The U.K.’s decision to clear Paramount Skydance’s $111 ⁠billion proposed acquisition of Warner Bros. “We welcome today’s decision from the U.K.’s Competition and Markets Authority to approve Paramount Skydance’s proposed acquisition of Warner Bros. “We believe the industry will be stronger with Paramount and Warner Bros. “When it comes to competition, Paramount’s not very big, and OK, they’re going to own Warner Bros. “I don’t think it’s around Warner Bros. and Paramount having too much power in the U.K.