ProSiebenSat.1 Media SE (XTRA:PSM) agreed to acquire remaining 50% stake in Joyn GmbH from Warner Bros. Discovery, Inc. (NasdaqGS:WBD) on September 13, 2022. The transaction is subject to necessary regulatory approval.

Antitrust clearance is expected from October 1, 2022. Isaschar Nicolaysen, Benjamin Parameswaran, Justus Herrlinger and Raimund Behnes of DLA Piper has advised Warner Bros. Discovery on the agreement.

The in-house team at Warner Bros. Discovery consisted of Stephanie Struppler, Julian Pitcher and Daniel.