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EU Approves Paramount-Warner Merger | San Antonio News
The EU just approved Paramount’s blockbuster merger with Warner Bros. Discovery, clearing a major hurdle for the deal—but with strings attached. While regulators found enough competition in film and streaming across Europe, they demanded Paramount exit a key joint distribution venture and can’t partner with Universal for ten years. Meanwhile, in the U.S., a federal judge has paused the deal amid lawsuits from California and 11 other states claiming it’ll crush Hollywood competition. Paramount counters that EU approval proves the merger won’t harm consumers, and it’s already got green lights…
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