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Paramount CEO may remove operations from California over stalled merger Paramount's CEO David Ellison warns of a California exit if the US state does not agree to talks, according to reports. Paramount CEO David Ellison may pull his operations out of California if the state does not end its attempt to block the companys merger with Warner Bros Discovery and agree to settlement talks as so… [+5864 chars]
Source ↗Paramount delays closing Warner buyout while judge considers states' challenge Paramount said in a filing Friday that it won't close its Warner buyout until either a court ruling is made on the states' claims or June 1, 2027. The agreement comes just days after U S District Judge Araceli Martinez-Olguin granted a temporary restraining o… Paramount and Warner Bros Discovery have agreed to delay closing their USD 81 billion merger well into next year, a stunning move arrives as a judge continues to consider a challenge from 12 states s… [+5273 chars]
Source ↗Judge says Paramount and Warner Bros Discovery must halt merger for at least two weeks A federal court has intervened to temporarily suspend the merger of Paramount and Warner Bros Discovery following objections from twelve states concerned about competitiveness in the film industry. The judge’s restraining order will pause the merger for a min… A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their USD 81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their … [+5715 chars]
Source ↗US judge orders pause on Paramount–Warner Bros merger Paramount risks $650m quarterly fees if merger delays extend beyond September, as per the merger agreement terms. A coalition of 12 states led by California has prevailed in a recent plea to pause Paramount Skydances acquisition of Warner Bros Discovery, the parent company of studios including New Line Cinema an… [+3329 chars]
Source ↗States Sue to Block Paramount’s $110 Billion Warner Bros Discovery Deal California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television. The lawsuit filed in Oakland federal court, … California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and telev… [+4768 chars]
Source ↗11 states sue to block Paramount-Warner Bros deal California and 11 states have sued to block Paramount's $110 billion acquisition of Warner Bros Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television. California and 11 states have sued to block Paramount's $110 billion acquisition of Warner Bros Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and t… [+4845 chars]
Source ↗California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal By Jody Godoy and Dawn Chmielewski NEW YORK/LOS ANGELES, July 13 (Reuters) - California and 11 states sued to block Paramount's $110 billion acquisition of W... By Jody Godoy and Dawn Chmielewski NEW YORK/LOS ANGELES, July 13 (Reuters) - California and 11 states sued to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the deal … [+4945 chars]
Source ↗Paramount-WBD Merger Is Competition Killer, State Attorneys General Allege In Proposed Blockbuster Antitrust Action From Sacramento to Albany and several state capitols in between, regional attorneys general are steeled to stop Paramount Skydance’s $110 billion merger with Warner Bros Discovery in an antitrust lawsuit that could hit the courts Monday. Coming as barbed thre… From Sacramento to Albany and several state capitols in between, regional attorneys general are steeled to stop Paramount Skydance’s $110 billion merger with Warner Bros Discovery in an antitrust law… [+9368 chars]
Source ↗Paramount Honcho Blames Opposition to WBD-CNN Mega-Merger on Antisemitism Amid Deal Scrutiny A key Paramount figure recently blamed opposition to the WBD mega-merger on antisemitism, even as the deal's Qatari-Saudi financing is scrutinized by officials. The post Paramount Honcho Blames Opposition to WBD-CNN Mega-Merger on Antisemitism Amid Deal Scrut… screenshot A key Paramount figure recently blamed opposition to the Warner Brothers Discovery mega-merger which would include CNN on antisemitism, even as the deal’s Qatari and Saudi financing is sc… [+3360 chars]
Source ↗U.S. States Expected to Challenge Paramount/Warner Bros Deal: Report Just when you thought David Ellison's Paramount Skydance and David Zaslav's Warner Bros. Discovery were going to have a pretty smooth sailing ahead of what they're expecting to be a blessing from the Trump Administration for the two multimedia companies to me… Posted in: Games, HBO, Max, Movies, Paramount+, TV | Tagged: paramount, warner bros discovery Report: New York, California, and other U.S. states will file a lawsuit to block the planned Paramount S… [+3103 chars]
Source ↗No disclosed trades for $WBD.