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UK approves $110B Paramount-Warner Bros merger

UK regulators approve the Paramount-Skydance takeover of Warner Bros. Discovery, but the deal still faces a U.S. antitrust trial in California.

·1 min read·5 outlets

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British regulators approved the $110 billion takeover of Warner Bros. Discovery by Paramount-Skydance. The deal remains pending in the United States after an antitrust trial was scheduled in California.

British regulators approved the $110 billion takeover of Warner Bros. Discovery by Paramount-Skydance.5,4,3 The UK government and the Competition and Markets Authority (CMA) cleared the deal after initial concerns over media plurality and competition.4 Paramount-Skydance received clearances from multiple global regulators for the merger.3

The deal still faces an antitrust trial in California, where state attorneys general are challenging the merger.3 Paramount-Skydance had expected the merger to be completed by July or August 2026.2 Paramount may incur additional costs of at least $1 billion due to the U.S. antitrust battle.1

Warum es zählt

  • The Competition and Markets Authority (CMA) is the UK's primary competition regulator, responsible for investigating mergers and market practices to prevent anti-competitive behavior.4

  • The antitrust trial in California will determine whether the merger violates U.S. competition laws, potentially blocking or modifying the deal.3

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