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 clearance marks the successful conclusion of a complex antitrust review that had kept the deal in limbo for months, allowing the megamerger to proceed without the imposition of structural remedies or asset divestitures.
The approval resolves the primary uncertainty that had weighed on the transaction's timeline.
With the federal government's blessing secured, the combined entity can now move forward with integration plans.
The deal, valued at approximately $110 billion, represents one of the largest consolidations in the media and entertainment sector, aiming to create a formidable competitor in the streaming and content production landscape.