Paramount ready to sell Universal Pictures JV for Warner deal, source says

Posted Thursday, June 25, 2026 11:21 am

Foo Yun Chee | Reuters

BRUSSELS — Paramount Skydance Corp is prepared to divest its film distribution joint venture with Universal Pictures to address EU antitrust concerns about its $110 billion ‌acquisition of Warner Bros Discovery, a person familiar with the matter said on Wednesday.

The offer, which follows a meeting with the European Union's antitrust regulators on Tuesday, will be submitted next Tuesday, the person said.

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Paramount ready to sell Universal Pictures JV for Warner deal, source says

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