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Paramount (PARA) Warner Bros. Discovery (WBD) Merger Approved by DOJ

Published on 6/12/2026

#PARA#WBD#M&A#DOJ#EU
Paramount (PARA) Warner Bros. Discovery (WBD) Merger Approved by DOJ

AI Summary

The U.S. Department of Justice has approved Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery (WBD), concluding that the merger would not harm competition. Paramount's stock rose about 3% in after-hours trading following the announcement. The deal's completion is aimed for September, with a potential ticking fee increasing costs thereafter. Regulatory approvals are still pending in Europe, with a review deadline set for July 14. This decision is significant for the competitive landscape of the entertainment industry.

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