Having spoken out against the failed bid by Netflix for Warner Bros. Discovery, Guy - opening a short debate in the House of Lords on the UK's streaming and cinema sector - welcomed its proposed takeover by Paramount Skydance.
He said it would be "good for British consumers, who will continue to benefit from choice in the streaming market, good for our world-class content creators and good for the British cinema industry, which is vital to our high streets."
He argued that "the bid highlighted the importance of intellectual property and the strength of the UK’s copyright regime" and asked the Government Minister - Baroness Twycross - whether she would commit to "protect UK rights holders by ruling out any new copyright exemptions that would allow big tech to scrape UK content with impunity?"
The full text of the debate, including the Minister's equivocal response, is here.
ENDS
