Department of Justice Antitrust Division Closes Investigation of Paramount Skydance and Warner Bros. Merger
The Antitrust Division of the U.S. Department of Justice has completed its analysis of the proposed merger of Paramount and Warner Bros. and determined based on the evidence received in its investigation that the transaction is not likely to result in harm to competition or American consumers, including with respect to: (1) streaming video on demand (“SVD); (2) linear television; and (3) studio development, production, or distribution of films for theatrical release.