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BusinessBusiness Insider1d ago

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

David Ellison's Paramount Skydance got the official green light to buy Warner Bros. Discovery from President Donald Trump's Department of Justice.

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AI SUMMARY

# Paramount Skydance Cleared to Acquire Warner Bros. Discovery Paramount Skydance, led by David Ellison, has received Department of Justice approval to proceed with its acquisition of Warner Bros. Discovery, marking a major consolidation in the media and entertainment sector. The deal, which has faced regulatory scrutiny, now moves forward under the Trump administration's DOJ, potentially reshaping the competitive landscape among major streaming and content production companies.

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