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The deal would combine Warner Bros. Discovery’s studios, cable networks and streaming assets with Paramount’s film, TV and streaming businesses.
An investigation by the U.S. Justice Department into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers. The agency said Friday that it closed its probe into the deal, with regulators at its antitrust division concluding that the impact of the merger “will be to increase competition across the media and entertainment ecosystem, with benefits for American consumers and workers.” David Ellison’s Paramount Skydance reached a deal to acquire Warner Bros. Discovery in late February.
The Justice Department has cleared Paramount $81 billion purchase of Warner Bros. Discovery removing one hurdle for the entertainment companies’ megadeal. The department’s antitrust division said Friday that the merger would likely improve competition “across the media and entertainment ecosystem, with benefits for American consumers and workers.” The combination of Paramount and Warner stands to reshape the entertainment industry by putting two legacy movie and TV studios, as well as multiple news outlets, streaming platforms and cable networks under one roof.
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood.
The unconditional clearance removes the primary federal regulatory hurdle standing between the two media giants and what would be one of the largest media combinations in history. Politico's report was corroborated by Newsmax and Quiver Quantitative, each also citing people familiar with the matter, though an official DOJ press release had not been published as of this writing.
The US Justice Department on Friday cleared Paramount Skydance's $111 billion takeover of Warner Bros.A group of Democratic senators led by Elizabeth Warren had warned that a Warner Bros. deal risked being "tainted by political favoritism and corruption," urging the Justice Department to review it on the law and facts.
The Justice Department has approved Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as expected.
(Bloomberg) -- The US Justice Department has closed its antitrust probe into Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., according to people familiar with the decision.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulSpaceX Shares Close 19% Higher After Historic $75 Billion IPOTrump Insists Iran Deal Is Close
Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. Media and entertainment giant Warner Bros. Discovery, Inc. (NASDAQ:WBD) has been in the news for months due to Paramount Skydance’s acquisition attempt. Its shares are up by 177% over the past year and down by […]
The Trade Desk (NasdaqGM:TTD) has appointed David Haddad, a former Warner Bros. and Activision Blizzard executive, to its board of directors. Haddad brings over 30 years of media and gaming experience as the company adjusts to competitive pressures and recent executive turnover. The Trade Desk, a demand-side digital advertising platform, sits at the intersection of media buying, data, and programmatic ad technology. As advertisers weigh how to reach audiences across streaming, gaming, and...
European Regulators Assess Foreign Funding in Proposed AcquisitionParamount Skydance Corp (NASDAQ:PSKY) has begun the process of securing European Union approval for its proposed acquisition of Warner Bros Discovery (NASDAQ:WBD), with regulators set to examine the transaction under the bloc’s foreign subsidies framework. According to a filing with the European Commission, the U.
Warner Bros. Discovery (WBD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The CMA has set Aug. 7, 2026, as the deadline for its initial review of the deal, when it will decide whether the proposed merger of PSKY and WBD raises competition concerns.
Investing.com -- Britain's Competition and Markets Authority has launched an investigation into Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.
Hollywood employees and industry representatives in Los Angeles held public meetings over the weeken
Investing.com -- Hollywood workers and union representatives rallied in Los Angeles on Saturday against Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery, Reuters reported.
Recent performance snapshot Warner Bros. Discovery (WBD) has drawn investor attention after a period of mixed share performance, with the stock down about 3% over the past month and roughly 6% over the past 3 months, but showing a 167% total return over the past year. See our latest analysis for Warner Bros. Discovery. With the share price down over the past week and quarter, but the 1 year total shareholder return at about 167%, recent weakness looks more like a pause after a strong rebound...
Investing.com -- Paramount Skydance Corp (NASDAQ:PSKY) is prepared to divest some of its children’s television network assets in an effort to secure European Union approval for its $110 billion acquisition of Warner Bros Discovery Inc (NASDAQ:WBD). The media conglomerate is hoping to avoid any asset sales but remains open to sacrificing specific kids channels if European regulators flag antitrust concerns, according to reporting from Bloomberg, citing people familiar with the matter.
Shareholder approval moved the deal forward, but antitrust scrutiny now puts the focus on whether regulators seek divestitures or conditions that could affect the timing and economics of the transaction.
(Updates with Paramount's response in the third and fourth paragraphs.) A group of US states is p
It was not immediately clear which states would bring the lawsuit, Reuters reported, citing sources familiar with the matter.
Warner Bros. Discovery (WBD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Then there’s the real world—the one where readers and viewers lap up celebrity updates, clickbait headlines, and bleed-and-lead news segments. The weekly CBS newsmagazine made its bones with its investigative journalism, delving into how the tobacco industry manipulated nicotine levels, or revealing fatal flaws in the U.S. military’s MV-22 Osprey aircraft. It turns out that people will tune into investigative stories, if you make them compelling and relevant enough.
With major indexes pushing fresh highs, large-cap media stocks under $30 stand out as one of the last corners of the market where contrarian value still hides in plain sight. Wall Street has spent two years pricing legacy TV operators for terminal decline, but the cash flow statements keep telling a very different story. For ... This Cash-Generating Media Juggernaut Is a “No-Brainer” Buy Under $30
Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Paramount Skydance (PSKY) stretched itself thin in its $110B takeover bid for Warner Bros. Discovery (WBD) and now the companies’ bankers are preparing to bring the $50B debt sale for the buyout to market, Aaron Weinman and Davide Barbuscia of Bloomberg reports.Claim 55% Off TipRanksUnlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. Discover high-conviction stock picks and new investing opportunities with
(Bloomberg) -- Paramount Skydance Corp. stretched, then stretched, then stretched again in its audacious $110 billion takeover bid for Warner Bros. Discovery Inc.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarSingapore Hands Byju's Founder His First Ever Jail TermNow the companies
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