London —
The British government said on Tuesday that it is likely to challenge Paramount Skydance’s takeover of Warner Bros. Discovery, potentially complicating the finalization of the $110 billion merger.
The British culture minister Lisa Nandy said in a statement that she was “minded to intervene” in Paramount’s quest to acquire CNN, HBO, the Warner Bros. movie studio and other Warner Bros. Discovery assets, citing concerns about its potential impact on media diversity.
“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,” Nandy said in a statement.
In the UK, the term “minded to” is used by government officials to announce they will make a move before taking the legal steps to do so.
