Federal Judge Approves Paramount-Warner Bros. Discovery Merger, New Co-CEO Appointed

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-01
Category: business
Source: Fast Company
Original source

A federal judge has approved the $81 billion merger between Paramount and Warner Bros. Discovery, resolving an antitrust lawsuit. The deal is anticipated to finalize on October 6. David Ellison, Paramount's chief executive, has selected Ynon Kreiz, former Mattel CEO, to serve as co-CEO of the newly combined entertainment entity.

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