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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.
While the top- and bottom-line numbers for Warner Bros. Discovery (WBD) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The deal still faces substantial legal challenges in the U.S., where state attorneys general have sued to block the purchase.
Warner Bros. Discovery (WBD) delivered earnings and revenue surprises of +146.15% and -6.19%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
(Update with Paramount's statement in the penultimate paragraph.) The UK's Competition and Market
Global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) fell short of the market’s revenue expectations in Q2 CY2026, with sales falling 11.2% year on year to $8.72 billion. Its GAAP profit of $0.06 per share was significantly above analysts’ consensus estimates.
Warner Bros. Discovery narrowed its profit in the second quarter, hurt by a large charge, as revenue fell.
Chip stocks fell in Asia and the U.S. as investors once again grew nervous about the durability of artificial-intelligence spending, while oil held steady in early European trade.
The March start date means Paramount will owe more than $1 billion in daily penalties before a judge ever rules on the deal
CEO David Ellison remains confident, citing regulatory approvals and market data to defend the $110 billion deal.
Paramount Skydance (PSKY) just reported its second quarter results, with sales of US$6.91b and net income of US$41m. Sales for the first half reached US$14.26b, with net income of US$209m. See our latest analysis for Paramount Skydance. Despite the Q2 earnings beat and progress toward the Warner Bros. Discovery acquisition, Paramount Skydance’s recent 7 day share price return of 5.41% sits against a weaker backdrop. The year to date share price return is down 36.42% and the 5 year total...
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...
A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery.
Paramount Skydance reaffirmed plans to close its Warner Bros. Discovery merger even as the deal faces an antitrust challenge.
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.
Paramount’s streaming service continued to grow in the latest quarter, helping to narrowly offset another sales decline for its television unit.
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.
Warner Bros. Discovery heads into Q2 earnings with NBA ad losses, linear-TV declines and deal costs offset by a strong HBO Max content slate.
Vince Lombardi once said “We didn’t lose the game; we just ran out of time.” Hollywood has seen this movie before, and only a decade ago.
While the market focuses on streaming wars, a different category is quietly inflecting inside the business. Monthly players for cloud games have increased 11x since last October. This adoption is already outpacing the company's earlier push into mobile games, suggesting a new engagement engine is taking hold.
Besides Wall Street's top-and-bottom-line estimates for Warner Bros. Discovery (WBD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2026.
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.
After a relentless pile-on, Warner Bros. Discovery finally caught a break this Friday. WBD shares jumped 3%, while Paramount ticked up 1.6%, driven by a Wall Street Journal report that California Governor Gavin Newsom is growing increasingly concerned about the state’s antitrust lawsuit aiming to block the studio’s mega-merger. Here is the breakdown of the latest plot twist in the Hollywood merger saga: The Governor’s Stance: Behind closed doors, Newsom has reportedly warned that blocking Paramo
Consumer stocks were mixed late Friday afternoon, with the State Street Consumer Staples Select Sect
The California governor has told people involved in the suit that blocking the $81 billion deal could harm Hollywood jobs.
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