Paramount Skydance has advanced its $110 billion acquisition of Warner Bros. Discovery toward regulatory approval by formally filing for European Union antitrust clearance, a critical step in one of the media industry’s largest mergers.
The company filed with the European Commission on June 2, seeking approval for the proposed takeover. The Commission is expected to issue a preliminary decision by July 7, according to regulatory filings and reports from Reuters and other sources tracking the deal.
This EU filing marks a significant regulatory milestone. Warner Bros. Discovery shareholders already voted overwhelmingly to approve the merger on April 23, clearing a major corporate hurdle. The deal still requires approval from additional regulators, including antitrust authorities in the United States and other jurisdictions, before it can close.
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If approved, the merger would combine two major media and streaming companies. Paramount Skydance has indicated it plans to merge Paramount+ and HBO Max into a single streaming platform as part of the deal’s integration strategy.
Sources
- Reuters — Paramount Skydance’s formal EU antitrust approval filing on June 2, 2026, and European Commission decision timeline
- Bloomberg — Paramount’s formal request for EU approval of the $110 billion Warner Bros. takeover
- NPR — Warner Bros. Discovery shareholders’ approval of the merger on April 23, 2026
- The Guardian — Warner Bros. shareholders voting to approve the $110 billion merger with Paramount Skydance
