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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.
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
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
A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery.
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.
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.
The California governor has told people involved in the suit that blocking the $81 billion deal could harm Hollywood jobs.
Sirius XM (SIRI) delivered earnings and revenue surprises of -10.26% and +0.91%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
David Ellison insists his blockbuster media merger is still on track, but a legal standoff with a coalition of state attorneys general is about to flip an abstract delay into a very concrete and very expensive problem.
(Bloomberg) -- Larry Ellison and his family would be on the hook for $9.8 billion if Paramount Skydance Corp.’s deal to buy Warner Bros. Discovery Inc. falls apart.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeApple Set to Make Big Smart Home Push With Siri AI at CenterASML Slides on Report of China Starting DUV Tool ProductionParamount, which
Paramount Skydance has agreed to a deal that could stretch completion of its merger to June 2027. The companies are stuck in limbo until then, given that WBD agreed in principle for the deal.
Paramount Skydance, Uber and Stem fell to fresh annual lows on Monday amid growing regulatory, competitive, and financial concerns.
Warner Bros. Discovery stock Monday hit its lowest point since the company’s merger with Paramount Skydance was reached in February as Wall Street appears to be putting little more than a 50% chance that the deal will get done. Warner Bros. stock dropped 1.8% Monday to $25.28, ending about 18% below the $31-a-share cash offer from Paramount, whose stock also declined Monday. Warner Bros. stock had been trading around $27 in June.
Investing.com -- Seaport Research Partners downgraded Warner Bros Discovery to Neutral from Buy, arguing that a prolonged delay to its proposed acquisition by Paramount Skydance reduces the attractiveness of the stock despite potential upside if the transaction is ultimately completed. The downgrade follows Paramount Skydance's decision to put the acquisition on hold until as late as June 1, 2027, as it seeks to address legal challenges from the Writers Guild and several U.S. state attorneys gen
Steer clear of the entertainment company’s shares for now—there’s just not enough regulatory clarity for investors.
The companies can’t combine yet, meaning promised cost savings and strategic moves are on hold while rivals push ahead.
Morningstar analyst views potential $2 billion costs as manageable.
The entertainment giant reported a notable insider sale amid legal challenges to its merger with Paramount Skydance.
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