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The European Commission said the approval was conditional “upon full compliance with the commitments offered by Paramount."
Paramount is planning to integrate bite-sized micro dramas into its app. David Ellison's company has already added a short-form video feed.
EUROPEAN COMMISSION APPROVES PARAMOUNT SKYDANCE CORPORATION ACQUISITION OF WARNER BROS. DISCOVERY MARKING MAJOR MILESTONE TOWARDS COMPLETION
LOS ANGELES and NEW YORK, July 22, 2026 /PRNewswire/ -- The European Commission has today formally cleared the acquisition of Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD") by Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount"), representing a major milestone in completing the transaction in line with the publicly stated timeline.
This is a developing story.
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
EU antitrust regulators approved on Wednesday Paramount Skydance Corp's $110 billion acquisition of Warner Bros Discovery on condition Paramount ditch its film distribution joint venture with Universal Pictures.
Concessions that include refusing certain theater distribution agreements helped ease regulators' concerns.
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