Published: August 17, 2026 at 3:32 pm
The UK competition regulator has approved Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery.
The Competition and Markets Authority confirmed on Monday that it is among regulators from almost 70 countries to green-light the deal, despite opposition inside the United States.
The deal was announced in February after Paramount threatened legal action against Warner Bros. in January following the news that the latter had snubbed it in favour of a lower bid from Netflix.
However a dozen US states are currently blocking the deal in the courts, accusing Paramount of violating antitrust laws. It believes the deal could lead to price increases for cable bills and movie tickets.