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Paramount Skydance’s potential deal to snap up Warner Bros. Discovery in its entirety has cleared antitrust review at the U.S. Justice Department — despite the fact that David Ellison’s Paramount has repeatedly failed to secure an agreement to acquire Warner Bros. Discovery. Wbd for now remains committed to its deal with Netflix.

On Feb. 19, 2026, at 11:59 p.m. Eastern, the 10-day statutory waiting period expired following Paramount Skydance’s certification of compliance with the DOJ’s Dec. 23, 2025 Second Request for Information under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the company said in an SEC filing Friday.

The expiration…

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