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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.
Investing.com -- Paramount Skydance said on Friday it had secured all regulatory clearances required under its merger agreement to acquire Warner Bros. Discovery, removing the final regulatory obstacle to the proposed combination after an eight-month review spanning 68 countries.
Traders are growing more confident that the $110 billion merger between Paramount Skydance Corp. and Warner Bros. Discovery Inc. will move forward despite an ongoing legal battle with US states.
When regulators threaten to block a merger, the company on the other side usually offers something replaceable. A distribution deal. A regional station. A slice of market share nobody will miss. Paramount Skydance just put its most recognizable news brand on the table instead. Chief Legal Officer ...
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Paramount’s second quarter results were shaped by continued growth in its streaming and studio segments, alongside disciplined cost control initiatives. Management attributed improved profitability to a stronger slate of theatrical releases, double-digit subscriber and engagement growth for Paramount+, and a successful focus on operational efficiencies. CEO David Ellison pointed to the nearly doubled theatrical slate and expanded sports content portfolio as key contributors, stating, “We nearly
On-location productions in Los Angeles held just 4,711 shoot days in Q2, according to industry group FilmLA, down 13% year-over-year.
Paramount Skydance (NASDAQ:PSKY) insiders just showed up in SEC filings selling stock, and that headline rarely looks good. But look past the sale and something more interesting shows up: how much these executives kept. CEO David Ellison and Chief Strategy and Operating Officer Andy Gordon each unloaded shares on August 7, purely to cover taxes […]
Andrew Mark Brandon-Gordon disposed of shares to cover RSU vesting taxes, retaining 417,000 direct shares worth $3.8 million.
This non-discretionary sale was tied to RSU vesting.
Makan Delrahim made the disclosure at Politico’s California Agenda conference, according to Reuters, signaling that Paramount is willing to go beyond internal safeguards to salvage a deal that has become one of the most politically charged media mergers in years. Warner Bros. Discovery is the publicly traded parent of CNN (NASDAQ: WBD), and the merger’s fate directly determines whether Ellison’s Paramount consolidates control over both CBS News and the cable network.
Paramount in recent months has discussed creating an editorial board for CNN and other safeguards to ease concerns over its news operation’s independence, according to people familiar with the situation. Paramount, which owns CBS News, has agreed to buy CNN parent Warner Bros. Discovery for $81 billion. The internal discussions about establishing an oversight committee for news have come up as the company has planned for the deal’s closing, the people said.
Paramount Skydance Corporation’s (NASDAQ:PSKY) roughly $110 billion deal to buy Warner Bros. Discovery, Inc. (NASDAQ:WBD) remains frozen, after the two companies agreed not to close it until five days after a trial verdict or June 1, 2027, whichever comes first. A coalition of 12 states led by California, plus the Writers Guild of America, sued […]
DTC revenue surged 9% while streaming subscribers hit 81.6 million.
CEO David Ellison has suggested a possible move as the antitrust battle drags on over the company’s Warner Bros. deal.
California's Attorney General slams Paramount's leaders, claiming they are attempting to "blackmail the state into letting an illegal deal."
Consumer stocks were lower late Tuesday afternoon, with the State Street Consumer Staples Select Sec
Warner Bros. Discovery (NASDAQ:WBD) reported second quarter 2026 results on August 6, and the numbers landed while the company’s fate is tied up somewhere else entirely: a federal courtroom deciding whether its $31-per-share sale to Paramount Skydance can proceed. Anyone holding this stock right now is really holding two separate stories. Bull Case: A Deal […]
California accused Paramount of "blackmail" on Tuesday over a reported threat to pull the company out of the state because of lawsuits aimed at stopping its mega-merger with Warner Bros.If the merger eventually closes, the new combined company would control a vast array of assets, including CNN, Warner Bros.
Paramount Skydance stock has delivered a steep 73.6% decline over the past five years, yet its valuation checks now point to a company that screens as cheap on several fronts rather than stretched. Over the last five years the share price has fallen 73.6%, which means long term holders have taken a heavy hit even before looking at today’s valuation. Stronger momentum in streaming and expected cost savings from the Skydance tie up can support earnings. At the same time, the delayed Warner...
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The modeled fair value for Paramount Skydance has been cut from US$11.79 to US$10.12, which reflects a reduction of about 14% in the price target embedded in the latest assumptions. Many analysts link this lower target to growing concern about deal risk, balance sheet pressure and a long legal timeline around the Warner Bros. Discovery process, even as opinions remain split on the company’s operational progress. Read on to see how this evolving narrative could shape the way you track...
Paramount Skydance (NASDAQ:PSKY) said its second-quarter performance reflected progress in its efforts to expand streaming, rebuild its studios business and reduce costs, while management reaffirmed confidence in the company’s proposed combination with Warner Bros. Discovery. Chairman and Chief Exe
The U.K. Competition and Markets Authority (CMA) on Thursday said it gave Paramount the green light to acquire Warner Bros. Discovery.
📣 “We have every expectation the transaction will close.” —Warner Bros. Discovery CEO David Zaslav, speaking to analysts today about Paramount's agreement to buy the company, which has faced legal challenges of late.
Find insight on Warner Bros. Discovery, Deutsche Telekom and more in the latest Market Talks covering technology, media and telecom.
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.
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