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

Broadcasters and tech giants are writing big checks to state officials, who have weighed in on mergers.

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.”

“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.

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

Rob Bonta said Paramount is more focused on the “court of public opinion” than the court of law in the Warner merger fight.

California's attorney general is demanding more "structural concessions" on Paramount Skydance's (PSKY) mega-merger with media competitor Warner Bros. Discovery (WBD). The Morning Brief's Jake Conley sits down with Barron's senior markets analysis writer Paul La Monica and Infrastructure Capital Advisors CEO Jay Hatfield to talk about the debt weighing on this acquisition and what it could mean for Warner Bros. assets if regulators allow it to go through.

The two sides were scheduled to discuss a settlement of a multistate antitrust lawsuit aiming to block the Paramount-Warner merger.

(Updates with additional details in the fourth and fifth paragraphs.) Paramount Skydance (PSKY) h

The timing of Warner’s biggest DC premiere ever says more about the company’s price tag than its creative slate.

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

Aug 22 (Reuters) - Paramount and California state officials are set to meet on Monday to discuss a potential settlement path of the state's lawsuit aimed at stopping Paramount's acquisition of Warner

The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders

WHATS NEWS BUSINESS FINANCE L3Harris Technologies, the contractor that overhauled a Qatari jet for use as Air Force One, replaced Christopher Kubasik as chairman and CEO after an investigation found that he violated the company’s code of conduct.

Paramount wants the states that are suing over the Warner Bros. Discovery deal to post a $1.9 billion bond. The states are scoffing at the idea.

The company says the litigants who sued to stop the deal should have to cover financial damages if they lose their lawsuit.

Netflix's revenue growth is cooling, and the line that actually compounds for shareholders has been running far ahead of it.

Traders are growing more confident that the $110 billion merger between Paramount Skydance Corp. and Warner Bros. Discovery Inc. will move forward despite an ongoing legal battle with US states.

Streaming revenue exceeded $3 billion for first time amid theatrical headwinds.

Plus: Eli Lilly alleges black market weight loss drug sellers; shippers don’t buy Trump’s Hormuz strait claims

On-location productions in Los Angeles held just 4,711 shoot days in Q2, according to industry group FilmLA, down 13% year-over-year.

Makan Delrahim made the disclosure at Politico’s California Agenda conference, according to Reuters, signaling that Paramount is willing to go beyond internal safeguards to salvage a deal that has become one of the most politically charged media mergers in years. Warner Bros. Discovery is the publicly traded parent of CNN (NASDAQ: WBD), and the merger’s fate directly determines whether Ellison’s Paramount consolidates control over both CBS News and the cable network.

Paramount in recent months has discussed creating an editorial board for CNN and other safeguards to ease concerns over its news operation’s independence, according to people familiar with the situation. Paramount, which owns CBS News, has agreed to buy CNN parent Warner Bros. Discovery for $81 billion. The internal discussions about establishing an oversight committee for news have come up as the company has planned for the deal’s closing, the people said.

CEO David Ellison has suggested a possible move as the antitrust battle drags on over the company’s Warner Bros. deal.

Warner Bros. Discovery (NASDAQ:WBD) said its streaming segment surpassed $3 billion in quarterly revenue for the first time in the second quarter of 2026, as HBO Max benefited from subscriber growth, engagement and advertising monetization. President and Chief Executive Officer David Zaslav said st

Paramount Skydance (NASDAQ:PSKY) said its second-quarter performance reflected progress in its efforts to expand streaming, rebuild its studios business and reduce costs, while management reaffirmed confidence in the company’s proposed combination with Warner Bros. Discovery. Chairman and Chief Exe

Warner Bros. Discovery Inc (WBD) posts record streaming revenue and robust subscriber growth, while navigating linear ad declines and a lighter film slate.

📣 “We have every expectation the transaction will close.” —Warner Bros. Discovery CEO David Zaslav, speaking to analysts today about Paramount's agreement to buy the company, which has faced legal challenges of late.

Moby summary of Warner Bros. Discovery, Inc.'s Q2 2026 earnings call

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.