
Politicians and rank-and-file workers who feared a Paramount-Warner Bros. Discovery deal now hope concessions will soften the impact.
Apenas manchetes de alto sinal - eventos macro, resultados, M&A, regulatório. Listicles e clickbait de analistas filtrados por padrão. Atualizado a cada hora.

Politicians and rank-and-file workers who feared a Paramount-Warner Bros. Discovery deal now hope concessions will soften the impact.

Both Paramount and Warner Bros. jumped on Monday after settling an antitrust lawsuit that could have blocked the merger.

With an antitrust lawsuit now settled, the controversial Hollywood megamerger is now likely to proceed quickly. Here’s what to expect.

Paramount Skydance Corp.’s (NASDAQ:PSKY) $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) has cleared a major legal hurdle after the company reached a settlement with a coalition of U.S. states and the Writers Guild of America. Paramount Warner Bros. Discovery Merger Clears Antitrust Fight The settlement on Monday allows the merger to move forward while requiring Paramount to accept several conditions aimed at addressing concerns over competition, jobs and media concentratio

Paramount Skydance is attempting to acquire Warner Bros. Discovery in a deal that would shake up the entire media sector.

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.

Shares of Paramount (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) rose in premarket trading on Monday after The Wall Street Journal reported progress in negotiations aimed at resolving legal opposition to their proposed $81 billion merger.

Paramount executives and a coalition of states that sued to block its $81 billion merger with Warner Bros spent the weekend hashing out the details of a possible settlement. Among the concessions that have been discussed by Paramount and California's attorney general is a $1.

The company has discussed a series of concessions as part of advanced settlement talks with a coalition of state attorneys general, hoping to clear a path for its $81 billion Warner Bros. deal.

Critics of the $111-billion Paramount acquisition of Warner Bros. urged California Atty. Gen. Bonta and other state attorneys general to disregard pressure to reach a settlement.

A resolution would allow David Ellison's $111-billion takeover of Warner Bros. Discovery to finalize

Paramount Skydance and Warner Bros. Discovery long-awaited merger has been at a standstill. Barclays analysts led by Kannan Venkateshwar resumed coverage of both stocks, rating Warner Bros at Equal Weight with a $28 price target and Paramount at Underweight with a $8 price target. Venkateshwar said in a research note Thursday that while the proposed $110 billion merger could increase growth potential for the studios, it could introduce massive financial and operational risks that make the stock hard to value, and “a moving target.”

Beginning Oct. 14, the two sides will try to reach a deal that will allow the massive merger to advance.

A 'leaked' study paints a grim picture for L.A. if Paramount fails to merge with Warner Bros. Here's why you shouldn't trust it.
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 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.

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.
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.