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Uk Intervention

All articles tagged with #uk intervention

Stars urge UK action to block Paramount-Warner mega-merger
business1 month ago

Stars urge UK action to block Paramount-Warner mega-merger

Benedict Cumberbatch, Alan Cumming, and Benedict Wong wrote a Guardian op-ed warning that the Paramount-Warner Bros. merger would shrink storytelling avenues, threaten thousands of jobs, and centralize media power (including Channel 5 and CNN International). They urge UK government intervention, praising Lisa Nandy, and warn that without blocking the deal the industry and public would be harmed; the merger faces US opposition and has been delayed until after an antitrust trial.

UK Urged to Block Paramount-WBD Merger, Backed by Cumberbatch and Co.
entertainment1 month ago

UK Urged to Block Paramount-WBD Merger, Backed by Cumberbatch and Co.

Benedict Cumberbatch, Alan Cumming and Benedict Wong co-authored a Guardian op-ed urging UK Culture Secretary Lisa Nandy to intervene and block Paramount’s $111 billion takeover of Warner Bros. Discovery, arguing the consolidation would harm the UK screen industry and threaten news diversity by concentrating outlets like 5 News, CNN International, and CBS News. The European Union has cleared the deal, but the UK is reviewing it with a decision due after Parliament returns from summer break; the merger could close without UK clearance due to a non-suspensory regime, though Paramount says it will respect the British process.