Paramount-Warner Merger: Concerns Mount
Paramount Skydance’s acquisition of Warner Bros. Discovery is beginning to raise concerns on both sides of the Atlantic: while several European organizations are calling for a thorough review of the deal in a letter we are publishing, U.S. senators are also demanding greater scrutiny of issues related to sovereignty and foreign control. Paramount Skydance Corporation’s acquisition of Warner Bros. Discovery is beginning to stir growing controversy in Europe and the United States. As the deal moves forward rapidly, several European audiovisual stakeholders are now calling for a thorough review of its impact on cultural diversity, independent production, and media pluralism, while a group of U.S. Democratic senators is concerned about the foreign investments… involved in the deal. Timeline Events have unfolded rapidly since April, and the deal is now confirmed.…