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US justice department approves $111bn merger of Paramount and Warner Bros Discovery (opens original article in a new tab)

TL;DR

The US Justice Department approved the $111bn merger of Paramount and Warner Bros Discovery, but UK and European regulators are still reviewing it. Employees at CNN and CBS News fear job losses and editorial changes.

  • US Justice Department approved $111bn merger of Paramount and Warner Bros Discovery after eight-month review.
  • UK and European regulators are investigating the merger for potential competition issues with deadlines in July and August.
  • CNN and CBS News employees worry about job cuts and editorial influence from the merger.

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