Paramount Skydance Clears Regulatory Hurdle for Warner Bros. Discovery Acquisition

Summary

On February 19, 2026, Paramount Skydance Corporation announced that the 10-day statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, clearing the way for its proposed all-cash acquisition of Warner Bros. Discovery, Inc. The completion of the transaction remains subject to other conditions, including shareholder approval and regulatory clearance in other jurisdictions. Paramount continues to work with antitrust enforcers and other regulators to secure necessary approvals. Paramount has already secured clearance for the transaction from the foreign investment authorities in Germany.