As Paramount Bids To Get Warner Deal Past UK Regulators, It’s Also Pleading With Ministers To Reform Tax Breaks

Paramount has two asks for British authorities: Approve the Warner Bros. Discovery mega-merger and slash UK tax break thresholds. The latter request was on the agenda at the Creative Cities Convention in Liverpool on Wednesday, where Paul Testar, a drama commissioner at Paramount-owned network 5, appealed to the government to reform high-end TV tax incentives. […]