Paramount approved to acquire Warner Bros. Discovery
The Justice Department has approved Paramount's acquisition of Warner Bros. Discovery. The merger is valued at $110 billion. (sources: dw, abc, npr, thehill, cbsnews)
The Justice Department concluded its investigation into the merger, determining it posed no threat to competition or consumers. Paramount is set to take over Warner Bros. Discovery, including its subsidiary CNN.
- The merger is valued at $110 billion.
- The Justice Department found no competitive threats from the merger.
- The acquisition includes Warner Bros. Discovery's subsidiary CNN.
Why it matters
The approval of this merger could impact the landscape of the entertainment industry.
↓ Congress can act on this
3 bills on this issue are moving right now — and the most active one is S130: Competition and Antitrust Law Enforcement Reform Act of 2025.
S130 · 119th Congress
Competition and Antitrust Law Enforcement Reform Act of 2025
Where do you stand on this bill?
Takes about 60 seconds
About this bill
What S130 actually does
This story is about US Approves Paramount's Acquisition of Warner Bros. This bill would apply a broader merger standard for anticompetitive risk, and require stronger merger reporting/ove.
If passed, it would:
- apply a broader merger standard for anticompetitive risk (including quality, choice, innovation, barriers, monopsony • expand resources, reporting, and enforcement mechanics for antitrust agencies.
2 other bills moving on this issue
Take action on any of them individually.
This story is about US Approves Paramount's Acquisition of Warner Bros. This bill would strengthen FTC antitrust tools against platform-level collusion patterns.
If passed, it would
- restrict use of pricing algorithms that facilitate anticompetitive outcomes through opaque competitive conduct • strengthen FTC antitrust tools against platform-level collusion patterns.
This story is about US Approves Paramount's Acquisition of Warner Bros. This bill would lower switching frictions that often amplify merger-related market concentration.
If passed, it would
- help users move data/services across platforms, reducing lock-in • lower switching frictions that often amplify merger-related market concentration.