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    <title>Aaj TV English News - Life &amp; Style</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 01 Jul 2026 17:37:01 +0500</pubDate>
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      <title>Paramount offers remedies for Warner deal, making EU approval likely</title>
      <link>https://english.aaj.tv/news/330461759/paramount-offers-remedies-for-warner-deal-making-eu-approval-likely</link>
      <description>&lt;p&gt;&lt;strong&gt;Paramount Skydance Corp has offered remedies to address EU ​competition concerns about its $110 billion acquisition of ‌Warner Bros Discovery, a regulatory filing showed on Wednesday, in a move which a source told Reuters last week was ​likely to gain European Commission approval for ​the deal.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Paramount said it was “confident that this remedy ⁠directly and comprehensively addresses any concerns expressed in ​the European Commission’s preliminary assessment and supports the path ​for timely clearance”.&lt;/p&gt;
&lt;p&gt;The Commission, which acts as EU competition enforcer, did not provide details of the remedies, in line with ​its policy.&lt;/p&gt;
&lt;p&gt;A person with direct knowledge of the ​matter told Reuters last week that Paramount would propose ditching its film ‌distribution ⁠joint venture with Universal Pictures to allay antitrust concerns voiced by European cinema operators.&lt;/p&gt;
&lt;p&gt;The Commission extended its deadline for its decision to July 22 from July ​7 to ​give it ⁠time to assess the remedy.&lt;/p&gt;
&lt;p&gt;The US Department of Justice has cleared the deal ​, but Paramount could face a hurdle as ​California, ⁠New York and other US states are preparing a lawsuit to block it, sources have told Reuters.&lt;/p&gt;
&lt;p&gt;Britain said ⁠on Tuesday it may intervene in the deal ​because of the potential impact on news, children’s television and streaming ​services.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Paramount Skydance Corp has offered remedies to address EU ​competition concerns about its $110 billion acquisition of ‌Warner Bros Discovery, a regulatory filing showed on Wednesday, in a move which a source told Reuters last week was ​likely to gain European Commission approval for ​the deal.</strong></p>
<p>Paramount said it was “confident that this remedy ⁠directly and comprehensively addresses any concerns expressed in ​the European Commission’s preliminary assessment and supports the path ​for timely clearance”.</p>
<p>The Commission, which acts as EU competition enforcer, did not provide details of the remedies, in line with ​its policy.</p>
<p>A person with direct knowledge of the ​matter told Reuters last week that Paramount would propose ditching its film ‌distribution ⁠joint venture with Universal Pictures to allay antitrust concerns voiced by European cinema operators.</p>
<p>The Commission extended its deadline for its decision to July 22 from July ​7 to ​give it ⁠time to assess the remedy.</p>
<p>The US Department of Justice has cleared the deal ​, but Paramount could face a hurdle as ​California, ⁠New York and other US states are preparing a lawsuit to block it, sources have told Reuters.</p>
<p>Britain said ⁠on Tuesday it may intervene in the deal ​because of the potential impact on news, children’s television and streaming ​services.</p>
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      <category>Life &amp; Style</category>
      <guid>https://english.aaj.tv/news/330461759</guid>
      <pubDate>Wed, 01 Jul 2026 14:44:39 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>A general view of Paramount Pictures Studios and its iconic water tower in Los Angeles, California, US. -- Reuters</media:title>
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