Hollywood giant born: US clears Paramount’s US$111b Warner Bros takeover (opens original article in a new tab)

The US Justice Department approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, despite ongoing legal challenges and industry concerns.

• US Justice Department approved Paramount Skydance's $111 billion takeover of Warner Bros. Discovery without changes
• The deal faces potential antitrust lawsuits from California and the European Commission
• Hollywood figures oppose the merger, fearing reduced competition and production in the industry