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Judge orders Paramount to temporarily pause Warner Bros. acquisition
Paramount's $110 billion acquisition of Warner Bros. Discovery is paused by a judge following a coalition of states' lawsuit citing competition concerns.
California, 11 states suing to block Paramount’s $110B Warner Bros deal
NEW YORK/LOS ANGELES, July 13 (Reuters) – California and 11 states are suing to block Paramount‘s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would lessen competition in film distribution and cable television, harming theaters and TV distributors. The lawsuit is a serious threat to Paramount CEO David Ellison‘s bid to transform his […]
House lawmakers press Paramount CEO on Warner Brothers acquisition
House Democrats press Paramount Skydance CEO David Ellison on potential media influence tied to Warner Brothers acquisition.
Warner Bros shareholders back $110B merger with Paramount Skydance
Warner Bros Discovery shareholders approved the $110 billion merger with Paramount Skydance, pending regulatory review in the U.S. and London.
Paramount debt to hit $79B after Warner Bros deal, no plan to sell cable assets
Paramount's merger with Warner Bros Discovery will create a combined entity with $79 billion net debt and no plans to sell cable assets, merging streaming services.
Paramount to cut 2,000 jobs after Skydance merger
General Motors is cutting about 1,700 jobs in Michigan and Ohio as slower EV demand and regulatory shifts reshape production plans.
