Paramount-Warner Brothers Merger Approved by Justice Department

Since the news of the merger in December, I've been sporadically giving updates on the WB-Paramount merger. Yesterday saw some big news for the merger, which has needed to go through an approval process. The New York Times has reported that The U.S. Justice Department has now approved the Paramount-Warner Brothers merger. Officially, this is the last formal obstacle the merger needed to go through in order to be approved.

However, some states are considering legal action to block the merger according to BBC . California attorney Rob Bonta has expressed his intent to sue over the merger, arguing that the merger would consolidate power in the Hollywood industry down to just a few studios. Last week, Bonta announced that he would soon decide whether to take legal action.

While the merger could still face obstacles to being approved, in terms of official processes, it is considered a done deal now that the Justice Department has approved it. Unless there's significant likelihood of one of the cases reversing the merger, this will likely be the last article I'll publish about it.