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Paramount Skydance’s potential CNN sale could be a pivotal move to clear regulatory hurdles for its Warner Bros. Discovery deal. However, does that make PSKY stock a 'Buy' now?

Publicis Sports is teaming up with Kansas City Chiefs tight end Travis Kelce to tackle the Wild West of college athlete endorsements. The Publicis Groupe unit today announced Tekta, a name, image and likeness business to help brands select, structure and measure partnerships with student athletes and schools. Kelce will serve as an adviser, while the talent management firm that represents him, 3 Arts Sports, steps in as strategic operating partner.

Ticking fees run at $7 million a day past September 30, with trial not scheduled until March

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 (NasdaqGS:PSKY) extended the expiration dates of its previously announced exchange and tender offers to align more closely with its proposed acquisition of Warner Bros. Discovery. The updated timing is intended to keep the offers synchronized with the broader transaction process for the planned Warner Bros. Discovery deal. The move indicates that Paramount Skydance is continuing to prepare for a significant consolidation step in the media and entertainment industry. This...

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.

Consumer stocks were lower late Monday afternoon, with the State Street Consumer Staples Select Sect

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

Tech scion David Ellison's company wants the coalition of 12 states and the WGA to cover the 'ticking fees' that Paramount could incur due to Warner deal delays.

Even before Nvidia Corp.’s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabilities that don’t appear on major AI companies’ balance sheets, but could materialize at the worst possible time.

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.

Investing.com -- Paramount Skydance said on Friday it had secured all regulatory clearances required under its merger agreement to acquire Warner Bros. Discovery, removing the final regulatory obstacle to the proposed combination after an eight-month review spanning 68 countries.

The odds of the Hollywood megamerger happening appear to be improving, judging by recent stock moves.

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.

When regulators threaten to block a merger, the company on the other side usually offers something replaceable. A distribution deal. A regional station. A slice of market share nobody will miss. Paramount Skydance just put its most recognizable news brand on the table instead. Chief Legal Officer ...

A CNN sale could help clear the final antitrust hurdle.

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

Paramount’s second quarter results were shaped by continued growth in its streaming and studio segments, alongside disciplined cost control initiatives. Management attributed improved profitability to a stronger slate of theatrical releases, double-digit subscriber and engagement growth for Paramount+, and a successful focus on operational efficiencies. CEO David Ellison pointed to the nearly doubled theatrical slate and expanded sports content portfolio as key contributors, stating, “We nearly

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

Paramount Skydance (NASDAQ:PSKY) insiders just showed up in SEC filings selling stock, and that headline rarely looks good. But look past the sale and something more interesting shows up: how much these executives kept. CEO David Ellison and Chief Strategy and Operating Officer Andy Gordon each unloaded shares on August 7, purely to cover taxes […]

Andrew Mark Brandon-Gordon disposed of shares to cover RSU vesting taxes, retaining 417,000 direct shares worth $3.8 million.

This non-discretionary sale was tied to RSU vesting.

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.

Paramount Skydance Corporation’s (NASDAQ:PSKY) roughly $110 billion deal to buy Warner Bros. Discovery, Inc. (NASDAQ:WBD) remains frozen, after the two companies agreed not to close it until five days after a trial verdict or June 1, 2027, whichever comes first. A coalition of 12 states led by California, plus the Writers Guild of America, sued […]