After U.K. Approval of Paramount-WBD Deal, European Media Leaders Rally Behind David Ellison: ‘The Industry Will Be Stronger’ - Variety
European media executives and industry leaders have expressed support for David Ellison’s acquisition of Warner Bros. Discovery following regulatory approval in the U.K. The deal is viewed as a necessary consolidation to compete with global streaming giants.
The U.K.'s decision to clear Paramount Skydance's $111 billion proposed acquisition of Warner Bros. Discovery has been broadly welcomed by European industry players. U.K. exhibitors, media executives and analysts have argued the deal reflects a wider shift in regulatory thinking as European broadcasters face mounting competitive pressure from global streaming giants. Following the European Commission's [...]
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