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Paramount Studios water tower at dawn with Hollywood lot buildings
Hollywood · Oct 1, 2026

Federal Court Approval Clears Path for Paramount to Close Warner Bros Acquisition, Reshaping Hollywood Landscape

A federal judge approved a settlement with 12 state attorneys general that removes the last major legal obstacle to Paramount Skydance's approximately $110 billion acquisition of Warner Bros, setting the stage for the deal to close in early October and triggering broad implications for film production, newsroom oversight and industry consolidation across the United States.