Paramount-Warner Merger Nears Final EU Approval in Brussels

The $111 billion media consolidation faces its last major regulatory hurdle as European officials prepare a decision on the landmark deal.

By Handelsavisen Newsroom · Automated 2026-06-24 13:10 UTC · 1 min read

Paramount Global’s proposed $111 billion acquisition of Warner Bros.

Discovery is poised for final approval by European Union regulators, marking the removal of the last significant obstacle to the media industry’s largest merger.

The European Commission in Brussels is preparing to clear the transaction, following months of intense scrutiny into the combined entity’s market power and financial structure.

The deal, which would create a dominant force in global entertainment and streaming, has faced prolonged regulatory review.

Earlier this year, the European Commission launched a formal investigation into the financial architecture of the acquisition, probing concerns over debt levels and competitive impact.

The anticipated clearance signals that regulators have likely resolved these issues, potentially through remedies or assurances provided by the companies.