Paramount has submitted a package of concessions to EU regulators in a bid to get its planned acquisition of Warner Bros. Discovery approved, making this a major move in one of the media industry’s biggest deals. The proposed merger has faced intense regulatory scrutiny over its potential impact on competition in television, film, and streaming services. EU officials are reviewing remedies offered by Paramount, and the result could have a big effect on the fate of the blockbuster transaction. 

The latest filing marks a significant milestone in Paramount's effort to secure regulatory clearance. 

Paramount has offered a package of concessions to the European Commission in an effort to gain regulatory approval for its proposed $111 billion takeover of Warner Bros. Discovery. The filing is a major step in the approval process. The company is confident that its proposed remedies address the Commission's competition concerns.

The European Commission confirmed that it has received Paramount’s filing proposing the concessions (via Deadline). The Ellison family-owned company believes the commitments will help secure approval and clear one of the last regulatory hurdles for the $111 billion merger. Post-submission, the European Commission has extended the deadline of its provisional decision from July 7 to July 22, while it considers the proposed remedies. 

“It was confident that this remedy ⁠directly and comprehensively addresses any concerns expressed in ​the European Commission’s preliminary assessment and support the path ​for timely clearance,” Paramount said in a statement, believing the concessions fully address the EU's concerns and will help secure timely approval for the merger. 

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The proposed acquisition is one of the biggest media mergers in recent history. 

Paramount Skydance’s bid for Warner Bros. Discovery came in February 2026, beating Netflix out of a high-profile takeover battle with the proposed deal valued at $110 billion. The merger, if it happened, would combine major entertainment brands, including Paramount Pictures, CBS, HBO, CNN, DC Studios, Warner Bros. Pictures, and the streaming services Paramount+ and HBO Max under one company. If approved, the deal would reshape the global entertainment landscape.

The deal has already been cleared by the U.S. Department of Justice but is still being reviewed by regulators in Europe and the United Kingdom, who are worried about competition and media plurality. Paramount has made concessions to the European Commission to ease antitrust concerns, and UK authorities are considering whether the deal is in the public interest. The reviews will decide if one of Hollywood’s biggest mergers can go through.

Paramount’s latest concessions are a big step toward getting European approval for its proposed acquisition of Warner Bros. Discovery, but the deal still faces key regulatory hurdles before it can move forward. The result will decide whether one of the biggest media mergers in recent history can go ahead, with reviews still ongoing in the EU and the UK. The fate of the $111 billion transaction is still up in the air until regulators make their final decision. The coming weeks are likely to determine whether the blockbuster merger becomes a reality.

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Will Paramount's concessions be enough to secure EU approval, or could regulators still stand in the way of the Warner Bros. Discovery deal? Let us know in the comments.