Paramount Weighs Kids TV Asset Sales for $110 Billion Warner EU Approval
Updated
Updated · Bloomberg · Jun 6
Paramount Weighs Kids TV Asset Sales for $110 Billion Warner EU Approval
3 articles · Updated · Bloomberg · Jun 6
Summary
$110 billion Paramount Skydance is prepared to divest some children’s TV network assets if needed to secure European Union approval for its bid for Warner Bros. Discovery.
EU scrutiny centers on whether overlaps in kids channels could threaten competition, making those assets the most likely remedy if regulators demand concessions.
Paramount still hopes to avoid any sale, but people familiar with the matter said it is willing to sacrifice kids networks rather than risk derailing the Warner deal.