Warner Bros. Discovery has received regulatory approval from the United Kingdom for its proposed $110 billion acquisition by Paramount. The UK Competition and Markets Authority and the British culture secretary cleared the transaction, removing one of the last major regulatory obstacles. This approval adds to clearances already obtained in 66 other jurisdictions, ahead of a U.S. antitrust trial scheduled for March 2027. The deal targets $6 billion in cost synergies by combining HBO Max with Paramount+, as Warner Bros. Discovery reported mixed second-quarter results with revenue of $8,717 million and net income of $149 million.
Paramount Skydance Corporation Class B Common StockUK clearance removes regulatory obstacle for Paramount acquisition
Warner Bros Discovery IncUK approval advances Warner Bros. Discovery's acquisition by Paramount
