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Investors are still waiting for the Paramount (PSKY)–Warner Bros. (WBD) merger to finalize. Morgan Stanley head of media & entertainment and cable & telecom equity research, Sean Diffley, chats with Yahoo Finance Executive Editor Brian Sozzi about AI's impact on the creative process, his outlook for streaming, and more.
(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo
Closing Timeline Extended Pending Regulatory ReviewParamount (NASDAQ:PSKY) has confirmed that it will not complete its proposed $110 billion acquisition of Warner Bros (NASDAQ:WBD) before 22 July, extending the expected closing timeline by at least another week as Oregon authorities continue reviewing the transaction. The announcement follows action by the Oregon Attorney General’s office, which disclosed the revised timetable on Wednesday.
Paramount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) could be faced with laws
Reuters said late Wednesday, citing sources familiar with the matter, that U.S. states are concerned the acquisition will hurt competition and are considering suing to block the deal as soon as next week.
(Updates with quotes from Secretary Lisa Nandy and Paramount throughout the story.) Paramount Sky
One of the biggest media deals in history is inching toward the finish line. But first, Paramount Skydance must clear a significant hurdle in Europe. The proposed acquisition of Warner Bros. Discovery by Paramount Skydance (PSKY) is valued at $110 billion, Bloomberg confirmed. It would ...
Paramount Skydance (PSKY) is prepared to sell its film distribution joint venture with Universal Pic
Career antitrust lawyers were leaning toward recommending a lawsuit when senior DOJ officials closed the investigation and cleared the $110 billion deal
The Trump administration has given the green light for Paramount Skydance to take over Warner Bros. Discovery in a mega-merger that will reshape Hollywood.
As expected, the U.S. Justice Department gave its consent for the blockbuster merger expected to reshape Hollywood.
As expected, the U.S. Justice Department gave its consent for the blockbuster merger expected to reshape Hollywood
The Justice Department has approved Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as expected.
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