EU approves Paramount's $81 billion Warner Bros. mega merger deal with conditions

Wait 5 sec.

The European Union approved Paramount's Warner Bros. Discovery takeover with specific distribution conditions. This approval clears a major regulatory hurdle for the significant media merger. However, a US federal judge has temporarily halted the transaction for two weeks. This pause stems from a lawsuit filed by eleven US states seeking to block the deal. Paramount has received other international regulatory clearances while facing ongoing US legal challenges.