DOJ greenlights Warner Bros. merger with Paramount

Published June 12, 2026 7:53pm ET



The Department of Justice greenlit a merger between Paramount Skydance and Warner Bros. Discovery, a move set to have major implications for the entertainment industry.

In a lengthy statement, the DOJ said its investigation concluded that the “transaction is not likely to result in harm to competition or American consumers,” including in regard to streaming, linear television, and studio development, production, or distribution of films for theatrical release. The investigation took eight months and examined over 2 million documents from 80 custodians, in addition to mountains of other data.

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