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EU Approves Paramount-Warner Merger | Tulsa News

Paramount’s $111 billion takeover of Warner Bros. Discovery just got EU approval—with strict conditions—to reshape global entertainment, merging HBO Max, CBS, Harry Potter, and Top Gun under one giant umbrella. The EU forced Paramount to ditch its partnership with United International Pictures within 13 months and ban new deals with Universal for a decade, fearing theater owners and viewers would suffer. Paramount calls it a win for competition and consumer choice, using the EU’s green light as proof. But in the U.S., a judge has paused the deal for two weeks as states sue to block it…

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