Paramount and Warner Bros. Discovery Merger Federal Antitrust Review May Be a Done Deal

Mihaela Chircă

One of the most significant mergers in Hollywood history may have cleared federal antitrust review — a week before it was even announced. On Feb. 20, Paramount declared that its deal for Warner Bros. Discovery had passed the statutory waiting period that enables the Department of Justice to preemptively block mergers. Paramount’s chief legal officer, Makan Delrahim, was looking to expedite the process should Netflix’s offer fall through — which it did on Thursday. AMC Lands U.K. Crime Drama '