The British government has signalled that it is likely to intervene in Paramount Skydance’s proposed $110 billion takeover of Warner Bros. Discover, citing concerns about maintaining media plurality. Lisa Nandy, the U.K.’s Secretary of State for Culture, Media and Sport, said in a statement on Tuesday, “Following engagement with the parties and independent research, my […]
British Government Likely to Intervene in Paramount’s Proposed $110 Billion Takeover of Warner Bros. Discovery
The British government has signalled that it is likely to intervene in Paramount Skydance’s proposed $110 billion takeover of Warner Bros. Discover, citing concerns about maintaining media plurality. Lisa Nandy, the U.K.’s Secretary of State for Culture, Media and Sport,…
This article was originally published by
Variety
and is republished here under license.
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