When 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.
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By 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
The Paramount Skydance deal faces more regulatory attention.
Paramount 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 ...
Paramount Skydance (PSKY) has reportedly offered concessions to address European Union competition c
The companies offered concessions to the commission to ease competition concerns about the planned $81 billion deal.
The British government said on Tuesday that it is likely to challenge Paramount Skydance’s takeover of Warner Bros. Discovery, potentially complicating the finalization of the $110 billion merger.
(Updates with quotes from Secretary Lisa Nandy and Paramount throughout the story.) Paramount Sky
Comcast (CMCSA) said Monday it plans to split into two publicly traded companies, separating its NBC
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Paramount Skydance (PSKY) is prepared to sell its film distribution joint venture with Universal Pic
Brussels is set to approve Paramount’s $111bn takeover of Warner Bros Discovery provided the company accepts certain remedies, in a move that...
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The Justice Department’s Antitrust Division approved Paramount Skydance’s $111 billion bid for Warner Bros.
The unprecedented federal clearance of the massive media merger transforms the entertainment sector and creates lucrative opportunities for modern investors.
WHATS NEWS BUSINESS FINANCE Oil prices fell, bonds rallied and the Dow industrials closed at a record 51671.03 after Trump announced a deal to end the war with Iran and reopen the Strait of Hormuz. The Justice Department’s senior leadership closed an investigation of Paramount Skydance’s bid for Warner Bros.
Department staffers investigating the Warner acquisition were leaning toward recommending a challenge to the merger, people familiar with the matter say.
Sunday’s fights at the White House promise a violent show and a chance for the president to project power and reconnect with young men.
An investigation by the U.S. Justice Department into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers. The agency said Friday that it closed its probe into the deal, with regulators at its antitrust division concluding that the impact of the merger “will be to increase competition across the media and entertainment ecosystem, with benefits for American consumers and workers.” David Ellison’s Paramount Skydance reached a deal to acquire Warner Bros. Discovery in late February.
The Justice Department has cleared Paramount $81 billion purchase of Warner Bros. Discovery removing one hurdle for the entertainment companies’ megadeal. The department’s antitrust division said Friday that the merger would likely improve competition “across the media and entertainment ecosystem, with benefits for American consumers and workers.” The combination of Paramount and Warner stands to reshape the entertainment industry by putting two legacy movie and TV studios, as well as multiple news outlets, streaming platforms and cable networks under one roof.
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood.
The unconditional clearance removes the primary federal regulatory hurdle standing between the two media giants and what would be one of the largest media combinations in history. Politico's report was corroborated by Newsmax and Quiver Quantitative, each also citing people familiar with the matter, though an official DOJ press release had not been published as of this writing.
The Justice Department has approved Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as expected.
(Bloomberg) -- The US Justice Department has closed its antitrust probe into Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., according to people familiar with the decision.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulSpaceX Shares Close 19% Higher After Historic $75 Billion IPOTrump Insists Iran Deal Is Close
The CMA has set Aug. 7, 2026, as the deadline for its initial review of the deal, when it will decide whether the proposed merger of PSKY and WBD raises competition concerns.
Investing.com -- Britain's Competition and Markets Authority has launched an investigation into Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.
Shareholder approval moved the deal forward, but antitrust scrutiny now puts the focus on whether regulators seek divestitures or conditions that could affect the timing and economics of the transaction.