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Trump’s DOJ greenlights Paramount-Warner merger
The Trump administration approved Paramount Skydance's proposed merger with Warner Bros. Discovery, a move that aims to consolidate major entertainment assets including CNN and HBO. The Department of Justice stated that the deal is unlikely to harm competition or consumers across various media sectors, though state attorneys general are expected to challenge the merger. Regulatory reviews by the European Union and the UK are still pending, while Paramount plans to complete the acquisition by the end of September.
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