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Paramount Skydance wants WBD

Does CBS get sold with the linear cable channels (sooner or late)? Comcast NBC when they spun off the cable channels? Do the Ellisons care about sports beyond UFC?
 
www.hollywoodreporter.com

U.K. Government Likely to Intervene in Paramount’s Warner Bros. Discovery Takeover

U.K. Secretary of State for Culture, Media and Sport Lisa Nandy cited concerns around the plurality of views in news media, and consolidation in on-demand programming.
www.hollywoodreporter.com www.hollywoodreporter.com


Here is more this time on how the UK responds to the proposed merger between WB and Paramount. Yes this follows a similar statement we seen with state attorney generals that have concerns with WB paramount deal.

The U.K. government is likely to intervene in Paramount Skydance‘s $111 billion takeover of Warner Bros. Discovery.

U.K. Secretary of State for Culture, Media and Sport Lisa Nandy released a statement Tuesday saying that “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.”

She also cited “the need for, to the extent that it is reasonable and practicable, a sufficient plurality of views in news media in each market for news media.”

Nandy said that the companies have until July 6 to respond to their concerns, and that they have not made a final decision as to whether the government will seek legal action.
Click to expand...
 
Y2kTheNewOldies said:
www.hollywoodreporter.com

U.K. Government Likely to Intervene in Paramount’s Warner Bros. Discovery Takeover

U.K. Secretary of State for Culture, Media and Sport Lisa Nandy cited concerns around the plurality of views in news media, and consolidation in on-demand programming.
www.hollywoodreporter.com www.hollywoodreporter.com


Here is more this time on how the UK responds to the proposed merger between WB and Paramount. Yes this follows a similar statement we seen with state attorney generals that have concerns with WB paramount deal.
Click to expand...
I don't know how much UK intervention might move the needle. Certainly both WBD and Paramount do business there, but I'm not sure they wouldn't be willing to discontinue certain operations to avoid any hang ups.
 


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