Paramount Skydance’s (PSKY) $110 billion deal to buy Warner Bros. Discovery (WBD) is set for an antitrust trial in March 2027, but CEO David Ellison believes the merger will go through and says the company is ready to fight the legal challenge.Court Sets Paramount Skydance’s Trial TimelineA Califor…
Paramount Skydance Corp. (PSKY) reported its financial results for the second quarter ended June 30 on Tuesday, beating analyst expectations on both earnings and revenue while raising its full-year guidance. CEO David Ellison also reiterated confidence that the proposed Warner Bros. Discovery merge…
California Gov. Gavin Newsom has voiced major concerns regarding the state's antitrust lawsuit attempting to halt Paramount's $81-billion takeover of Warner Bros. Discovery.Newson said derailing the transaction could inflict further harm on Hollywood employment, according to a report by The Wall St…
Warner Bros. Discovery (WBD, Financials), the media and entertainment company behind HBO, CNN and Warner Bros. studios, sued Amazon over allegations that it poached employees and interfered with existing employment contracts.The dispute centers on Pia Barlow, a former executive vice president of ma…
Paramount Skydance (PSKY) has agreed to freeze its proposed $110 billion acquisition of Warner Bros. Discovery (WBD), putting the media consolidation on hold until June 1, 2027, or until a federal court rules on an antitrust lawsuit seeking to block the deal.The agreement, filed in a federal court…
NEW YORK, July 24, 2026 /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its second quarter 2026 results on Thursday, August 6, 2026 before the market opens. Links to the live webcast of the conference call as well as the earnings materi…
European Union antitrust regulators cleared Paramount Skydance Corporation's (PSKY) proposed acquisition of Warner Bros. Discovery (WBD) on Tuesday, paving the way for one of the largest media consolidations in recent history, provided the combined entity fulfills strict competitive remedies.The Eu…
LOS ANGELES and NEW YORK, July 22, 2026 /PRNewswire/ -- The European Commission has today formally cleared the acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) ("WBD") by Paramount Skydance Corporation (NASDAQ:PSKY) ("Paramount"), representing a major milestone in completing the transaction…
Paramount Skydance Corp. NASDAQ:PSKY, a Hollywood studio and streaming company, is facing a potentially expensive legal setback in its proposed $110 billion takeover of Warner Bros. Discovery Inc. NASDAQ:WBD, a media group that owns HBO Max, CNN and major film and television franchises. A federal j…
A federal judge has temporarily paused Paramount Skydance Corp.'s NASDAQ:PSKY proposed $110 billion takeover of Warner Bros. Discovery Inc. NASDAQ:WBD, with the court order potentially delaying one of Hollywood's largest planned mergers. Paramount Skydance and Warner Bros. Discovery, two major Holl…
Netflix Inc. NASDAQ:NFLX, the streaming company, is returning to the U.S. investment-grade bond market for the first time since its debut offering two years ago, as slowing sales growth increases investor scrutiny of its outlook. The company is selling benchmark-sized notes due in 2036, with initia…
A federal judge has temporarily blocked Paramount Skydance Corp.'s (PSKY) proposed $110 billion acquisition of Warner Bros. Discovery Inc. (WBD), preventing the media companies from finalizing the transaction or consolidating their operations.U.S. District Judge Araceli Martínez-Olguín of the North…
The Writers Guild of America has launched a new legal challenge against Paramount Skydance Corp. NASDAQ:PSKY, a film and television entertainment company, and Warner Bros. Discovery Inc. NASDAQ:WBD, a film and television programming company, arguing that their proposed $110 billion merger could wea…
Federal Communications Commission (FCC) Chairman Brendan Carr weighed in on the proposed Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) merger and outlined the agency’s ongoing scrutiny of Walt Disney Co. (DIS), including reviews tied to its DEI initiatives, broadcast license renewals…
Paramount Skydance (PSKY, Financials), the media company behind Paramount Pictures, CBS and its streaming operations, is facing a new legal threat to its planned $110 billion purchase of Warner Bros. Discovery.California and 11 other states sued Monday to block the deal, arguing that combining the…
Paramount Skydance Corp.'s (PSKY) proposed $110 billion acquisition of Warner Bros. Discovery Inc. (WBD) has hit a fresh legal hurdle after California and 11 other states filed a lawsuit seeking to block the deal on antitrust grounds.The lawsuit, filed in the U.S. District Court for the Northern Di…
Arete Research analysts have raised concerns about Paramount Skydance Corp. NASDAQ:PSKY, the parent company of CBS and other media businesses, as it prepares to acquire Warner Bros. Discovery Inc. NASDAQ:WBD, a major media company, for $110 billion. The transaction, announced in late February and e…
Warner Bros. Discovery Inc. (WBD) share price gained nearly 1% on Wednesday after the firm unveiled a major restructuring of its advertising technology stack, utilizing autonomous artificial intelligence from Amazon Web Services to merge its television and digital commercial operations into a singl…
Paramount’s $110B bid for Warner Bros. Discovery Series A (NASDAQ:WBD) faces EU scrutiny with a July 22 decision after unspecified remedies, while the UK may also probe the deal — even as Seaport Global upgrades WBD to Buy with a $31 target, reflecting investor optimism amid regulatory uncertainty…
