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Anna Cooban reports on the British government’s decision to clear Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery due to assurances on media diversity from the company.

British regulators on Thursday gave Paramount the greenlight for its $81 billion takeover of Warner Bros. Discovery, with some new assurances from the company — clearing another hurdle for the mega merger while it still faces challenges elsewhere. The U.K.'s Competition and Markets Authority cleared the pending acquisition, ruling that a Paramount-Warner tie up does not pose a “substantial lessening of competition” in the country. Meanwhile, Britain's Department for Digital, Culture, Media and Sport said it also wouldn't intervene — on the basis of several “legally-binding commitments” from Paramount related to its footprint in U.K. broadcasting and on-demand entertainment.

Warner Bros. Discovery (WBD) reported a surprise second-quarter profit on Thursday amid double-digit

The deal still faces substantial legal challenges in the U.S., where state attorneys general have sued to block the purchase.

The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity.

(Update with Paramount's statement in the penultimate paragraph.) The UK's Competition and Market

Warner Bros. Discovery narrowed its profit in the second quarter, hurt by a large charge, as revenue fell.

Paramount's digital business expanded, but declining television revenue and merger litigation keep financial execution under pressure.

PSKY beats Q2 earnings and revenue estimates as DTC strength, a Studios turnaround and cost discipline offset TV Media weakness, with a solid Q3 outlook.

The March start date means Paramount will owe more than $1 billion in daily penalties before a judge ever rules on the deal

Paramount Skydance says it had the strongest upfront ad results since the CBS-Viacom merger. The company posted a 9% decline in total ad revenue for Q2, to $1.94 billion.

Moby summary of Paramount Skydance Corporation Class B Common Stock's Q2 2026 earnings call

The company lifted its adjusted EBITDA guidance to $3.8 billion–$3.9 billion, crediting savings from last year's Skydance merger

Paramount+ hits 82 million subscribers with record retention, while the company raises full-year guidance amid Warner Bros. Discovery deal optimism.

CEO David Ellison remains confident, citing regulatory approvals and market data to defend the $110 billion deal.

Paramount Skydance (PSKY) just reported its second quarter results, with sales of US$6.91b and net income of US$41m. Sales for the first half reached US$14.26b, with net income of US$209m. See our latest analysis for Paramount Skydance. Despite the Q2 earnings beat and progress toward the Warner Bros. Discovery acquisition, Paramount Skydance’s recent 7 day share price return of 5.41% sits against a weaker backdrop. The year to date share price return is down 36.42% and the 5 year total...

Paramount Skydance (NasdaqGS:PSKY) has received formal clearance from the European Commission for its acquisition of Warner Bros. Discovery. This approval addresses a key regulatory step in Europe after reviews in multiple major jurisdictions. The decision was announced as most global regulatory approvals for the transaction have now been secured. For investors following Paramount Skydance, the company operates at the intersection of filmed entertainment, television and streaming, where...

A federal judge has set a March 2027 trial date for the antitrust challenges to Paramount’s acquisition of Warner Bros. Discovery.

The headline numbers for Paramount Skydance (PSKY) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Paramount Skydance reaffirmed plans to close its Warner Bros. Discovery merger even as the deal faces an antitrust challenge.

Multinational media and entertainment corporation Paramount (NASDAQ:PSKY) reported Q2 CY2026 results beating Wall Street’s revenue expectations, but sales were flat year on year at $6.91 billion. The company expects next quarter’s revenue to be around $7.05 billion, close to analysts’ estimates. Its non-GAAP profit of $0.18 per share was in line with analysts’ consensus estimates.

Paramount’s streaming service continued to grow in the latest quarter, helping to narrowly offset another sales decline for its television unit.

Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its ‌planned $110 billion acquisition of Warner Bros. Discovery. Ellison reiterated that ​he fully expects "the transaction to close."

Aug 4 (Reuters) - Lawsuits challenging Paramount Skydance's acquisition of Warner Bros. ‌Discovery will go to trial in March ‌2027, a federal judge in California ruled on Tuesday.

A California federal judge said Tuesday that the antitrust trial will begin March 2 with an expectation that it will run for 12 court days. The timeline the judge laid out in a written order is much later than the November 2026 start date Paramount had sought. The order will prove costly for Paramount.

📣 "I believe this fight is not really about market share...The issue is whether I can be trusted as a steward of Warner’s CNN...When it comes to our news operations, I do not aspire to lead these companies to bend their newsrooms to my views.

Vince Lombardi once said “We didn’t lose the game; we just ran out of time.” Hollywood has seen this movie before, and only a decade ago.

Multinational media and entertainment corporation Paramount (NASDAQ:PSKY) will be reporting results this Tuesday after the bell. Here’s what investors should know.

Video podcasting and gaming could be revenue generators for Netflix, but there isn't anything on the immediate horizon to help reverse stock price losses.

Watch 1st LA CorpGov Forum Highlights: CorpGov will host the second LA CorpGov Forum on Friday, Sept. 18, 2026 at The Huntington Library in San Marino, California. The forum will begin at 2:00pm and feature an afternoon of panels, firesides and networking, followed by a networking reception at 5:00pm with cocktails and hors d’oeuvres. This […] The post Preliminary Speakers: 2nd LA CorpGov Forum Sep 18 Featuring Sports, Entertainment, VC & PE appeared first on CorpGov.