The Justice Department closed its investigation into the proposed $110 billion merger of Paramount and Warner Brothers Discovery, saying it found no threat to competition or consumers.
The decision paves the way for a proposed $111 billion merger uniting two rival studio giants — Paramount, owner of CBS, and the much larger Warner, which includes HBO and CNN.
A commercial airline pilot received a baffling response from the FAA after Trump's UFC lights blinded them while landing, MeidasTouch reported.The pilot spoke anonymously about how powerful lights from the UFC octagon on the White House South Lawn filled the cockpit during a landing at Ronald Reagan Washington National Airport. It was "10 times worse than any laser illumination event," the pilot told MeidasTouch.Landing an aircraft relies heavily on visual references, according to MeidasTouch. The pilot filed reports with the Federal Aviation Administration and NASA's Aviation Safety Reporting System.FAA personnel told the pilot to contact the White House about the safety concerns. MeidasTouch noted that the pilot's reports "raise questions" about how well the fight's organizers coordinated with aviation authorities, considering the illuminated UFC setup's proximity to the "busiest flight corridors."The FAA recently recommended blinking red lights for Trump's triumphal arch because of how close it is to busy D.C. flight corridors. MeidasTouch also brought up heightened concern ever since an American Airlines flight fatally collided with a U.S. Army helicopter last year.
The US Justice Department has closed an antitrust probe into Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., saying the deal “is not likely” to hurt consumers or competition in the film and television industry.
The approval marks a key development in the merger that will reshape media, allowing the continue of the takeover of the Hollywood studio, which owns CNN and HBO.
The Department of Justice (DOJ) has approved Paramount’s $110 billion bid to acquire Warner Bros. Discovery, according to the DOJ’s Antitrust Division, clearing a key regulatory hurdle for the merger between the two global entertainment giants. A DOJ analysis determined that the transaction “is not likely to result in harm to competition or American consumers”…
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
Earlier this year, Paramount staved off a rival bid from Netflix for Warner Bros.
The Department of War on Friday released a new "Peace Through Strength" ad which will debut during the historic Freedom 250 UFC fight this weekend. The post WATCH: Department of War Unveils Epic “Peace Through Strength” Ad That will Debut During Historic Freedom 250 UFC Fight appeared first on The Gateway Pundit.