UNIC Pushes for Harder EU Remedies Over Paramount-WBD Merger
UNIC, representing exhibitors across 39 European territories, says the European Commission’s conditional approval of Paramount’s takeover of Warner Bros. Discovery should have gone further, arguing the remedies address only a narrow set of concerns. It highlights risks outside UIP territories and calls for remedies that extend beyond the UIP footprint, including issues like theatrical windows and access to back catalogs. The EC’s rule includes a 10-year ban on co-distribution with Universal in UIP markets within the EEA, but UNIC says broader safeguards are still needed and it will monitor developments in the US for potential European implications.