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The UK is investigating Paramount's takeover of Warner Bros. Discovery
The UK is investigating Paramount's takeover of Warner Bros. Discovery The first phase of the CMA's probe into the $110 billion deal could last for two months. UK antitrust officials have opened a formal investigation into Paramount's pending takeover of Warner Bros. Discovery (WBD). The Competition and Markets Authority (CMA) announced on Tuesday that it will begin a merger inquiry into the $110 billion acquisition.
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14 BRUSSELS, June 10 : Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing. The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which targets unfair foreign state aid, on Tuesday. The Commission, which acts as the EU competition enforcer,...
Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal
Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery. In a fiery letter to the Justice Department obtained by NBC News, Paramount Skydance chief legal officer Makan Delrahim excoriated Netflix for what he called a “panic-level response” to the merger that illustrates “just how seriously Netflix takes Paramount as a scaled...
Paramount Is Pulling Every Lever to Sell LBO Debt
Paramount Studios in Los Angeles, California, US, on Tuesday, Dec. 9, 2025. Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026.
Netflix trying to "poison regulators" about WBD merger, Paramount lawyer claims
Paramount Skydance is accusing Netflix of maintaining a campaign against its proposed acquisition of Warner Bros. Discovery (WBD). In a June 5 letter (PDF) addressed to Jared A. Hughes, acting section chief of the Media, Entertainment, and Communications Section of the US Department of Justice's (DOJ's) Antitrust Division, and A. Maya Kahn, a trial attorney for the Antitrust Division, and first reported on by Politico today, Paramount chief legal officer Makan Delrahim accused Netflix of...
New ‘60 Minutes’ boss takes meetings with staffers after clash with Scott Pelley
“60 Minutes” executive producer Nick Bilton pressed ahead Tuesday with plans to speak individually with staff members, a day after correspondent Scott Pelley confronted him during a heated meeting, according to a source with direct knowledge of the matter. Bilton, a documentary filmmaker and technology journalist, laid out those plans during a meeting with “60 Minutes” employees on Monday morning. But that gathering was overshadowed by Pelley’s fiery criticism of Bilton and CBS News...
CBS fires veteran correspondent Scott Pelley amid turmoil over direction of '60 Minutes'
CBS News has fired high-profile "60 Minutes" correspondent Scott Pelley amid debate about the direction of the show, which has been a mainstay of the network's television lineup for decades. "Your employment with CBS News is terminated for cause effective immediately," Nick Bilton, the new executive producer of "60 Minutes," wrote to Pelley in a letter seen by CNBC. It was not immediately clear when the letter was sent.