Statement of the Department of Justice Antitrust Division on the Closing of Its Investigation of the Merger of Paramount Skydance and Warner Bros.

The Antitrust Division of the U.S. Department of Justice (“Division”) issued the following statement today in connection with the closing of the Division’s investigation into the proposed acquisition of Warner Bros. Discovery (“WBD” or “Warner Bros.”) by Paramount Skydance (“Paramount”), together (the “Parties”):