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International Business Times
International Business Times
Business

Paramount Skydance Acquisition of Warner Bros Won't Get Expedited Approval, DOJ Confirms

A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. The Techwood campus houses departments for cable networks including CNN, TBS, TNT, Turner Classic Movies, Cartoon Network, truTV, and other assets.

The proposed acquisition of Warner Bros. Discovery by Paramount Skydance will not receive special or fast-track approval, according to the US Department of Justice.

Officials made it clear that the review process will follow normal procedures, despite speculation about political influence.

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