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Paramount seeks quick DOJ approval for $81B Warner Bros. Discovery merger amid political and job loss concerns.

Market News
29 May 2026
New York Post
View Source
Neutral
pluang ai news

Paramount Skydance recently met with the DOJ antitrust division to push for fast approval of its $81 billion acquisition of Warner Bros. Discovery. The deal faces opposition from progressive groups worried about job losses and a shift toward more centrist programming, especially at CNN. Paramount argues that Warner Bros. Discovery was already cutting jobs due to financial struggles and that the merger will save jobs and boost competition in a changing media landscape. The company plans to close the deal soon if regulators approve it without state challenges.

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