a Paramount-Warner Bros. Discovery Merger Makes Sense
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Paramount will exit its United International Pictures distribution joint venture with Universal as a condition for EU approval of its $111 billion takeover of Warner Bros. Discovery. The move is in
European regulators signed off on Paramount's proposed acquisition of Warner Bros. Discovery.
Paramount Skydance will pull out of United International Pictures, its international distribution joint venture with Universal, to allay antitrust concerns voiced by European cinema operators.
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Paramount To Divest Universal Pictures JV As It Pushes $110B Warner Bros Deal Forward: Report
Paramount Skydance Corp. is ready to sell its film distribution joint venture with Universal Pictures to address European Union antitrust concerns regarding its massive merger with Warner Bros. Discovery.
BRUSSELS, June 24 (Reuters) - Paramount Skydance Corp (PSKY.O), opens new tab is prepared to divest its film distribution joint venture with Universal Pictures to address EU antitrust concerns about its $110 billion acquisition of Warner Bros ...