The Hill
Lisa Nandy, the British secretary of State for Culture, Media and Sport, said Tuesday she may “intervene” in Paramount Skydance’s acquisition of Warner Bros. Discovery.
In a statement, Nandy said she wrote letters to both companies stating she is “minded to intervene” on “public interest grounds,” specifically the need for a “sufficient plurality of views in news media” in U.K. markets and a “sufficient plurality of persons with control of the media enterprise.”
Paramount’s acquisition of Warner Bros., which would result in the likes of CBS, CNN, HBO, TNT and TBS falling under the same umbrella, received approval from the Antitrust Division of the Justice Department (DOJ) earlier this month.
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