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US justice department approves $111bn merger of Paramount and Warner Bros Discovery

The Guardian World Friday 12 June 2026, 22:08 UTC By Jeremy Barr 1 min read
Key Points

Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys generalDonald Trump’s Department of Justice has decided to approve the $111bn merger of Paramount Skydance, controlled by the Ellison family, and Warner Bros Discovery, the parent company of networks like CNN and HBO.The deal was approved by the justice department’s anti-trust division after months of review, and despite the concerns of many people in the entertainment and media industries who...

Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys general

Donald Trump’s Department of Justice has decided to approve the $111bn merger of Paramount Skydance, controlled by the Ellison family, and Warner Bros Discovery, the parent company of networks like CNN and HBO.

The deal was approved by the justice department’s anti-trust division after months of review, and despite the concerns of many people in the entertainment and media industries who believe it will hurt competition by reducing the number of film studios and – most likely – merging two news networks, Paramount’s CBS News and CNN.

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US (LOCATION) justice department (ORG) Paramount (ORG) Warner Bros Discovery (ORG) UK (LOCATION) Trump’s Department of Justice (ORG) Paramount Skydance (ORG) Ellison (PERSON) CNN (ORG) the justice department’s (ORG) CBS News (ORG)
Originally published by The Guardian World Read original →

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