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Paramount seeks EU approval to buy Warner Bros; decision due July 7 
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Paramount seeks EU approval to buy Warner Bros; decision due July 7 
Jun 2, 2026 9:38 AM

BRUSSELS, June 2 (Reuters) - Paramount Skydance Corp ( PSKY )

has sought EU antitrust approval for its acquisition of

Warner Bros Discovery ( WBD ), a European Commission filing

showed on Tuesday.

* The proposed $110 billion takeover would unite two of the

entertainment industry's most enduring franchises, though

critics including some Hollywood stars have said it could

endanger film and television jobs.

* The Commission, which acts as EU competition enforcer,

will decide by July 7 whether to clear the deal with or without

remedies or open a full-scale investigation if it has serious

concerns.

* Paramount is prepared to divest minor channels such as its

children's brands to address any competition concerns, sources

told Reuters in February.

* U.S. antitrust regulators appear ready to approve the deal

after a two-hour meeting at the Justice Department, Semafor

reported last month.

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