Front of $110 Billion Paramount-Warner Megamerger -- One That Could Cost Millions
Source: MEDIAite
Jun 30th, 2026, 10:45 am
The British government signaled Tuesday it could intervene in Paramount Skydance’s planned $110 billion takeover of Warner Bros. Discovery, opening a potentially significant and costly new regulatory battle over one of the entertainment industry’s biggest mergers.
British Culture Secretary Lisa Nandy told CNN Tuesday she was “minded to intervene” in the proposed acquisition, citing concerns over the concentration of ownership of major news organizations, though she stressed she has not yet made a final decision.
“Following engagement with the parties and independent research, my Department has today written to the current and proposed owners of Warner Bros Discovery on my behalf to inform them that I am minded to intervene,” Nandy said in a statement to the network.
She added that the government was considering intervention on public interest grounds, including whether the merger would preserve a “sufficient plurality of views in news media” and a “sufficient plurality of persons with control of the media enterprises.” The companies have one week to respond before any next steps are taken.
Read more: https://www.mediaite.com/media/news/uk-threatens-to-throw-new-hurdle-in-front-of-110-billion-paramount-warner-megamerger-one-that-could-cost-millions/
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