WIRE — European regulators have cleared Paramount Skydances $110bn (£85bn) takeover of Warner Bros Discovery – though the mega-merger still faces a legal obstacle in the US. The European Commission gave its green light after Paramount agreed to end a major film distribution partnership with Universal Pictures in Europe. Paramount will break off the deal within 13 [...] The post EU clears $110bn Paramount and Warner Bros merger, but it remains on hold in US appeared first on Kahawatungu.
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