UK likely to intervene in Paramount takeover of Warner Bros Discovery
Summary
UK culture secretary is minded to intervene in Paramount Skydance's proposed $111 billion takeover of Warner Bros Discovery on public-interest grounds, citing media plurality concerns. The intervention would trigger review by Ofcom and CMA, potentially delaying or shaping the deal, which has already been approved in the US and by the EU with remedies. This piece highlights regulatory risk in cross-border media deals and the evolving UK regulatory stance.