UK regulator launches probe into BT and Warner Bros merger

The UK’s Competitions and Markets Authority is investigating the proposed joint venture between BT and Warner Bros Discovery, which would to merge their sports content into a new entity.
The deal was announced last month, and would involve BT Sport, which includes Premier League football coverage, and Warner Bros Discovery owned Eurosport UK being brought under a single identity at some undisclosed point in the future.
In terms of how much the deal is worth, the initial announcement stated