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A resolution would allow David Ellison's $111-billion takeover of Warner Bros. Discovery to finalize

Paramount is in advanced settlement talks with California officials aimed at resolving the antitrust lawsuit that stands in the way of the company’s $81 billion deal to acquire rival Warner Bros. Discovery, according to people familiar with the matter. A dozen Democratic-led states led by California Attorney General Rob Bonta sued in July to block the deal on antitrust grounds, arguing that the combination of Paramount and Warner would create too much concentration in the markets for theatrical films and cable television channels.

California and 11 other states sued in July to block the $81 billion merger between Paramount and Warner Bros. Discovery.

Paramount Skydance and Warner Bros. Discovery long-awaited merger has been at a standstill. Barclays analysts led by Kannan Venkateshwar resumed coverage of both stocks, rating Warner Bros at Equal Weight with a $28 price target and Paramount at Underweight with a $8 price target. Venkateshwar said in a research note Thursday that while the proposed $110 billion merger could increase growth potential for the studios, it could introduce massive financial and operational risks that make the stock hard to value, and “a moving target.”

The S&P 500 Index ($SPX ) (SPY ) is up by +0.91% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.31%. E-mini S&P futures (ESU26 ) are up +0.91%, and September E-mini Nasdaq...

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A reported California exit adds another layer of tension to Paramount's $110 billion Warner Bros. Discovery deal.

Consumer stocks fell late Wednesday afternoon with the State Street Consumer Staples Select Sector S

Beginning Oct. 14, the two sides will try to reach a deal that will allow the massive merger to advance.

Consumer stocks were higher Wednesday afternoon, with the State Street Consumer Staples Select Secto

A 'leaked' study paints a grim picture for L.A. if Paramount fails to merge with Warner Bros. Here's why you shouldn't trust it.

Paramount Skydance (PSKY) is seeking a nearly $1.9 billion bond from states and the Writers Guild, c

This article first appeared on GuruFocus. Paramount Skydance Corp (NASDAQ:PSKY) recently announced a total dividend of $0.05 per share, with the ex-dividend date set for 2026-09-15. This includes a $0.05 per share cash dividend payable on 2026-10-01.

Paramount Skydance (NasdaqGS:PSKY) is weighing a relocation from California if its proposed merger with Warner Bros. Discovery is blocked. An internal report, recently leaked ahead of an October decision deadline, outlines the possible shift of core operations to another state. The document warns that California could lose tens of thousands of jobs and several billions of dollars in economic output if the move occurs. The threat to relocate operations if the Warner Bros. Discovery merger...

Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector S

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Alliance Entertainment Holding Corp (NASDAQ:AENT) shares rose 69. 1% in premarket trading after the company reported fiscal 2026 revenue growth and higher adjusted earnings per share.

Moby summary of Alliance Entertainment Holding Corporation's Q4 2026 earnings call

“60 Minutes” creator Don Hewitt had a simple motto for the show: “Tell me a story.” Its new leader, Nick Bilton, is trying to move past a tumultuous period when the show itself was the story. Bilton, a former columnist, author and documentary producer with little experience in television news, was installed by CBS News Editor in Chief Bari Weiss last May as part of a dramatic overhaul of the storied newsmagazine.

CNBC reported that Paramount Skydance Corporation (NASDAQ:PSKY) CEO David Ellison has cleared regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD), but a lawsuit from 12 state attorneys general remains the final obstacle. California Attorney General Rob Bonta, who leads the states’ case, canceled a planned settlement […]

Paramount Skydance (PSKY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

On August 3, TKO Group Holdings (NYSE:TKO) reported second-quarter 2026 results that topped the prior year across nearly every line and pushed the company to raise its full-year guidance for the second time this year. Revenue climbed 18% to $1.547 billion for the quarter ended June 30, 2026, while net income rose to $303.9 million […]

The Paramount CEO’s pledge would defy economic pressures but has helped win support for the company’s proposed acquisition of Warner Bros.

Investors are signaling high confidence that Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery will overcome its final state-level antitrust hurdle.

Investors are betting that Paramount, led by CEO David Ellison, will work out a deal to avert an antitrust lawsuit filed by a group of state attorney generals.

In United States v. Philadelphia National Bank, the Supreme Court blocked two banks from merging at a time when the market was simple to measure.

On August 6, the United Kingdom Competition and Markets Authority (CMA) formally cleared Paramount Skydance Corporation (NASDAQ:PSKY)’s pending acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD), alongside undertakings agreed upon with the UK Department for Digital, Culture, Media and Sport. By August 14, Paramount announced it had satisfied all regulatory requirements across 68 countries worldwide, including […]

Bloomberg reported on August 22, 2026, that California Governor Gavin Newsom said he would prefer a settlement of the state attorney general’s lawsuit opposing Paramount Skydance Corporation (NASDAQ:PSKY) $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) “if it’s a good deal.” Newsom said he is “concerned about the state, our reputation,” and that resolving […]

On August 17, 2026, Paramount Skydance Corporation (NASDAQ:PSKY) said that it is seeking a settlement with 12 states still trying to block its $110 billion merger with Warner Bros. Discovery, Inc. (NASDAQ:WBD). The firm separately requested a $1.88 billion bond from those states to cover potential losses from further delay. Why This Matters Paramount has […]

David Ellison needed more legal muscle. After Paramount suffered a bruising July hearing in its fight with a coalition of state attorneys general trying to block its $81 billion acquisition of Warner Bros. Discovery Ellison picked up the phone and called a lawyer used to hearing from CEOs in a jam: Beth Wilkinson. Wilkinson has successfully defended the National Football League and pharmaceutical giant Pfizer as well as Supreme Court Justice Brett Kavanaugh against accusations of sexual assault in his confirmation hearings, making her a go-to trial lawyer in high-stakes cases.