U.K. Approves Paramount-Warner Bros. Merger
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- The U.K. approved Paramount Skydance's $111 billion acquisition of Warner Bros. on both competition and public interest grounds.
- Paramount beefed up its promises on U.K. programming and news provision to win clearance.
- The U.K.'s Department of Culture, Media and Sport issued a statement announcing the approval.
- Warner Bros. Discovery CEO David Zaslav acknowledged the extended merger saga has been "challenging" for employees while calling their work ethic "inspiring."
Why it matters: Clearing a $111 billion merger on public interest grounds — not just competition — locks Paramount into concrete U.K. programming and news commitments that will govern how the combined entity serves British audiences post-merger.
