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Paramount ready to sell Universal Pictures JV for Warner deal, source says

Antitrust & CompetitionM&A & RestructuringMedia & EntertainmentRegulation & Legislation

Paramount Skydance is მზად to divest its film distribution joint venture with Universal Pictures to address EU antitrust concerns tied to its proposed $110 billion acquisition of Warner Bros Discovery. The move signals a regulatory concession intended to keep the deal process moving, but it also highlights meaningful competition risk around one of the largest media transactions in the market. The news is negative for deal certainty, though not deal-breaking on its face.

Analysis

Paramount Skydance is მზად to divest its film distribution joint venture with Universal Pictures to address EU antitrust concerns tied to its proposed $110 billion acquisition of Warner Bros Discovery. The move signals a regulatory concession intended to keep the deal process moving, but it also highlights meaningful competition risk around one of the largest media transactions in the market. The news is negative for deal certainty, though not deal-breaking on its face.

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