US clears Paramount-WBD merger

In Washington, the Justice Department has cleared Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, removing its largest regulatory obstacle.

“In Washington, the Justice Department has cleared Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, removing its largest regulatory obstacle. Broadband TV News says approval would create one of the biggest media groups in the United States, spanning studios, streaming and news.”

Original reporting: broadbandtvnews.com ↗