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Paramount-Warner Bros. Deal Nears Approval

US antitrust regulators are ready to approve Paramount's $110 billion acquisition of Warner Bros. Discovery, according to Semafor.

William Thomas
ByWilliam Thomas- Senior Editor
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U.S. antitrust regulators are poised to approve Paramount's $110 billion takeover of Warner Bros. Discovery, Semafor reported.

At a two-hour Justice Department meeting, Paramount CEO David Ellison reiterated a commitment to theatrical releases.

DOJ staff appeared swayed by arguments that the deal wouldn't harm other studios or creative talent.

Bond.az could not independently verify the report. The DOJ, Paramount, and Warner Bros. did not comment.

The high-stakes merger would combine major franchises but could hurt film and TV jobs.

Stars like Jane Fonda, J.J. Abrams, and Mark Ruffalo oppose the deal, citing reduced opportunities and higher costs.

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Paramount-Warner Bros. Deal Nears Approval | Bond.az