Paramount sells assets for Warner deal

Paramount Sky Dance is working on submitting a new concession to ensure the obstacles facing its $110 billion acquisition deal for Warner Bros. Discovery are overcome, following a meeting with European regulators. The potential concessions include abandoning the joint film distribution project with Universal Pictures amid concerns about competition in the film distribution market, while the U.S. Department of Justice has approved the deal, and the United States is preparing to file a lawsuit to block it.

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