Warner Bros Discovery (WBD) Chief Revenue Officer says it signed agreement with Paramount (PSKY) as of this morning
Importance
Level 1
- PSKY expected to easily secure EU nod for WBD deal.
- PSKY likely to seek EU antitrust approval in coming months.
- PSKY aiming for unconditional EU green light, ready to offer minor divestments if required.
#EQUITIES#US SESSION#MOVIES & ENTERTAINMENT#ENTERTAINMENT#MEDIA & ENTERTAINMENT#S&P 500 INDEX#NASDAQ 100 INDEX#WARNER BROS DISCOVERY INC#WBD#US EQUITIES