Paramount appears to sway DOJ staff on Warner Bros. takeover

U.S. antitrust regulators appear ready to approve Paramount’s $110 billion takeover of Warner Bros. Discovery after a two-hour meeting Tuesday at the Justice Department, where Paramount CEO David Ellison reiterated a commitment to releasing movies in theaters, people familiar with the matter said.

DOJ antitrust staff members grilled Ellison on whether the combined company would be less inclined to send movies to big screens — a concern channeled by Hollywood talent and raised by California’s attorney general, who could try to block the merger.

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