British government may ‘intervene’ in Paramount’s takeover of Warner

The British government suggested Tuesday it may challenge Paramount Skydance’s blockbuster $110 billion takeover of Warner Bros.

The British government suggested Tuesday it may challenge Paramount Skydance’s blockbuster $110 billion takeover of Warner Bros. Discovery, a merger that has drawn scrutiny on both sides of the Atlantic.

Limited time: Save 25% on NBC News subscription

Get exclusive reporting, live Q&As and ad-free reading.

Lisa Nandy, the British culture and media secretary, expressed concerns about concentrating “control” of media assets in the hands of fewer corporate owners.

“Following engagement with the parties and independent research, my department ​has today written to the current and proposed owners of Warner Bros Discovery on ​my behalf to inform them that ⁠I am minded ⁠to intervene,” she said in a statement.