UK ‘minded to’ intervene in Paramount’s $110bn takeover of Warner Bros Discovery

Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competition The UK culture secretary, Lisa Nandy, intends to ask the British media and competition watchdogs to examine Paramount’s $110bn (£85bn) acquisition of Warner Bros Discovery. The WBD takeover deal will create a media powerhouse controlling assets including: the Hollywood studios behind franchises including Superman, Batman and Top Gun; the UK’s Channel 5; news...

By Mark Sweney

UK leaning towards intervening in $110 billion Paramount-Warner Bros Discovery deal

British Government Likely to Intervene in Paramount’s Proposed $110 Billion Takeover of Warner Bros. Discovery

The British government has signalled that it is likely to intervene in Paramount Skydance’s proposed $110 billion takeover of Warner Bros. Discover, citing concerns about maintaining media plurality. According to Reuters, the U.K. culture minister Lisa Nandy said in a statement on ‌Tuesday, “Following engagement with the parties and independent research, my department ⁠has today […]

By Leo Barraclough

U.K. Government Likely to Intervene in Paramount’s Warner Bros. Discovery Takeover

U.K. Secretary of State for Culture, Media and Sport Lisa Nandy cited concerns around the plurality of views in news media, and consolidation in on-demand programming.

By Alex Weprin

Paramount-Warner Merger: UK Government “Minded To Intervene” In $110B Deal

UK culture secretary Lisa Nandy has said she is “minded to intervene” in Paramount’s $110 billion takeover of Warner Bros. Discovery (WBD). In what could be a spanner in the works for the mega-merger, Nandy has said that she wishes to assess whether the deal is in the best interests of UK audiences. The minister […]

By Jake Kanter