Lisa Nandy, the British culture secretary, has decided to allow the merger, despite previously saying she was "minded" to look at the deal in more detail. The Competition and Markets Authority (CMA) has also cleared the deal.
The UK’s Department for Digital, Culture, Media and Sport, meanwhile, said in a statement that Paramount made various pledges in a "deed of undertaking", including that it would "maintain the distinct editorial identities of key services and the editorial independence of news".
Meanwhile, Paramount's children’s channels, including Nickelodeon and Cartoon Network, will remain editorially distinct and continue to commission and acquire original UK children's content.
It went on to say: "The Secretary of State believes it is of the utmost importance to protect plurality, diversity and distinct British voices across our wider creative industries, including film, and shares the concerns about the impact consolidation could have on the UK’s creative industries."
"These clearances recognise that the combination of Paramount and WBD will enhance consumer choice and enable a creative-first company to invest in more projects and bring stories to audiences worldwide."
The California-led antitrust lawsuit and Writers Guild of America challenge now stand as the final major hurdles to the merger, with a trial set to begin in March 2027.
Check out more of our Drama coverage or visit our TV Guide and Streaming Guide to find out what's on. For more TV recommendations and reviews, listen to The Radio Times Podcast.
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