European Industry Backs Ellison as UK Clears Paramount-Skydance-WBD Deal
TL;DR Summary
Britain's CMA cleared Paramount Skydance's $111 billion merger with Warner Bros. Discovery, a decision welcomed by European media players who say consolidation strengthens theatrical exhibition and investment amid mounting streaming competition, signaling regulators are taking a more permissive stance as Ellison lobbies for a stronger, joined slate of studios.
Topics:entertainment#business#david-ellison#european-industry#paramount-skydance#uk-cma#warner-bros-discovery
- After U.K. Approval of Paramount-WBD Deal, European Media Leaders Rally Behind David Ellison: ‘The Industry Will Be Stronger’ Variety
- Britain clears $110 billion Paramount-Warner Bros. merger CNN
- Paramount-Warner Deal Cleared by UK Antitrust Watchdog Bloomberg
- U.K. Waves Through $81 Billion Paramount-Warner Bros. Deal WSJ
- Paramount concessions lead UK to approve takeover of Warner Bros The Guardian
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