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The stock now offers a 17% return to the deal price. That’s a really wide spread for a takeover deal, considering the target closing date.

The new Paramount Games Studio will be helmed by Tony Driscoll as president. The studio will roll together Skydance’s existing gaming outfits, Skydance Interactive and Skydance New Media.

By Jody Godoy and Nathan Frandino June 5 (Reuters) - California Attorney General Rob Bonta will soon decide whether to sue to block Paramount's $110 billion acquisition of Warner Bros, he told Reuters

June 5 (Reuters) - California Attorney General Rob Bonta will soon decide whether to sue to block Paramount's $110 billion acquisition of Warner Bros, he told Reuters in an interview, adding that in general he views any corporate promises to address antitrust concerns as better when backed ‌up by potential divestitures. Bonta's office has been reviewing the deal for potential violations of U.

A wild week of firings and fireworks lays bare the challenges Bari Weiss faces in revamping CBS News and its flagship show.

Veteran “60 Minutes” correspondent Scott Pelley was fired by CBS News, a day after taking aim at Editor in Chief Bari Weiss’s leadership during a staff meeting for the show. Executive Producer Nick Bilton sent a note to Pelley on Tuesday night saying he was being terminated for cause, effective immediately, according to a copy of the letter reviewed by The Wall Street Journal. Pelley interrupted Bilton soon after he started reading introductory remarks at the Monday meeting, according to people in attendance.

Nick Bilton was greeted with open hostility from high-profile correspondent Scott Pelley, according to people at the gathering.

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HBO’s ‘House of the Dragon,’ Hulu’s ‘The Bear’ and Apple’s ‘Cape Fear’ will try to compete with the World Cup

Paramount's (PSKY) largest Hollywood gamble is already under pressure. The company’s proposed $110 billion deal for Warner Bros. Discovery (WBD)merges two media powerhouses at a time when traditional entertainment firms are grappling with streaming losses, decreasing cable audiences, and growing ...

The CBS News program installed journalist Nick Bilton in the role and will part ways with current show leader Tanya Simon.

The correspondent had criticized as political a decision by CBS News Editor in Chief Bari Weiss to hold a segment on an El Salvador prison.

(Bloomberg) -- It began as a concession in private conversations to assuage wary credit analysts looking at Paramount Skydance Corp.’s blockbuster takeover of Warner Bros. Discovery Inc.: a verbal pledge by the Ellison family to do whatever it takes to slash debt at the combined company.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia

(Bloomberg) -- Warner Bros. Discovery Inc. tightened pricing on its loan offering on Wednesday, a day after upsizing the deal to around $15 billion, as investor appetite for corporate credit allows borrowers to set favorable terms.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From Kyiv

When the Justice Department settled with Live Nation at the start of a long-awaited antitrust trial, it mounted a pressure campaign against a group of plaintiff states to demand that Republican attorneys general join the truce. Then-Attorney General Pam Bondi warned some of the GOP state officials that the deal was personal to President Trump, according to people familiar with the matter. Following the April jury verdict that found the company engaged in illegal monopolization, the states on Thursday asked a judge to impose sweeping changes on Live Nation, including forcing it to sell off its Ticketmaster subsidiary and some of the amphitheaters where it packs fans for summertime tours.

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Multinational media and entertainment corporation Paramount (NASDAQ:PSKY) is expected to be announcing earnings results this Tuesday before market hours. Here’s what you need to know.

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Moby summary of Warner Music Group Corp.'s Q2 2026 earnings call

A $2.8 billion Netflix termination fee tied to the Paramount Skydance merger drove the quarter's massive net loss

The media and entertainment company’s huge loss came after recording a $2.8 billion termination fee that was triggered when Paramount Skydance beat out Netflix to acquire Warner.