Regulators require Paramount to divest its stake in United International as part of the approval for the media merger.
Paramount Skydance secured conditional approval from the European Union for its $110 billion acquisition of Warner Bros. Discovery. The deal, one of the largest in media history, faced scrutiny over potential market dominance in streaming and content distribution.
The European Commission mandated Paramount divest its stake in United International to address antitrust concerns. Analysts had expected regulatory hurdles, given the combined entity’s scale in film, television, and digital platforms. The prior year saw similar scrutiny for Disney’s Fox acquisition, which also required asset sales.
Shares of both companies remained stable following the announcement, reflecting investor anticipation of the approval.