US clears Paramount-Warner Bros merger, ending regulatory standoff

The United States Department of Justice has granted final approval for Paramount Global’s proposed acquisition of Warner Bros.

Discovery, clearing the last major regulatory hurdle for the media merger.

The $110 billion deal now moves toward closing, pending standard regulatory filings and shareholder approval.

The Department of Justice cleared the transaction without imposing structural or behavioral remedies, aligning with market expectations that the merger would face no significant antitrust pushback in the United States.

The $110 billion deal now moves toward closing, pending standard regulatory filings and shareholder approval.

European regulators, however, continue to examine the financial structure of the acquisition, particularly the involvement of Gulf-state investors, meaning the merger remains subject to a separate investigation across the Atlantic.