High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
According to a report by The New York Times, California Attorney General Rob Bonta canceled Monday’s settlement meeting with Paramount over its proposed WBD acquisition.
Attorney General Rob Bonta accused Paramount of leaking and misrepresenting details of a Friday meeting between the two sides
(Updates with additional details in the fourth and fifth paragraphs.) Paramount Skydance (PSKY) h
California Attorney General Rob Bonta canceled Monday’s planned settlement meeting with Paramount Skydance (Paramount Skydance Corp (NASDAQ:PSKY) over the company’s proposed acquisition of Warner Bros. Discovery, accusing Paramount of acting in bad faith. According to a report in The New York...
Paramount CEO David Ellison and California AG Rob Bonta will discuss concessions Monday as California seeks structural remedies to clear the $110 billion Warner Bros. Discovery merger.
Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.
Bonta says the group seeking to block the deal remains open to settlement talks but wants Paramount to address the antitrust concerns at the center of their lawsuit.
Paramount's merger with Warner Bros. Discovery could lead to massive job losses, battering an already fragile L.A. entertainment economy.
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
Paramount Skydance is demanding California and other US states suing to block its merger with Warner Bros. put up $1.9 billion to cover fees the company will have to pay if the deal gets delayed, according to a lawsuit filed Monday.If a judge approves the move at a hearing on Wednesday, California and the other 11 states, as well as the Writers' Guild of America, which is also suing to block the merger, would be on the hook for the cash if their legal action fails.
By David Shepardson WASHINGTON, Aug 17 (Reuters) - Paramount Skydance on Monday asked a U.S. judge to require a dozen states challenging its acquisition of Warner Bros Discovery to post a $1.88
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.
Paramount Skydance on Monday asked the court presiding over the two lawsuits filed to block its merger with Warner Bros. Discovery to order plaintiffs to cover the losses of its merger delay.
Paramount Skydance is seeking a $1.88-billion bond to cover losses from the antitrust lawsuit that delayed its $110 billion acquisition of Warner Bros. Discovery.
On Wednesday, Mark Ruffalo criticized Paramount Skydance Corp CEO David Ellison’s proposed Warner Bros. Discovery, Inc. takeover, throwing his support behind California Attorney General Rob Bonta as the $110 billion deal faces mounting pressure. Ruffalo Backs Bonta In Paramount-Warner Bros....
Paramount Skydance CEO David Ellison is urging California and the attorneys general of 11 other states to resolve their lawsuit so the $110 billion deal can close.
On-location productions in Los Angeles held just 4,711 shoot days in Q2, according to industry group FilmLA, down 13% year-over-year.
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 British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity.
(Update with Paramount's statement in the penultimate paragraph.) The UK's Competition and Market
The March start date means Paramount will owe more than $1 billion in daily penalties before a judge ever rules on the deal
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.
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.
The entertainment giant reported a notable insider sale as legal challenges surfaced against its merger with Warner Bros. Discovery.
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.
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.
Morningstar analyst views potential $2 billion costs as manageable.
Paramount Skydance has formally agreed to delay its acquisition of Warner Bros. Discovery until at least June 2027.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.