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EU OKs Paramount-Warner Bros. Deal With Concessions
The Wall Street Journal21d agoneutral
EU OKs Paramount-Warner Bros. Deal With Concessions

Paramount’s $81 billion bid to buy Warner Bros. Discovery was approved by the European Union on Wednesday after the companies offered concessions. In order to ease regulators’ concerns, Paramount offered commitments including that it would terminate its stake in United International Pictures in the European Economic Area within 13 months from the deal’s closing.

Paramount's Warner deal is suddenly in real trouble
TheStreet22d agoneutral
Paramount's Warner deal is suddenly in real trouble

Most large mergers do not die in a courtroom. They die of exhaustion. The lawyers stay expensive. The financing goes stale. The executives who staked their reputations on the thing start quietly updating their contact lists, and one morning somebody runs the numbers and decides the prize is no ...

Bloomberg23d agoneutral
Paramount-Warner Deal at Risk of Delays That Would Cost Billions

(Bloomberg) -- Paramount Skydance Corp. was on the brink of closing its blockbuster $110 billion takeover of Warner Bros. Discovery Inc. Now the companies are facing a legal hurdle that risks putting the deal on hold for months at a cost that could quickly climb to billions of dollars. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s K

Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request
Associated Press23d agoneutral
Judge says Paramount and Warner must halt merger for at least two weeks, granting states' request

A federal judge on Monday ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court. Twelve states, led by California, sued to block Paramount’s pending buyout of Warner last week— alleging that such a combination would “extinguish competition” in Hollywood and lead to fewer choices for consumers, particularly moviegoers and cable customers across the U.S. The states’ top prosecutors called on Warner and Paramount to not close the transaction until after a court had time to “fully evaluate” their claims.

What the Paramount-WBD merger means for AEW's future: Tony Khan
Yahoo Finance Video24d agoneutralVIDEO
What the Paramount-WBD merger means for AEW's future: Tony Khan

AEW CEO Tony Khan explains to Yahoo Finance Executive Editor Brian Sozzi why Paramount's move to acquire Warner Bros. Discovery could be a major boost for AEW, and how the combined streaming footprint could put AEW in more homes and expand its live-event business.