{"id":1730,"date":"2026-06-12T22:10:00","date_gmt":"2026-06-12T22:10:00","guid":{"rendered":"https:\/\/uspropertymoves.com\/?p=1730"},"modified":"2026-06-12T22:10:00","modified_gmt":"2026-06-12T22:10:00","slug":"justice-department-signs-off-on-paramount-warner-bros-deal","status":"publish","type":"post","link":"https:\/\/uspropertymoves.com\/?p=1730","title":{"rendered":"Justice Department Signs Off on Paramount-Warner Bros. Deal"},"content":{"rendered":"
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\n\tThe Justice Department has cleared Paramount\u2018s $111\u00a0billion megadeal for Warner Bros., a key approval that removes a major regulatory roadblock to completing the merger that will reshape Hollywood.<\/p>\n

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\n\tThe decision clears the way for Paramount to become the largest theatrical distributor in the country and own a top five streamer by subscriber count unless the merger is stopped by another entity.<\/p>\n

\n\t\u201cWe are grateful for the Department of Justice\u2019s thorough review of this transaction, as well as the work of the other agencies that have completed their reviews and provided clearance to date,\u201d a Paramount spokesperson said in a statement. \u201cThis deal is pro-competitive, resulting in a stronger company better positioned to compete against dominant technology platforms in an industry increasingly defined by intense competition for audiences, talent, technology, and investment.\u201d<\/p>\n

\n\tThe green light doesn\u2019t require any divestitures, behavioral remedies or concessions, reported Politico.<\/p>\n

\n\tThe Justice Department is one of several groups that posed an obstacle to consummating the merger. They include state attorneys general, the FCC, the European Union and consumers, who\u2019ve already filed a lawsuit to stop the acquisition. <\/p>\n

\n\tParamount has framed the deal as one that will boost competition in Hollywood, arguing it\u2019s necessary to compete against tech giants like Netflix, Amazon and Apple. It\u2019s pledged to release at least 30 movies a year theatrically with a minimum 45-day theatrical windows.<\/p>\n

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\n\tAs the Justice Department weighed approval, a coalition of states led by California are preparing a lawsuit to block the deal that\u2019s expected to be filed within a month. New York, Colorado, Oregon, Nevada, Washington, Connecticut and Tennessee are among the several states in talks to join, a source familiar with the situation told The Hollywood Reporter<\/em>.<\/p>\n

\n\tIn a post on X, Sen. Elizabeth Warren (D-Mass.) urged state attorneys general to follow through on challenging the merger.<\/p>\n

\n\t\u201cThis is terrible news for every American who doesn\u2019t want Trump-aligned billionaires to control what they watch and how much they pay,\u201d she said. \u201cThe Paramount-Warner Bros. deal has reeked of corruption and influence-peddling. This fight isn\u2019t over.\u201d<\/p>\n

\n\tSo far, regulators in Saudia Arabia, Ukraine, Serbia and North Macedonia have found that the deal doesn\u2019t violate antitrust laws, posted Paramount legal chief Makan Delrahim. Foreign Direct Investment authorities in Germany, Italy, France, Romania, Slovenia, Belgium, Czechia and New Zealand have also cleared the merger.<\/p>\n

\n\t\u201cWe remain focused on completing the transaction as soon as possible and delivering its benefits to consumers, creators, and the entertainment industry as a whole,\u201d Paramount said in a statement.<\/p>\n

Read more Ronnie Schell, Actor on \u2018Gomer Pyle: USMC,\u2019 Dies at 94<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A coalition of state attorneys general led by California is preparing a lawsuit to challenge the merger.<\/p>\n","protected":false},"author":1,"featured_media":200,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[115,506],"class_list":["post-1730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting","tag-paramount","tag-warner-bros-discovery"],"yoast_head":"\nJustice Department Signs Off on Paramount-Warner Bros. Deal - US Property Moves<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uspropertymoves.com\/?p=1730\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Justice Department Signs Off on Paramount-Warner Bros. 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