The UK government is considering intervention in Paramount Skydance Corporation's proposed $110 billion (£83.11 billion) acquisition of Warner Bros. Discovery over concerns the deal would place some of the country's largest television, streaming and news brands under common ownership.
Culture Secretary Lisa Nandy said on Tuesday she was 'minded' to issue a Public Interest Intervention Notice, which would allow Ofcom and the Competition and Markets Authority to investigate the merger's impact on media plurality and competition before ministers decide whether further regulatory action is needed.
