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Paramount Skydance reaffirmed plans to close its Warner Bros. Discovery merger even as the deal faces an antitrust challenge.
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.
European Commission clears Paramount Skydance's acquisition of Warner Bros. Discovery on competition grounds, marking a key regulatory step in Europe. Approval follows earlier international reviews and sits alongside ongoing legal challenges in the US as of late July 2026. Warner Bros. Discovery, ticker NasdaqGS:WBD, also outlines plans to expand its use of generative AI with a focus on growth and creator support. The company highlights content development and production workflows as core...
A signed $31 cash deal, two regulators' blessings, and one courtroom standing between shareholders and the payout.
European Commission grants unconditional approval for Paramount Skydance's acquisition of Warner Bros. Discovery. Decision confirms no remedies are required to address competition concerns in key European media markets. Regulatory clearance in Europe directly contrasts with efforts by some US state attorneys general to challenge the deal. For Paramount Skydance, ticker NasdaqGS:PSKY, the European Commission's clearance comes at a time when the stock has faced pressure, with the share price...
Paramount on Friday agreed to delay closing its $81 billion buyout of Warner Bros. Discovery well into next year, as a judge continues to consider a challenge from 12 states seeking to block the deal altogether. In a court filing, Paramount said it wouldn’t close the merger until either a court ruling is made on the merits of the states’ lawsuit or June 1, 2027. The move arrives just days after U.S. District Judge Araceli Martínez-Olguín granted a temporary restraining order to freeze the transaction for several weeks, ruling that the states had raised some “serious questions” and a strong case about the merger's potential to “substantially lessen competition.”
Paramount Skydance Corp. (NASDAQ:PSKY) has secured European Union antitrust approval for its $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD) after agreeing to end its film distribution joint venture with Universal Pictures. On Wednesday, the European Commission said Paramount’s commitment to dissolve the United International Pictures joint venture in Europe within 13 months of closing the deal resolves its competition concerns. The company will avoid film distribution agreements
Commitment to terminate its stake in European distribution venture with Universal Pictures eased regulators’ concerns.
The Writers Guild of America became the latest group to challenge Paramount's $81 billion acquisition of Warner Bros. Discovery on Tuesday, filing a lawsuit that seeks to block the merger on the grounds it would cause “specific harm” to movie and TV writers working across the U.S. A Paramount-Warner merger “threatens the economic and creative health of the American entertainment industry,” reads Tuesday's federal complaint, which was filed by both the Writers Guild of America West and Writers Guild of America East (jointly the WGA). “This proposed combined entity would be the largest employer of writers, with tremendous power to suppress our wages, eliminate opportunities for emerging writers, cut jobs across the industry, and produce less programming," WGAE President Tom Fontana said in a statement.
(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
This week of The Dealmaking 3 with “The Sports Professor” Rick Horrow breaks down three deals shaping the business of sports. MSG Sports stock has surged 101% over the past year as the Knicks won the NBA Finals for the first time since 1973, with the Dolan family now exploring a split of the Knicks and […] The post Dealmaking 3: Knicks Stock Surges 101%, PGA Tour’s Australia Bet & NBA Finals Goes Viral appeared first on CorpGov.
Warner Bros. Discovery has significantly outperformed the Communication Services sector over the past year, but analysts are cautious about the stock’s prospects.
Hollywood’s domestic box office sales are tracking 13% ahead of last year at this point, and summer box office is outpacing last summer.
Domestic box office performance in May was stronger than expected, likely boding well for this month
Paul Tudor Jones just bet $193.7 million on Warner Bros. Discovery. Here's why WBD stock could be one of the smartest media plays of 2026.
In early May 2026, Warner Music Group reported second-quarter sales of US$1,732 million and net income of US$183 million, both higher than a year earlier, while also highlighting margin expansion and stronger streaming and catalog performance across Recorded Music and Music Publishing. On the same day, Paramount Pictures and Warner Music Group announced a multi-year, first-look theatrical film deal built around Warner’s artist roster, underscoring how the company is increasingly turning its...
Investing.com -- Warner Music Group Corp. (NASDAQ:WMG) reported second-quarter results that exceeded analyst expectations, with shares climbing 3.9% in after-hours trading Thursday following the announcement of a film partnership with Paramount Pictures.
Disney stock rose sharply yesterday after the company released its fiscal Q2 2026 earnings, wherein, among others, CEO Josh D'Amaro laid out his vision for the entertainment giant. Is DIS stock a buy after the Q2 earnings?
Paramount Skydance (NasdaqGS:PSKY) is reported to be pursuing a proposed acquisition of Warner Bros. Discovery that is being described as transformative for global media. The potential deal is linked to plans for sizeable backing from global sovereign funds and a reworked content and technology roadmap, including expanded use of AI. Regulators and policymakers are expected to review the transaction closely, with particular attention on competition issues and foreign ownership...
Paramount Skydance Corp (NASDAQ:PSKY) shares fell nearly 5% on Tuesday morning after the media company reported first-quarter earnings the previous evening, as investors looked past a stronger-than-expected profit result and focused instead on underwhelming forward guidance. Shares initially...
Paramount Skydance reported first-quarter results after Monday’s close, its first report since winning the bidding war for Warner Bros. Discovery.
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