Event Brief
EU clears Paramount’s Warner Bros. Discovery purchase
Filed: Jul 22, 2026 at 4:00 PM ET
Summary: The EU approved Paramount’s plan to buy Warner Bros. Discovery in Europe if Paramount ends its distribution business with Universal.
WHO: European Union
WHAT: EU approval for Paramount to purchase Warner Bros. Discovery in Europe, conditional on ending its distribution business with Universal.
WHEN: Jul 22, 2026 at 3:41 PM ET
WHERE: European Union
WHY: The EU approved the acquisition on the condition that Paramount ends its distribution business with Universal.
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