EU Antitrust Regulators Clear Paramount's $110B Acquisition Of Warner Bros; Paramount To Ditch Its Stake In Film Distribution Joint Venture With United International Picture In Europe; Paramount Will Not Enter Into Any Film Distribution Deal With Universal For 10 Years In Europe; Paramount Will Not Transfer Distribution Of Warner's Films To Its Own Theatrical Distributor
- Reuters
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Why It Matters
Paramount got permission to buy Warner Bros, but has to follow special rules in Europe—like not making deals with Universal for 10 years. This shows regulators want to make sure the deal doesn't hurt movie fans by reducing choices.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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