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Media Mergers Update

30 June 2026

Proposing MP
Wigan
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport

At a Glance

Issue Summary

The statement addresses potential public interest concerns regarding Paramount's acquisition of Warner Bros Discovery.

Action Requested

The minister is minded to intervene based on plurality grounds and may introduce new legislation to address streaming or video-on-demand services impact. The parties have until 6 July to respond with further representations.

Key Facts

  • The acquisition value is $110 billion (£83 billion).
  • Public interest grounds include a sufficient plurality of views in news media.
  • Section 58 of the Enterprise Act may be updated to consider on-demand viewing impact.
  • Parties have until 6 July to respond with further representations.
Assessment & feedback
Summary accuracy