U.S. DOJ clears Paramount Skydance’s planned acquisition of Warner Bros. (opens original article in a new tab)

The U.S. Justice Department cleared Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, stating it does not threaten competition, but states are preparing a lawsuit to block the deal.

• U.S. DOJ cleared Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery.
• DOJ stated the deal does not threaten competition in streaming, TV, or film.
• California, New York, and other states plan to sue to block the deal.