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UK ‘minded to’ intervene in Paramount’s $110bn takeover of Warner Bros Discovery

Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competition

The UK culture secretary, Lisa Nandy, intends to ask the British media and competition watchdogs to examine Paramount’s $110bn (£85bn) acquisition of Warner Bros Discovery.

The WBD takeover deal will create a media powerhouse controlling assets including: the Hollywood studios behind franchises including Superman, Batman and Top Gun; the UK’s Channel 5; news channel CNN; TNT Sports, which broadcasts Champions League, Premier League and the Olympics; and the Paramount+ and HBO Max streaming services.

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Jun 30, 2026 Mergers and acquisitions Regulators Ofcom
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UK ‘minded to’ intervene in Paramount’s $110bn takeover of Warner Bros Discovery Mergers and acquisitions Jun 30, 2026 UK ‘minded to’ intervene in Paramount’s $110bn takeover of Warner Bros Discovery Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competitionThe UK culture secretary, Lisa Nandy, intends to ask the British media and compet...
UK ‘minded to’ intervene in Paramount’s $110bn takeover of Warner Bros Discovery

Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competitionThe UK culture secretary, Lisa Nandy, intends to ask the British media and compet...

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