Latest Discovery News & Updates

Washington, June 13 (IANS) The US Department of Justice cleared Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, removing a major regulatory hurdle for a deal that would reshape the global entertainment industry by bringing together some of Hollywood’s most valuable film, television and streaming assets.After an eight-month antitrust investigation, the Justice Department said the $111 billion transaction was unlikely to harm competition in streaming services, television broad…