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A resolution would allow David Ellison's $111-billion takeover of Warner Bros. Discovery to finalize

Paramount Skydance and Warner Bros. Discovery long-awaited merger has been at a standstill. Barclays analysts led by Kannan Venkateshwar resumed coverage of both stocks, rating Warner Bros at Equal Weight with a $28 price target and Paramount at Underweight with a $8 price target. Venkateshwar said in a research note Thursday that while the proposed $110 billion merger could increase growth potential for the studios, it could introduce massive financial and operational risks that make the stock hard to value, and “a moving target.”

California's attorney general is demanding more "structural concessions" on Paramount Skydance's (PSKY) mega-merger with media competitor Warner Bros. Discovery (WBD). The Morning Brief's Jake Conley sits down with Barron's senior markets analysis writer Paul La Monica and Infrastructure Capital Advisors CEO Jay Hatfield to talk about the debt weighing on this acquisition and what it could mean for Warner Bros. assets if regulators allow it to go through.

(Updates with additional details in the fourth and fifth paragraphs.) Paramount Skydance (PSKY) h

The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders

Paramount wants the states that are suing over the Warner Bros. Discovery deal to post a $1.9 billion bond. The states are scoffing at the idea.

On-location productions in Los Angeles held just 4,711 shoot days in Q2, according to industry group FilmLA, down 13% year-over-year.

Anna Cooban reports on the British government’s decision to clear Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery due to assurances on media diversity from the company.

(Update with Paramount's statement in the penultimate paragraph.) The UK's Competition and Market

The March start date means Paramount will owe more than $1 billion in daily penalties before a judge ever rules on the deal

Paramount CEO David Ellison said Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros.Ellison's Paramount Skydance agreed late last month to delay its $110 billion merger with Warner Bros.

David Ellison insists his blockbuster media merger is still on track, but a legal standoff with a coalition of state attorneys general is about to flip an abstract delay into a very concrete and very expensive problem.

Paramount Skydance has agreed to a deal that could stretch completion of its merger to June 2027. The companies are stuck in limbo until then, given that WBD agreed in principle for the deal.

Warner Bros. Discovery stock Monday hit its lowest point since the company’s merger with Paramount Skydance was reached in February as Wall Street appears to be putting little more than a 50% chance that the deal will get done. Warner Bros. stock dropped 1.8% Monday to $25.28, ending about 18% below the $31-a-share cash offer from Paramount, whose stock also declined Monday. Warner Bros. stock had been trading around $27 in June.

Morningstar analyst views potential $2 billion costs as manageable.

Paramount Skydance has formally agreed to delay its acquisition of Warner Bros. Discovery until at least June 2027.

Paramount Skydance on Friday said it would delay the deal until as late as June 2027.

Paramount Skydance agreed on Friday to delay its $110 billion merger with Warner Bros.Paramount agreed to delay the deal through June 2027, the company said in a court filing on Friday.

Paramount Skydance agreed to postpone closing its merger with Warner Bros. Discovery until five days after a state antitrust case opposing the deal is resolved or until June 2027, when its merger agreement expires.

Paramount Skydance has agreed to freeze its merger with rival entertainment conglomerate Warner Bros.

The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.

Last week, a coalition of 12 attorneys general filed a lawsuit that challenges the $110 billion acquisition, arguing that the deal.

A 14-day restraining order halts a deal that would combine two of Hollywood's five major film studios and cable programmers

By Jody Godoy and Dawn Chmielewski July 20 (Reuters) - A coalition of states led by California won a pause of Paramount's $110 billion acquisition of Warner Bros.

A coalition of 12 U. S. states has launched an antitrust challenge against the proposed $110 billion merger between Paramount Skydance and Warner Bros.

New lawsuit joins states' challenge, raising uncertainty around the proposed media merger's closing timeline.

A 12-state antitrust lawsuit threatens to delay Paramount Skydance's $110 billion merger with Warner Bros. Discovery, exposing both companies' weak balance sheets to costly penalty deadlines.

Paramount’s merger with Warner Bros. faces antitrust lawsuits, putting $30B in investment and 100M SF in limbo.

Led by California, the states argue the deal is anticompetitive, would harm theaters and lead to price increases for TV bundles.

Twelve US states have sued to block Paramount from acquiring Warner Bros. Discovery in a $110bn deal. The states argued cinemas and moviegoers could face higher prices if the merger goes ahead, as Paramount and Warner Bros. currently compete for the best release dates and screens at thousands of cinemas across the US. The lawsuit represents a significant obstacle for the deal, which is seen as one of the biggest media mergers in history.