Hollywood Reporter·3 min read·medium
U.K. Competition Watchdog Approves Paramount-Warner Bros. Discovery Mega-Deal - The Hollywood Reporter
G
Georg Szalai, Etan Vlessing
✦AI Summary
The UK's Competition and Markets Authority has approved the $111 billion merger between Paramount and Warner Bros. Discovery, concluding that the deal will not significantly reduce competition. However, the merger remains on hold due to ongoing antitrust lawsuits from US state attorneys general.
Britain's Competition and Markets Authority (CMA) has approved David Ellison-led Paramount Skydance's planned $111 billion takeover of Warner Bros. Discovery .
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