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UK OKs $110 B Paramount-WBD Merger, Mandates Channel 5 Funding

8/6/2026

Summary

Story summary

UK regulators approved the $110 billion Paramount-Warner Bros. Discovery merger.
The Competition and Markets Authority said competition still exists from Universal, Disney, Sony and Netflix.
Lisa Nandy secured a deed requiring Paramount to keep linear channels separate, to keep news and children’s content editorially independent and to fund Channel 5.
The deal cleared 66 jurisdictions, including the U.S. Department of Justice, European Commission, and regulators in Australia, Canada and China.

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Story summary

UK regulators approved the $110 billion Paramount-Warner Bros. Discovery merger.
The Competition and Markets Authority said competition still exists from Universal, Disney, Sony and Netflix.
Lisa Nandy secured a deed requiring Paramount to keep linear channels separate, to keep news and children’s content editorially independent and to fund Channel 5.
The deal cleared 66 jurisdictions, including the U.S. Department of Justice, European Commission, and regulators in Australia, Canada and China.