
Paramount Signals Kids-Channel Sell-Off to Satisfy EU View on Warner Deal
Paramount Skydance says it could divest some children’s TV networks to win EU clearance for its $110 billion takeover of Warner Bros. Discovery, as Brussels weighs overlaps in kids channels and other competition concerns. Remedies would need to be proposed by early July for a quick initial review, with a possible phase 2 investigation if concerns persist, while UK and US regulators also scrutinize the deal; Middle East sovereign funds are financing the bid, and Paramount is aiming for a Q3 close if approvals proceed smoothly.
