Paramount Skydance Corporation (PSKY) announced it has received several key regulatory approvals for its planned merger with Warner Bros. Discovery, Inc. (WBD), significantly advancing the transaction towards closing.
Key Details
- U.S. Approval: The U.S. Department of Justice (DOJ) closed its investigation on June 12, 2026, concluding the merger is "not likely to result in harm to competition or American consumers."
- International Clearances: The company received unconditional clearance from the Chinese antitrust authority on June 17, 2026, and unconditional approval from the Spanish foreign direct investment authority on June 11, 2026.
- Merger Context: The original merger agreement with WBD, where WBD will become a wholly owned subsidiary of PSKY, was announced on February 27, 2026.