Skip to content

DOJ clears Paramount‑Skydance bid for Warner Bros; state AGs weigh lawsuit

moviesJun 15, 2026242,524

The Justice Department's Antitrust Division gave conditional approval to Paramount‑Skydance's $111 billion bid to acquire Warner Bros. Discovery. The federal signoff removes a major regulatory obstacle while several state attorneys general, including California AG Rob Bonta, are preparing lawsuits to try to block the transaction. Career DOJ antitrust staff had been leaning toward recommending a challenge, and state probes argue the deal would concentrate vast film, television, and streaming libraries. If finalized, the merger would combine marquee franchises and streaming services, reshaping competition, news distribution, and consumer choice.

1 source