DOJ Closes Investigation Into Paramount’s Acquisition of Warner Bros., Opening Door for Merger

The eight-month investigation involved a review of more than 2 million documents provided to the DOJ by both Paramount and Warner Bros.

Paramount Pictures Studios in Los Angeles, on April 28, 2026. John Fredricks/The Epoch Times

The U.S. Department of Justice (DOJ) closed its antitrust investigation into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery on Friday, opening the door for the merger to proceed.

According to a DOJ news release, the agency’s antitrust division found that the merger is not likely to result in harm to competition or to American consumers regarding streaming video on demand, linear television, and studio development, production, or films for theatrical release.