Paramount’s $110 Billion Warner Takeover Investigated by UK - Bloomberg.com

Paramount’s $110 Billion Warner Takeover Investigated by UK  Bloomberg.com

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets Authority The UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD). The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises incl...

By Mark Sweney

Paramount-Warner Bros. Merger to Be Formally Investigated by U.K. Competition Watchdog

The U.K.’s competition regulator, the Competition and Markets Authority, has started an investigation into the proposed $110 billion acquisition by David Ellison-led Paramount Skydance of Warner Bros. Discovery. The deadline for the CMA to announce its decision on the first phase of the investigation and whether it will approve the deal or refer the merger […]

By Leo Barraclough

Paramount’s $110bn Hollywood takeover to be investigated by UK regulator

By James Warrington

Paramount-Warner Bros. Merger Formally Investigated By UK Competition Watchdog

The UK’s antitrust authority has launched a formal investigation into the $110 billion merger between Paramount and Warner Bros. Discovery (WBD). The Competition and Markets Authority (CMA) said on Tuesday that it had opened a “merger inquiry” into the deal that will reshape the global entertainment industry. The CMA will commence its so-called Phase 1 […]

By Jake Kanter

The UK opens its investigation into the Paramount-Warner Bros. deal