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California Attorney General Rob Bonta joins The Lead.

UBS maintained its 'sell' rating on Paramount Skydance Corp (NASDAQ:PSKY) even as the company's settlement with attorneys general from 12 states removed the last major obstacle to closing its acquisition of Warner Bros Discovery. Management expects the deal to close in approximately two...

The settlement of an antitrust lawsuit is clearing the way for a giant corporate deal that is poised to reshape Hollywood and the media and entertainment business. Paramount reached a settlement with state attorneys general from a dozen states, including California and New York, removing a major hurdle to its megamerger with Warner Bros. Discovery, my colleagues Jessica Toonkel and Paul Kiernan report.

Paramount Skydance (PSKY) has agreed to settle a multistate antitrust lawsuit involving its proposed

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.

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.

With the agreement, California Atty. General Rob Bonta and his coalition plan to withdraw historic lawsuit that aimed to derail the $111-billion deal.

Paramount Skydance (PSKY) may face a financial penalty if it fails to distribute 30 films per year i

The streamer desperately needs to find the next Squid Game. Weak engagement numbers are dire news for its shares, down 20% this year.

Paramount Skydance has been under pressure for years, and with merger headlines swirling around Warner Bros. Discovery, the real question for investors is whether the current share price lines up with what its cash flows can support. The stock has fallen 70.2% over the past 5 years, which puts the focus squarely on whether that drop now matches or misfits the cash the business can realistically generate. Ongoing court ordered merger talks, bond discussions and extended tender and exchange...

Shares of multinational media and entertainment corporation Paramount (NASDAQ:PSKY) fell 3.2% in the afternoon session after Barclays reinstated coverage on the stock with an Underweight rating and an $8 price target, according to TipRanks. Barclays warned that the planned merger may not achieve anticipated cost savings or rapid debt reduction. The brokerage also noted risks regarding potential additional asset sales and a possible exit from California. An Underweight rating reflects an analyst'

US equity indexes ended higher Thursday as government bond yields dropped after the Federal Reserve

Barclays sees streaming and studio growth potential in the Paramount-Warner deal but flags execution, deleveraging, and potential restructuring challenges as legal hurdles remain.

This week of The Dealmaking 3 with “The Sports Professor” Rick Horrow features Genius Sports Limited (NYSE: GENI) and Grupo Televisa, S.A.B. (NYSE: TV) partnering for AI-powered graphics and new sponsorship to Liga MX broadcasts, Southern Miss making Mississippi college football history with a 10-year naming rights deal, and Paramount+ becoming the exclusive streaming and service […] The post The Dealmaking 3: Genius Sports’ AI Liga MX Deal, Southern Miss Makes History, Paramount+ at Vegas appea

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?

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

A CNN sale could help clear the final antitrust hurdle.

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.

Larry Ellison's fortune, Oracle's stock, and Hollywood's biggest merger are now deeply intertwined -- and investors should understand why the outcome could matter far beyond the entertainment industry.

Investing.com -- Paramount said Friday it agreed to halt its $111 billion merger with Warner Bros. Discovery until June 1, 2027, or until a federal judge rules on a lawsuit filed by state attorneys general seeking to block the deal.

According to a court filing from Friday, the companies have agreed to pause the transaction until five days after the court issues a final decision on the merger, or until June 1, 2027.

Legal hurdle, AI spending and profit concerns weighed on sentiment.

On July 20, 2026, a California federal judge halted the $110 billion acquisition for at least 14 days, extending legal uncertainty around the merger.

A coalition of 12 state attorneys general, led by California, has filed an antitrust lawsuit to block the proposed Paramount, Skydance, and Warner Bros. Discovery (NasdaqGS:WBD) merger valued at about US$110b. The states have also submitted emergency motions seeking a temporary restraining order, prompting immediate court hearings and a likely pause to the transaction. The filings allege threats to competition and consumer harm, as well as concerns about market concentration and special...

Netflix is scheduled to report fiscal second-quarter financial results after the stock market closes on Thursday.