurdle for the transaction. The clearance suggests the government found no substantial antitrust concerns that would impede the combination of these major media entities. This decision paves the way for the companies to proceed with their planned integration, potentially reshaping the media landscape.