The US DOJ approves Paramount's $111B purchase of WBD without forcing divestitures or behavioral remedies; state AGs could still try to block the move
In a statement, the Antitrust Division said its eight-month review “determined based on the evidence received in its investigation …
Politico Yasmin Khorram
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Discussion
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NewsMax.com
NewsMax.com
on x
Report: DOJ OKs Paramount's Warner Bros. Acquisition
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@chrisvanhollen
Senator Chris Van Hollen
on x
This purchase and approval is the result of inappropriate interference by the Trump Admin on behalf of Trump's billionaire buddies. The consolidation we're seeing in the media space is a threat to free speech. State Attorneys General must keep investigating these transactions. […
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@bedoyausa
Alvaro Bedoya
on x
It turns out that if you gut CBS news, gut 60 Minutes, promise to gut CNN, cancel Colbert, get $29B in Saudi, Qatari & UAE money, and hold a weird lavish banquet for the President and acting AG in a federal building... you can get your illegal merger approved by the DOJ. [image]
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@joycewhitevance
Joyce Alene
on x
It's up to the Brits & Europeans to block the deal or it will go thru: DOJ “concluded its 8-month investigation & found that the deal was unlikely to harm consumers because of corporate combination in streaming, linear television & content production.” https://www.washingtonpost.…
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@martinshkreli
Martin Shkreli
on x
why does the DOJ have to approve any merger? let's simplify our government two shitty legacy media companies should not need government permission from any entity, let alone TWO
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@leehepner
Lee Hepner
on x
The error here would be to think that this merger can now move forward. This only confirms what Paramount claimed to be true back in February. Onward to the states.
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@danprimack
Dan Primack
on x
Not a surprise that DOJ approved paramount-wbd merger. Was never in doubt. Antitrust issue has always been state AGs and Europe.
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@eriqgardner
Eriq Gardner
on x
Close, but not quite. Still needs clearance in Europe [image]
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@senwarren
Elizabeth Warren
on x
This is terrible news for every American who doesn't want Trump-aligned billionaires to control what they watch and how much they pay. The Paramount-Warner Bros. deal has reeked of corruption and influence-peddling. This fight isn't over. State AGs must block this merger.
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@marklemley
Mark Lemley
on bluesky
This should in no way be considered a decision made on the merits. The fix has been in for this merger from the beginning, because Trump wants to further consolidate right-wing ownership of all news outlets. — Fortunately, there are other governments that have a say. — www.p…
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r/looneytunes
r
on reddit
Looney Tunes Is Possibly in Jeopardy Due to David Ellison's Takeover
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r/MediaMergers
r
on reddit
Justice Department approves Paramount's acquisition of Warner Bros.
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r/boxoffice
r
on reddit
Trump Admin's Justice Department Officially Signs Off On Skydance's WarnerDiscovery Pursuit - After An Extensive Review …