this post was submitted on 12 Jun 2026
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The Justice Department’s Antitrust Division has signed off on Paramount Skydance’s $111 billion bid for Warner Bros. Discovery, according to two people familiar. The approval clears a major regulatory hurdle for a deal that has become one of the most closely watched media merger reviews of the Trump era.

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[–] vk6flab@lemmy.radio 48 points 3 days ago

And despite widespread condemnation, now yet another billionaire is in charge of even more of the global narrative.

[–] yesman@lemmy.world 37 points 3 days ago (2 children)

Paramount has bowed to Trump, fired Colbert, paid a $36M bribe, and Trump bought stock in one of the companies before any of this was public.

We should demand that these corrupt executives be prosecuted; their networks' licences should be pulled; and fined out of existence. Warner, Paramount, HBO, and CBS should cease to exist and all their IP should become public domain.

[–] Tollana1234567@lemmy.today 5 points 2 days ago

paramount is owned by ellison.

[–] FenrirIII@lemmy.world 4 points 3 days ago (1 children)

Literally none of that will ever happen. The rich own the system

[–] zurchpet@lemmy.ml 1 points 2 days ago

True. But it should.

[–] anon_8675309@lemmy.world 16 points 3 days ago (1 children)

Good grief. 12 companies own like 99% of everything.
Fucking sucks.

[–] LuminousLuddite@lemmy.world 1 points 3 days ago* (last edited 3 days ago)
[–] theherk@lemmy.world 17 points 3 days ago (2 children)

Has any merger been rejected in recent decades?

[–] adarza@piefed.ca 17 points 3 days ago

first one that comes to mind is at&t's failed attempt to buy tmobile about 15 years ago.

[–] Tollana1234567@lemmy.today 8 points 2 days ago (1 children)

just to get at CNN to become a foxlite, when its already been foxlite for a while.

[–] Formfiller@lemmy.world 4 points 2 days ago

Now it’s going to be far right

[–] HailSeitan@lemmy.world 4 points 3 days ago

Now it’s up to the state AGs to sue to block it

[–] garretble@lemmy.world 4 points 3 days ago (1 children)

Weeelllp, time to binge all the shows I want on HBO and cancel.

[–] kobra@piefed.social 2 points 3 days ago (1 children)

I am immediately on the hunt for The Wire series on DVD now.

[–] garretble@lemmy.world 4 points 3 days ago (1 children)

Check your local library my friend. Best place to check out shows on dvd.

[–] MonkeMischief@lemmy.today 3 points 3 days ago

And back them up, as a cultural archivist for when all this stuff is pulled from major services or the prices get even more extortionate.

Defend your local libraries!

[–] NM_Gringo@lemmy.world 4 points 3 days ago

What a shock. This is me being shocked, shocked I say.

[–] trainsrkool@lemmy.ml 4 points 3 days ago

No wayyyy! I'm to totally surprised!! 😒

[–] Pandasdontfly@anarchist.nexus 0 points 3 days ago