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MARKETS · rates central banks · 2026-06-13SCOOP 55
Justice Department Approves Paramount Acquisition of Warner Bros. Discovery
NPR reported on June 13 that the US Justice Department cleared Paramount's acquisition of Warner Bros. Discovery, paving the way for a proposed $111 billion merger uniting two rival studio giants. Paramount owns CBS; the much larger Warner portfolio includes HBO and CNN. The clearance was corroborated the same day by The Straits Times, The Independent and Economic Times.