US and European Union lawmakers are intensifying their examination of Skydance’s proposed acquisition of Warner Bros. Discovery. A joint letter to CEO David Ellison warns that the deal faces a rigorous and comprehensive review.
Legislators cautioned that shareholder approval does not guarantee government clearance. The coalition cited potential antitrust issues, including reduced streaming competition and new market entry barriers.
The European Commission and European Parliament will specifically analyze market share, vertical integration, and downstream impacts.