Paramount Skydance-Warner Bros Discovery merger wins unconditional Australian government approval

Paramount Skydance
Warner Bros Discovery

Paramount Skydance

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Warner Bros Discovery

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  • Paramount Skydance plans to merge its Merger Sub into Warner Bros. Discovery, leaving WBD as a wholly owned subsidiary.
  • Kuwait’s Competition Protection Agency cleared the deal unconditionally on June 28, 2026.
  • Austria’s Federal Competition Authority granted unconditional clearance on June 30, 2026 under its media merger review.
  • Australia granted unconditional foreign investment clearance on June 30, 2026, following earlier competition clearance on June 9, 2026.
  • The merger still requires additional regulatory clearances in other jurisdictions before it can close.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-079448), on July 01, 2026, and is solely responsible for the information contained therein.

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