The UK culture secretary, Lisa Nandy, intends to ask Britain’s media and competition watchdogs to examine Paramount’s $110bn (£85bn) acquisition of Warner Bros Discovery.

The WBD takeover deal will create a media powerhouse controlling assets ranging from: the Hollywood studios behind franchises including Superman, Batman and Top Gun; the UK’s Channel 5; the news channel CNN; TNT Sports, which broadcasts Champions League, Premier League and the Olympics; and the Paramount+ and HBO Max streaming services.