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Euronews
Euronews
Greta Ruffino

EU gives conditional green light to Paramount's Warner Bros. Discovery deal

The European Union on Wednesday conditionally approved Paramount Skydance’s $110 billion (€94 billion) takeover of Warner Bros. Discovery.

Citing concerns over the deal's impact on film distribution in Europe, Brussels said Paramount must terminate its stake in United International Pictures, a joint venture with Universal, in the European Economic Area (EEA), which includes the EU's 27 member states.

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