News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Paramount Skydance (PSKY) has agreed to settle a multistate antitrust lawsuit involving its proposed
Shares of Warner Bros. Discovery rallied after Paramount Skydance reached a settlement paving the way for the media giants’ mega-merger.
Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sect
Paramount Skydance (PSKY) has settled its antitrust lawsuit from several state attorneys general over its merger with Warner Bros. Discovery (WBD), as reported by the Wall Street Journal. Morningstar senior equity analyst Matthew Dolgin discusses what this means for Paramount's path forward in closing this deal.
Paramount Skydance agreed to a highly anticipated settlement with 12 state attorneys general that sued to block its $110 billion acquisition of Warner Bros. Discovery, the company confirmed in a filing Monday.
California Attorney General Rob Bonta announced an antitrust settlement reached with Paramount Skydance that he says will protect jobs. This clears the way for Paramount to take over Warner Bros. Discovery. But Bonta says this deal is not a "blessing" for the merger.
Investing.com -- Paramount Skydance reached a settlement on Monday with California and 11 other states that had filed a lawsuit to block its $110 billion acquisition of Warner Bros Discovery. The agreement clears a path for one of the largest media mergers in history.
Paramount's agreement with 12 state attorneys general paves the way for the company to complete its $110 billion acquisition of Warner Bros. Discovery.
Paramount Skydance (PSKY) stock is down 42% over the past year and trades about 47% below its 52-week high. Since 2010, its only rally of more than 30% inside two months came in 2025. The strongest case for another is Paramount+, where subscriber growth sped up between the first and second quarters of 2026, though management expects subscribers to stay relatively flat in the third. That case has to outlast a court fight over Warner Bros. Discovery.
Paramount Skydance agreed to a highly anticipated settlement with 12 state attorneys general that sued to block its $110 billion acquisition of Warner Bros. Discovery, the company confirmed in a filing Monday.
Paramount Skydance is attempting to acquire Warner Bros. Discovery in a deal that would shake up the entire media sector.
Consumer stocks were mixed Monday afternoon, with the State Street Consumer Staples Select Sector SP
A landmark multi-state settlement clears regulatory hurdles, setting the stage for one of Hollywood's largest media mergers in history.
Skydance-owned Paramount reached a settlement Monday with a group of state attorneys general that had sued to challenge the company’s buyout of Warner Bros. Discovery, effectively paving the way for the mega merger to move forward, a person familiar with the matter told the AP. Details of the settlement with the states were not immediately available, but were expected to be revealed later in the day. Paramount said the allegations were meritless, but previously agreed to delay its transaction well into next year so the case could make its way through court.
Geetha Ranganathan, Bloomberg Intelligence analyst, joined Bloomberg's Paul Sweeney and Scarlet Fu to discuss the latest on the ongoing Paramount and Warner Bros. merger. The settlement talks between Paramount Skydance Corp. and California officials over the planned acquisition of Warner Bros. Discovery Inc. are said to include a financial penalty if the company fails to make good on a promise to distribute 30 films per year in theaters. Paramount would have to pay $30 million for each film that falls short of that goal, according to two people familiar with the discussions who asked to not be identified because the negotiations are private. It could also be forced to sell its stake in Miramax, the studio behind movies such as Pulp Fiction, if it fails to meet the target, one of the people said.
States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger
Paramount is poised to close its $111bn (£83bn) takeover of Warner Bros after settling a legal challenge to block the deal.
California and other states challenged the proposed merger in July, describing it as creating a "media behemoth" if realized.
Paramount Skydance has cleared the last major hurdle to its acquisition of Warner Bros. Discovery by reaching a settlement with California and 11 other states that sued over antitrust concerns. A settlement would remove a key obstacle for the $110 billion megamerger of the two entertainment giants. Warners Bros. Discovery stock surged 10% to $30.57 on the reports, erasing all its losses for the year.
Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros.Paramount, which is run by David Ellison, whose ultra-wealthy family has ties to US President Donald Trump, won a bidding war in February for control of a stable of assets, including Warner Bros.
Netflix faces intense competition from rivals while also struggling to turn out hits — and it's showing up in its stock.
With the agreement, California Atty. General Rob Bonta and his coalition plan to withdraw historic lawsuit that aimed to derail the $111-billion deal.
Sept 21 (Reuters) - Paramount Skydance has settled with California and 11 other states that sued to block its $110 billion acquisition of Warner Bros Discovery, a source familiar with the matter said on Monday, clearing one of the last hurdles to a deal that would reshape Hollywood. The settlement includes the creation of independent editorial boards for CNN and CBS, the source said, a move aimed at safeguarding the independence of their news operations under the combined company.
Paramount won’t have to sell cable channels under the $81 billion merger poised to reshape Hollywood.
Antitrust settlement talks are reshuffling the media landscape in real time, sending two rival stocks surging for completely opposite reasons while their biggest streaming competitor barely flinches.
Warner Bros. and Paramount stock rallied on reports that Paramount's talks with California officials have been finalized
Warner Bros. and Paramount stock rallied on reports that Paramount's talks with California officials have been finalized