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The company lifted its adjusted EBITDA guidance to $3.8 billion–$3.9 billion, crediting savings from last year's Skydance merger

Paramount+ hits 82 million subscribers with record retention, while the company raises full-year guidance amid Warner Bros. Discovery deal optimism.

A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery.

The headline numbers for Paramount Skydance (PSKY) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Paramount’s streaming service continued to grow in the latest quarter, helping to narrowly offset another sales decline for its television unit.

Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its ‌planned $110 billion acquisition of Warner Bros. Discovery. Ellison reiterated that ​he fully expects "the transaction to close."

Aug 4 (Reuters) - Lawsuits challenging Paramount Skydance's acquisition of Warner Bros. ‌Discovery will go to trial in March ‌2027, a federal judge in California ruled on Tuesday.

A California federal judge said Tuesday that the antitrust trial will begin March 2 with an expectation that it will run for 12 court days. The timeline the judge laid out in a written order is much later than the November 2026 start date Paramount had sought. The order will prove costly for Paramount.

📣 "I believe this fight is not really about market share...The issue is whether I can be trusted as a steward of Warner’s CNN...When it comes to our news operations, I do not aspire to lead these companies to bend their newsrooms to my views.

California’s governor warns that an antitrust lawsuit threatening the media mega-merger could severely damage local entertainment industry jobs.

The California governor has told people involved in the suit that blocking the $81 billion deal could harm Hollywood jobs.

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.

The entertainment giant reported a notable insider sale as legal challenges surfaced against its merger with Warner Bros. Discovery.

(Bloomberg) -- Larry Ellison and his family would be on the hook for $9.8 billion if Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc. falls apart.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeApple Set to Make Big Smart Home Push With Siri AI at CenterASML Slides on Report of China Starting DUV Tool ProductionParamount, which

Paramount Skydance had been pushing to close its $110 billion acquisition of Warner Bros. Discovery by the end of September. It picked the wrong month to be optimistic. A coalition of 12 state attorneys general sued to block the deal on July 13, a federal judge issued a temporary restraining order ...

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.

The companies can’t combine yet, meaning promised cost savings and strategic moves are on hold while rivals push ahead.

Morningstar analyst views potential $2 billion costs as manageable.

Jul. 24—OLYMPIA — The Paramount Skydance planned merger with Warner Bros. has been halted as a federal judge considers whether the deal violates antitrust laws and unfairly reduces market competition. A lawyer representing the company wrote in a court filing Friday that the deal would not move forward until June 1, 2027 unless a federal judge rules on a case brought by Washington and 11 other ...

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 said Friday it will not move forward with its merger with Warner Bros. Discovery until legal challenges to the deal are resolved or June 1, 2027, whichever comes first. The concession is the latest blow to the $81 billion merger between entertainment giants Paramount and Warner, which is being challenged on antitrust grounds by 12 states and the Writers Guild of America, who argue the deal is anticompetitive. Paramount’s decision came after a California federal court had granted a temporary restraining order stopping the deal from closing in 28 days.

Paramount Skydance (PSKY) agreed to delay its acquisition of Warner Bros. Discovery (WBD) until June 2027 after 12 attorneys general sued to block the massive media merger.

By Jody Godoy July 24 (Reuters) - Paramount Skydance has agreed to pause its $110 billion acquisition of Warner Bros.

By Jody Godoy July 23 (Reuters) - Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 17, a federal judge ruled on Thursday.

WASHINGTON—Merging companies will get a shortcut to ending antitrust investigations under a Justice Department change meant to make the government review process less burdensome for businesses. The department’s antitrust division plans to announce on Thursday a new model for streamlining merger reviews that would quickly focus on the most apparent ways a deal might diminish competition, according to department officials. Antitrust enforcers won’t use the targeted approach in every case, but the process will allow some deals to clear federal scrutiny earlier, the officials said.

The European Union approved Paramount's $81 billion takeover of Warner Bros. Discovery this week, effectively clearing another regulatory hurdle for a mega merger that could vastly reshape the entertainment and media landscape worldwide. The European Commission — which serves as the EU's antitrust enforcer — said that even with a Paramount-Warner combo, enough competitors would exist across markets like film production and streaming in its 27-nation bloc. To address this, the Commission said Skydance-owned Paramount agreed to end its European Economic Area stake in United International Pictures — a longstanding venture with another major studio, Universal, that Paramount has used to distribute films in theaters outside North America.