DOJ review nears approval for Paramount Skydance, WBD merger
The proposed $110 billion merger between Paramount Skydance and Warner Bros. Discovery is awaiting approval from the U.S. Department of Justice (DOJ). Semafor reports that the DOJ "appears ready to approve" the deal, indicating a potential green light for the significant consolidation.
Key Takeaways
- The Paramount Skydance–Warner Bros. Discovery merger is valued at $110 billion.
- The deal is awaiting approval from the U.S. Department of Justice.
- Semafor reported the DOJ “appears ready to approve” the merger.
Why It Matters
A DOJ approval would remove the main regulatory hurdle for the $110 billion Paramount Skydance–Warner Bros. Discovery merger. That matters because the deal would combine two major media companies under one ownership structure, making this a significant consolidation event in streaming and broader entertainment. The key signal to watch next is the DOJ’s formal decision, since the article says the transaction is still awaiting the agency’s green light.
Read full article at cablefax.com
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