U.K. Clears Paramount-Skydance $110B Takeover of Warner Bros. Discovery
U.K. antitrust watchdog and culture minister approve Paramount Skydance’s $110B takeover of Warner Bros. Discovery, clearing a major regulatory hurdle despite the deal’s agreed delay until next year.
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Britain's antitrust watchdog and culture minister approved Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, clearing another major regulatory hurdle after Paramount agreed to delay the deal until next year amid broad antitrust concerns. That approval is a legal milestone: it reduces one form of deal risk and reshuffles who controls key content libraries. It is not, however, a rescue for Warner Bros.
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