DOJ approves $111bn Paramount-Warner Bros merger, reshaping media landscape
The US Justice Department has approved the massive $111 billion merger between Paramount and Warner Bros. Discovery, a move set to significantly reshape the global media industry.
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The U.S. Justice Department has officially approved Paramount Skydance's substantial $111 billion acquisition of Warner Bros. Discovery, a move expected to profoundly transform the global media landscape. This federal clearance, announced on Friday, June 12, 2026, follows an extensive eight-month antitrust review.
The merger brings together a vast array of media assets, including two major Hollywood studios, prominent streaming services like Paramount+ and HBO Max, and leading television news organizations such as CBS News and CNN. Federal regulators concluded that the deal would not harm competition or American consumers across streaming video-on-demand, linear television, and film production and distribution.
Despite this significant federal approval, the massive transaction still faces scrutiny. International regulators in regions like the UK and Europe are continuing their reviews, and several state attorneys general in the U.S. are reportedly considering potential legal challenges to block the deal.
What each outlet emphasizes
- CNN: Reports Trump's DOJ approval and mentions potential state lawsuits.
- BBC: Confirms the $111bn sale approval by the US Justice Department and its impact on media.
- The Guardian: Highlights the $111bn merger approval by the US justice department.
Read it at the source
latimes.com ↗ washingtonpost.com ↗ awfulannouncing.com ↗ theguardian.com ↗ kgw.com ↗