
A resolution would allow David Ellison's $111-billion takeover of Warner Bros. Discovery to finalize
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.

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.”
Barclays sees streaming and studio growth potential in the Paramount-Warner deal but flags execution, deleveraging, and potential restructuring challenges as legal hurdles remain.

Beginning Oct. 14, the two sides will try to reach a deal that will allow the massive merger to advance.

A 'leaked' study paints a grim picture for L.A. if Paramount fails to merge with Warner Bros. Here's why you shouldn't trust it.
According to a report by The New York Times, California Attorney General Rob Bonta canceled Monday’s settlement meeting with Paramount over its proposed WBD acquisition.

Attorney General Rob Bonta accused Paramount of leaking and misrepresenting details of a Friday meeting between the two sides
(Updates with additional details in the fourth and fifth paragraphs.) Paramount Skydance (PSKY) h

California Attorney General Rob Bonta canceled Monday’s planned settlement meeting with Paramount Skydance (Paramount Skydance Corp (NASDAQ:PSKY) over the company’s proposed acquisition of Warner Bros. Discovery, accusing Paramount of acting in bad faith. According to a report in The New York...

Paramount CEO David Ellison and California AG Rob Bonta will discuss concessions Monday as California seeks structural remedies to clear the $110 billion Warner Bros. Discovery merger.

Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.
Bonta says the group seeking to block the deal remains open to settlement talks but wants Paramount to address the antitrust concerns at the center of their lawsuit.

Paramount's merger with Warner Bros. Discovery could lead to massive job losses, battering an already fragile L.A. entertainment economy.

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 Skydance is demanding California and other US states suing to block its merger with Warner Bros. put up $1.9 billion to cover fees the company will have to pay if the deal gets delayed, according to a lawsuit filed Monday.If a judge approves the move at a hearing on Wednesday, California and the other 11 states, as well as the Writers' Guild of America, which is also suing to block the merger, would be on the hook for the cash if their legal action fails.

By David Shepardson WASHINGTON, Aug 17 (Reuters) - Paramount Skydance on Monday asked a U.S. judge to require a dozen states challenging its acquisition of Warner Bros Discovery to post a $1.88

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.

Paramount Skydance (NasdaqGS:PSKY) extended the expiration dates of its previously announced exchange and tender offers to align more closely with its proposed acquisition of Warner Bros. Discovery. The updated timing is intended to keep the offers synchronized with the broader transaction process for the planned Warner Bros. Discovery deal. The move indicates that Paramount Skydance is continuing to prepare for a significant consolidation step in the media and entertainment industry. This...

Paramount Skydance on Monday asked the court presiding over the two lawsuits filed to block its merger with Warner Bros. Discovery to order plaintiffs to cover the losses of its merger delay.
Paramount Skydance is seeking a $1.88-billion bond to cover losses from the antitrust lawsuit that delayed its $110 billion acquisition of Warner Bros. Discovery.

On Wednesday, Mark Ruffalo criticized Paramount Skydance Corp CEO David Ellison’s proposed Warner Bros. Discovery, Inc. takeover, throwing his support behind California Attorney General Rob Bonta as the $110 billion deal faces mounting pressure. Ruffalo Backs Bonta In Paramount-Warner Bros....
Paramount Skydance CEO David Ellison is urging California and the attorneys general of 11 other states to resolve their lawsuit so the $110 billion deal can close.

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.
The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity.
(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 Skydance (NasdaqGS:PSKY) has received formal clearance from the European Commission for its acquisition of Warner Bros. Discovery. This approval addresses a key regulatory step in Europe after reviews in multiple major jurisdictions. The decision was announced as most global regulatory approvals for the transaction have now been secured. For investors following Paramount Skydance, the company operates at the intersection of filmed entertainment, television and streaming, where...
Video podcasting and gaming could be revenue generators for Netflix, but there isn't anything on the immediate horizon to help reverse stock price losses.
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.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.