EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
Summary
EU competition regulators approved the proposed Paramount and Warner Bros. Discovery merger, removing a major regulatory hurdle in Europe. The deal still faces opposition in the U.S., where a group of states is challenging it.
Why it matters
Regulatory clearance in the EU narrows uncertainty, but U.S. state action can still reshape or delay consolidation in a fragile media market.