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European Commission Approves Paramount-Warner Bros. Merger

European Commission Approves Paramount-Warner Bros. Merger

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The European Commission approved the merger of Paramount Skydance and Warner Bros. Discovery on Wednesday, removing one of the few remaining obstacles to closing the $111 billion deal. As a condition of the approval, Paramount has already agreed to cancel its film distribution partnership with Universal in Europe withi

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The European Commission approved the merger of Paramount Skydance and Warner Bros. Discovery on Wednesday, removing one of the few remaining obstacles to closing the $111 billion deal.

As a condition of the approval, Paramount has already agreed to cancel its film distribution partnership with Universal in Europe within the next 13 months. A federal […]

This summary comes from Variety. Read the full article at the original source.

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