EU Kicks Off Probe of Paramount’s $24 Billion in Middle Eastern Fundi… | HappeningNow.news

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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 AI Summary Updated June 10, 2026
Story intelligence Beta
Freshness Stale Updated June 10, 2026
Confidence Limited Single-outlet story
Coverage Single outlet
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Read time 1 min ~48 words

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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