The European Commission has cleared the proposed acquisition deal between Skydance Media and Warner Bros. Discovery.

The entities involved

• Warner Bros. Discovery →

  American mass media and entertainment conglomerate

  • Ellison is preparing to take control of CNN, while Paramount completes the acquisition of Warner Bros. Discovery, and Trump hosts Xi Jinping.Mon 17:21
  • Miral, chaired by Mohamed Khalifa Al Mubarak, is developing immersive destinations for Warner Bros. World Abu Dhabi.Mon 07:51
• Skydance Media →

  American production company based in Santa Monica, California

  • Skydance Media made a $110 billion offer for Warner Bros. Discovery, with the deal's viability tied to Oracle stock performance.Sat 21:57
  • Satirical work involving creator Matt Stone references tech giants while being linked to his base in Colorado.Fri 23:33

Related events

• An antitrust lawsuit has blocked acquisition talks between Warner Bros. Discovery and Paramount in California.Sep 20
• SAG-AFTRA is demanding production guarantees from the combined company and is actively opposing the Paramount-Warner Bros. merger.Jul 27
• Under the ongoing acquisition process, a consent decree has been put in place that limits production commitments for the companies involved.Sep 21
• The merger between Warner Bros. Discovery and Skydance is moving forward with the $111 billion acquisition, prompting the companies to seek production locations outside of high-cost California.Sep 22
• Paramount is seeking to acquire Warner Bros. Discovery, a major corporate merger that will increase concentration in the media industry.Jun 15