Entertainment

Entertainment Industry Mergers and Milestones

Updated 2026-06-12 22:55 UTC 1 source Positive

The Justice Department has approved Paramount’s $110 billion acquisition of Warner Bros. Discovery, while SpaceX made its IPO, making Elon Musk the world's first trillionaire.

Coverage timeline — 2 articles
The Hill
{beacon} Technology Technology   The Big Story SpaceX launches IPO, making Musk the world’s first trillionaire Elon Musk’s SpaceX made its highly anticipated stock market debut Friday morning, establishing him as the first person to ever be worth $1 trillion. © Matt Rourke, Associated Press T
2026-06-12 22:33 UTC
The Hill
The Justice Department 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
2026-06-12 22:42 UTC
Share: Twitter / X LinkedIn