MT Newswires29d agobearish
Paramount, Warner Bros. Face Multistate Lawsuit Seeking to Block MergerParamount Skydance's (PSKY) proposed acquisition of fellow media and entertainment giant Warner Bros
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Reuters Videos29d agoneutralVIDEO
California AG says Paramount-Warner Bros merger would 'extinguish competition'<body><p>STORY: :: California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros</p><p>:: Los Angeles, California / July 13, 2026</p><p>:: Rob Bonta, California Attorney General</p><p>"We're here, I'm here to announce a lawsuit that I filed, and that a coalition of 12 states have filed challenging the proposed merger of Paramount, Skydance and Warner Brothers Discovery and asking the court to block the merger from moving forward." // "This $110 billion proposed merger, the largest merger in Hollywood history, would extinguish competition. It would result in higher prices, lower content quality and fewer movies and TV shows." // As our complaint makes clear, this deal is illegal under the Clayton Act. That is a law that has been on the books for over 100 years. It prevents mergers that may substantially lessen competition or tend to create a monopoly."</p><p>The lawsuit is a serious threat to Paramount CEO David Ellison's bid to transform his company into a major competitor to Netflix and Disney.</p><p>If allowed to move forward with the deal, Paramount would control 27% of the distribution market for films that appear on screens across America, 30% of blockbuster film distribution and 27% of the market for basic cable channels, the states said.</p><p>It will likely take months for a ruling on the states' claims, causing a delay that could rack up hundreds of millions of dollars in costs for Paramount.</p><p>The deal has led to an outcry from actors, writers, and others fearing it will hurt jobs. Theater owners also opposed the deal, worrying the combination of the Warner Bros movie studio with Paramount Pictures would result in fewer films.</p><p>Paramount said the lawsuit distorts settled antitrust law and is based on a misrepresentation of competition in the entertainment industry.</p></body>
Barrons.com29d agobearish
Paramount, Warner Bros. Stocks Rise Despite Lawsuit Filed to Block Their MergerCalifornia Attorney General Rob Bonta is leading a coalition of 12 attorneys general in filing a lawsuit challenging the acquisition of Warner Bros. by Paramount.
MT Newswires29d agoneutral
Update: California AG-led Coalition Sues to Block Paramount Skydance-Warner Bros. Merger(Updates with Paramount Skydance's statement in the fourth and fifth paragraphs.) Paramount Skyda
Reuters29d agoneutral
California-led states sue to block Paramount’s $110 billion Warner Bros Discovery dealBy Jody Godoy and Dawn Chmielewski NEW YORK/LOS ANGELES, July 13 (Reuters) - California and 11 states sued to block Paramount's $110 billion acquisition of Warner Bros.
Investing.com29d agoneutral
California-led coalition sues to block $110 billion Warner Bros.-Paramount mergerInvesting.com -- California Attorney General Rob Bonta on Monday led a coalition of 12 state attorneys general in filing a lawsuit to block Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, arguing the deal would unlawfully reduce competition across the U.S. film and television industry.
The Wall Street Journal29d agoneutral
California, Other State AGs Sue to Block Paramount-Warner MegadealA coalition of a dozen states alleged the Hollywood merger would boost prices for consumers and lower quality for film and television.
Reuters29d agoneutral
California, 11 states suing to block Paramount's $110 billion Warner Bros dealBy Jody Godoy July 13 (Reuters) - California and 11 states are suing to block Paramount's $110 billion acquisition of Warner Bros.
The Wall Street Journal29d agoneutral
Spencer Jakab | Media Deals’ Poor RecordThere’s a golden opportunity to play mogul via shares of Warner Bros. Discovery, which agreed to be bought for $81 billion by smaller Paramount Skydance, given the more than 16% upside to the closing price and the companies’ intention to close this quarter.
Bloomberg29d agobullish
Disney Exiting Streaming Could Spur 40% Rally, Wells Fargo Says(Bloomberg) -- Walt Disney Co. shares have been in a slump for years, but Wells Fargo Securities said there’s one possible move that could reverse the trend: ditching its streaming-video business.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Bot
The Wall Street Journal29d agoneutral
Media Deals: Great for Bankers, Usually Not for You📈 Follow our live markets data and coverage. Only slightly less known is that you really shouldn’t invest alongside media deals. News organizations devote way less space to mergers, acquisitions or spinoffs involving toilet paper, paint or breakfast cereal.
TheStreet31d agoneutral
Paramount-WBD deal faces legal hurdle, delaysDavid Ellison spent eight months persuading Washington that buying Warner Bros. Discovery would strengthen competition in Hollywood, and it worked. The Justice Department closed its antitrust review in June and cleared the deal. However, things have taken an unexpected turn. A group of state ...
Yahoo Finance Video31d agoneutralVIDEO
Paramount–Warner Bros. merger could make HBO Max a 'staple' — even rivaling NetflixInvestors are still waiting for the Paramount (PSKY)–Warner Bros. (WBD) merger to finalize. Morgan Stanley head of media & entertainment and cable & telecom equity research, Sean Diffley, chats with Yahoo Finance Executive Editor Brian Sozzi about AI's impact on the creative process, his outlook for streaming, and more.
Barchart32d agoneutral
Paramount Skydance's Q2 2026 Earnings: What to ExpectParamount Skydance will release its second-quarter earnings soon, and analysts anticipate a double-digit profit dip.
MT Newswires33d agobearish
Update: Market Chatter: Paramount, Warner Bros. Discovery Merger Possibly Faces Lawsuits From US States to Block Deal(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo
The Wall Street Journal33d agobearish
Paramount Stock Tumbles on Warner Deal WorriesParamount’s stock fell as much as 9% in morning trading, as investor worries grow over the media company’s path to closing its Warner Bros. Discovery deal. Reuters reported late Wednesday that the Oregon attorney general’s office said Paramount told the office it wouldn’t close the $81 billion deal before July 22. Oregon had asked a court to order Paramount to hand over records and delay the deal by 60 days to review them.
Investing.com33d agobearish
Paramount stock tumbles after Arete downgrade on debt concernsInvesting.com -- Paramount Skydance shares fell 8% Thursday after Arete Research downgraded the media company to sell from neutral and slashed its price target to $2, a Street low, citing concerns about the debt burden from its planned merger with Warner Bros. Discovery.
InvestorsHub33d agoneutral
Paramount Delays Warner Bros Acquisition Closing as Oregon Review Continues (PSKY)Closing Timeline Extended Pending Regulatory ReviewParamount (NASDAQ:PSKY) has confirmed that it will not complete its proposed $110 billion acquisition of Warner Bros (NASDAQ:WBD) before 22 July, extending the expected closing timeline by at least another week as Oregon authorities continue reviewing the transaction. The announcement follows action by the Oregon Attorney General’s office, which disclosed the revised timetable on Wednesday.
MT Newswires33d agobearish
Market Chatter: Paramount, Warner Bros. Discovery Merger Possibly Faces Lawsuits From US States to Block DealParamount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) could be faced with laws
Stocktwits34d agoneutral
PSKY, WBD Aren’t Out Of The Woods Yet: US States Could Reportedly Sue To Block $110B Merger Next WeekReuters said late Wednesday, citing sources familiar with the matter, that U.S. states are concerned the acquisition will hurt competition and are considering suing to block the deal as soon as next week.
Reuters34d agobearish
Paramount will not close its Warner Bros deal before July 22 amid Oregon probeBy Jody Godoy July 9 (Reuters) - Paramount has said it will not close its $110 billion acquisition of Warner Bros before July 22, the Oregon attorney general's office said on Wednesday, pushing out
The Wall Street Journal34d agoneutral
The $80 Billion Debt Cloud Hanging Over David Ellison’s Warner DealWhen Paramount Chief Executive David Ellison unveiled his company’s $81 billion deal for Warner Bros. Discovery he touted a new golden era for Hollywood—one built on scale, technology and a promise to release at least 30 theatrical movies a year. The combined company is set to emerge with nearly $80 billion in debt—a burden that could weigh on decisions ranging from content spending and streaming investments to news operations and sports rights. Its net debt is projected to equal roughly 6.5 times annual earnings before interest, taxes, depreciation and amortization after the deal closes as soon as this month, a level that analysts consider high for a media company.
Reuters34d agoneutral
US states could sue next week to block Paramount-Warner Bros deal, sources sayBy Dawn Chmielewski and Jody Godoy July 8 (Reuters) - U.S. states concerned that Paramount's $110 billion acquisition of Warner Bros.
Reuters34d agobearish
Paramount delays Warner Bros deal closure amid Oregon probeBy Jody Godoy July 8 (Reuters) - Paramount has said it will not close its $110 billion acquisition of Warner Bros before July 22, the Oregon attorney general's office said, pushing out the timeline
TheStreet37d agoneutral
Paramount’s Warner deal has a new $650 million problemParamount Skydance (PSKY) could be encountering a further hurdle in its $110 billion chase of Warner Bros. Discovery (WBD). Britain does not necessarily want to block the accord. The greater danger may be that Britain recognizes the cost of delay. The U.K. government is reviewing whether it should ...
MT Newswires41d agoneutral
Market Chatter: Paramount Skydance Offers EU Remedies for $110 Billion Warner Bros Discovery Deal Amid Antitrust ScrutinyParamount Skydance (PSKY) has reportedly offered concessions to address European Union competition c
The Wall Street Journal41d agoneutral
Paramount Skydance Offers Concessions to Facilitate EU Approval of $81 Billion Warner Bros DealThe companies offered concessions to the commission to ease competition concerns about the planned $81 billion deal.
MT Newswires42d agoneutral
Update: Paramount, Warner Bros Discovery Merger Might Face Potential UK Intervention(Updates with quotes from Secretary Lisa Nandy and Paramount throughout the story.) Paramount Sky
Bloomberg43d agoneutral
Comcast’s NBC Spinoff Raises Questions About Businesses’ Future(Bloomberg) -- Brian Roberts lost out on an opportunity last year to merge NBCUniversal with Warner Bros. Discovery Inc. But the process helped get the chairman and co-chief executive officer of Comcast Corp. thinking about what NBCUniversal would look like on its own. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boost After AI-Fueled Selloff: Markets WrapCook Stays at Fed But Trump Wins Power Over Other AgenciesSupreme Court Leaves Tr
TheStreet47d agoneutral
Paramount's WBD merger faces major regulatory hurdleOne of the biggest media deals in history is inching toward the finish line. But first, Paramount Skydance must clear a significant hurdle in Europe. The proposed acquisition of Warner Bros. Discovery by Paramount Skydance (PSKY) is valued at $110 billion, Bloomberg confirmed. It would ...