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Warner Bros $111bn sale to Paramount approved by US Justice Department (opens original article in a new tab)

TL;DR

The US Justice Department approved Paramount's $111bn acquisition of Warner Bros Discovery, but California may block it due to competition concerns, with Hollywood professionals opposing the merger.

  • US Justice Department approved Paramount's $111bn acquisition of Warner Bros Discovery
  • California's Attorney General expressed concerns about reduced competition and may block the merger
  • Over 1,400 Hollywood professionals opposed the merger, citing negative impacts on creators and audiences

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