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2026-07-10 07:18:20 UTC
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U.S. Justice Department Approves Paramount Skydance Merger with Warner Bros. Discovery

blueskydwlatimes.comtimesofisrael · 4 blocs · 9d ago

The U.S. Justice Department has approved the $110 billion to $111 billion merger between Paramount Skydance and Warner Bros. Discovery, concluding that the deal would not violate federal anti-competition laws. The transaction includes CNN as a subsidiary of Warner Bros. Discovery.

The U.S. Justice Department approved the merger of Warner Bros. Discovery by Paramount Skydance, a deal valued at between $110 billion and $111 billion. According to the Justice Department, the conclusion of the review determined that the acquisition would not violate federal anti-competition laws or harm consumers. The approved merger includes CNN as a subsidiary of Warner Bros. Discovery.

While the federal approval has been secured, political and legal reactions vary. According to the Los Angeles Times, President Trump favors the deal. However, according to Times of Israel, Democrats have expressed concern regarding sovereign wealth funds from Saudi Arabia, Qatar, and the UAE investing in the company resulting from the merger. Additionally, Times of Israel reported that state lawsuits are looming regarding the merger.

The approval represents a significant step for David Ellison. Antitrust investigators approved the purchase, a move that has raised concerns about media censorship and industry control.

This account was written only from facts that survived Augur's corroboration pass — 4 corroborated across opposed news blocs, 0 contested (attributed to both sides), 3 single-source (attributed). Nothing was added; no significance was inferred. Model Qwen3-Next-80B-A3B-Instruct. See the evidence & the verbatim quotes →