Paramount Skydances proposed $110 billion acquisition of Warner Bros Discovery is reportedly moving closer to approval from the European Union, after the company indicated it is willing to address regulatory concerns around film distribution.

The Paramount-Warner Bros. merger is set to clear its hurdle with the European Union regulator, according to the Financial Times.

Paramount Skydances proposed $110 billion acquisition of Warner Bros Discovery is reportedly moving closer to approval from the European Union, after the company indicated it is…