Justice Dept. approves Paramount's acquisition of Warner Bros. Discovery

The main gate to Paramount Studios is seen on Melrose Avenue, July 8, 2015, in Los Angeles. Nick Ut/AP hide caption toggle caption Nick Ut/AP The Justice Department on Friday closed its antitrust investigation into the proposed $111 billion merger of Paramount and Warner Brothers Discovery, saying that it has found no threat to competition or consumers of film, broadcast television or streaming. …