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

By Leo Barraclough

Leo Barraclough

International Features Editor

Latest

• Paramount-Warner Bros. Merger to Be Formally Investigated by U.K. Competition Watchdog 54 minutes ago
• Future Frames Unveils 10 Young European Filmmakers Joining the Karlovy Vary Film Festival Program 5 hours ago
• Maggie Gyllenhaal, Jesse Eisenberg to Be Honored at Karlovy Vary Film Festival 1 day ago

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 for a more in-depth probe is Aug. 7, but this could be extended.

Related Stories

Trump Blasts Judge Who Ordered President's Name Removed From Kennedy Center and Halted Renovations, Says He Will Transfer Control of Institution to Congress