The European Commission approved Paramount-Skydance's roughly $110bn takeover of Warner Bros after the buyer agreed to sell its stake in a European film-distribution joint venture with Universal and to refrain from any film-distribution agreements wi

2026-07-23

The European Commission approved Paramount-Skydance's roughly $110bn takeover of Warner Bros after the buyer agreed to sell its stake in a European film-distribution joint venture with Universal and to refrain from any film-distribution agreements with Universal in Europe for 10 years. The The Commission said the commitments address its competition concerns and ensure the The combined group's films will not be co-distributed with Universal or Disney.