EU Kicks Off Probe of Paramount’s $24 Billion in Middle Eastern Fundi… | HappeningNow.news
Published Date: June 10, 2026

Entertainment

EU Kicks Off Probe of Paramount’s $24 Billion in Middle Eastern Funding for Warner Bros. Deal

The European Union’s regulatory arm is investigating Paramount Skydance’s proposed Warner Bros.

Source Variety Updated 1h 45m ago AI Summary

AI Summary

The European Union’s regulatory arm is investigating Paramount Skydance’s proposed Warner Bros. Discovery megamerger over the financial backing of three Middle Eastern sovereign wealth funds. The European Commission is investigating the $111 billion Paramount-WBD deal under the EU’s Foreign Subsidies Regulation, looking at the approximately $24 billion bein…

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