BUSINESSJun 12 · 21:37 UTCBUSINESS INSIDERJames Faris ([email protected])

David Ellison's Paramount just got the DOJ's permission to buy WBD

Paramount Skydance CEO David Ellison has received US Department of Justice approval to acquire Warner Bros. Discovery in a $111 billion deal, positioning Paramount as a major Hollywood player. The DOJ stated the transaction is unlikely to harm competition or consumers, though challenges abroad and potential lawsuits remain.

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David EllisonpersonParamount SkydanceorganizationWarner Bros. DiscoveryorganizationU.S. Department of JusticeorganizationDonald TrumppersonNetflixorganization

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