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US Justice Department clears Paramount's acquisition of Warner Bros, Politico reports

WASHINGTON - The U.S. Justice Department's Antitrust Division has cleared Paramount Skydance Corp's planned $110 billion acquisition of Warner Bros Discovery, Politico reported on Friday, citing two people familiar.

Department of Justice officials determined the transaction did not pose a threat to competition, according to the sources.

Politico reported, citing one source, that the department approved the merger without requiring any divestitures, behavioral remedies or concessions.

(Reporting by Ismail Shakil and Daphne Psaledakis; Editing by Caitlin Webber)

FILE PHOTO: The Paramount water tower is shown on the Paramount studio lot in Hollywood, Los Angeles, California, U.S., January 13, 2026.  REUTERS/Mike Blake/File Photo
FILE PHOTO: The Paramount water tower is shown on the Paramount studio lot in Hollywood, Los Angeles, California, U.S., January 13, 2026. REUTERS/Mike Blake/File Photo Mike Blake Reuters

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 12, 2026 at 1:26 PM.

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