Paramount Considering Selling Kids Channels to Address EU Concerns Over $110 Billion Warner Bros. Discovery Deal
Paramount Skydance Corp is considering selling children's TV network assets if necessary, in an effort to secure European Union approval for its $110 billion acquisition of Warner Bros. Discovery Inc. The company aims to avoid asset divestitures but remains open to sacrificing kids channels should the EU raise competition concerns.
Topics: EU antitrust media mergers and acquisitions regulation