Paramount-Warner Bros. Deal Cleared in Australia

Australia has cleared the Paramount-Warner Bros. Discovery merger, stating it is unlikely to substantially lessen competition for wholesale theatrical film supply. Paramount announced that competition authorities in New Zealand, Saudi Arabia, Ukraine, Serbia, and North Macedonia also approved the deal. Additionally, foreign direct investment authorities in Germany, Slovenia, Belgium, Czechia, New Zealand, Italy, France, and Romania have granted their approval for the merger involving the David Ellison-run company, marking significant regulatory progress for the mega-merger.