Paramount expected to easily secure EU nod for Warner Bros deal

Paramount Skydance PSKY.O is expected to easily gain European Union antitrust approval to buy Warner Bros DiscoveryWBD.O while divestments, if required to address regulatory concerns, will likely be minor, two people with direct knowledge of the matter said on Friday.

Unlike Netflix’s NFLX.O aborted bid, Paramount’s offer faces fewer regulatory hurdles because a combined Paramount and Warner Bros has a market share of below 20% in all markets across Europe, the people said. They spoke...