Justice Department says Paramount's Warner deal wouldn't harm competition - Reuters
Justice Department says Paramount's Warner deal wouldn't harm competition Reuters
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxONW1CUWo0djU2czk2WE1TV1FrV3ZjX0l5eU9ULTdQT016WHA0ZEN0WVhtTUpyZV9weVl4WFhVLU0zLVZkOGRqZ1JvN2l0U3hzZmFOUnA2bGlINFdBNmQzbDByYTJHcVBqcEN1ZXZDemotdlhWTTlmYUhsOWZ1ekVnZ29zdGo3ay1uUWx5R0dTcDB1ODFMeEtYYmdaMGhUWV8tZ2M5cFhRbFVBLVhsNG9SWHI4bw?oc=5" target="_blank">Justice Department says Paramount's Warner deal wouldn't harm competition</a> <font color="#6f6f6f">Reuters</font>
Antitrust regulators at the Justice Department on Friday approved Paramount Skydance’s $110 billion deal to buy Warner Bros. Discovery, a merger that would create one of the largest companies in Hollywood and reshape the television news landscape. In a statement, the Justice Department said it had concluded its eight-month investigation and found that the deal was unlikely to harm consumers because of corporate combination in streaming, linear television and content production. The deal would put two major film and television studios (Paramount and Warner Bros.), streaming services (Paramount+ and HBO Max), and TV news giants (CBS News and CNN) under a shared roof.
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