Paramount-WBD Nears EU Greenlight as UK, States Loom
Friday, June 26, 2026 · 10 min
Paramount-Warner Bros. Discovery merger looks headed for European Commission approval, but the UK CMA’s Phase 1 deadline and possible state AG challenge still leave real closing risk as Paramount restructures debt for the $111 billion deal.
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Show notes
Paramount-Warner Bros. Discovery merger looks headed for European Commission approval, but the UK CMA’s Phase 1 deadline and possible state AG challenge still leave real closing risk as Paramount restructures debt for the $111 billion deal.
In this episode
- Paramount-Warner Bros. Discovery Merger Inches Closer to Deal — The Hollywood Reporter
Paramount-Warner Bros. Discovery Merger Inches Closer to Deal Skip to main content David Ellison Noam Galai/Getty Images Paramount is inching closer to completing its $111 billion takeover of Warner Bros., a deal that will transform the studio into a theatrical and news behemoth. The European Commission is expected to approve the merger ahead of an upcoming deadline to open an in-depth probe,…
- Paramount-Warner Merger Investigated By UK Competition Watchdog — Variety
# Paramount-Warner Bros. Merger Overseas: Will EU, U.K. Approve Deal? Author: Nick Vivarelli Published: 2026-06-25T15:21:35+00:00 Source: variety.com (variety.com) Language: en ## Story Paramount-Warner Bros. Merger Overseas: Will EU, U.K. Approve Deal? Paramount-Warner Bros. Merger Overseas: Will EU, U.K. Approve Deal? - [Plus Icon Film](https://variety.com/v/film/) - [Plus Icon…
- Warner Bros/Paramount state AG opposition finalizing outside counsel decision - ION Analytics — Dealreporter
A service of     # Warner Bros/Paramount state AG opposition finalizing outside counsel decision By Lucinda…
- Step Back — If Paramount’s Warner Bros. Discovery deal is being described as having a key DOJ approval while state attorneys general and overseas regulators are still circling, what approvals are actually required before it can close — and who still has the power to delay, reshape, or stop it?
Background sources
- DOJ Antitrust Division Approves Paramount-Warner Bros. Discovery Merger — Todd Spangler
- Justice Department Approves Paramount's $111B Warner Bros Acquisition — Dominic Patten,Ted Johnson
- Top DOJ Officials Cleared Paramount-Warner Bros. Merger Before Staff Lawyers, Who Were 'Leaning' Toward Antitrust Lawsuit, Could Object — Todd Spangler
- EU Kicks Off Probe of Paramount's $24 Billion in Middle Eastern Funding for Warner Bros. Deal — Todd Spangler
- Paramount-Warner Bros Deal: Regulatory Scrutiny Far From Over — Ted Johnson,Dominic Patten
- Democratic Senators Urge FCC to Block Paramount-Warner Bros. Merger From Closing Until Review of Deal's Foreign Investment Concludes — Todd Spangler
- Paramount-WBD merger wins approval from DOJ — Lillian Rizzo,Julia Boorstin
- Paramount Skydance Restructures Debt for Warner Bros. Discovery Deal — Variety
 # Paramount Skydance Restructures Debt Financing for Warner Bros. Discovery Deal By [Todd Spangler](https://variety.com/author/todd-spangler/) ### [Todd Spangler](https://variety.com/author/todd-spangler/) NY Digital Editor #### Latest ![Paramount Warner Bros Water…