12 states file lawsuit to block $110 billion Paramount-Warner Bros. merger

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing 12 states file lawsuit to block $110 billion Paramount-Warner Bros. merger 02:04 UP NEXT ‘All You Can Eat’ Meals Return at Olive Garden, Applebee’s, More 04:04 Hasbro launches floral Play-doh for adults seeking hands-on hobbies and nostalgia 01:28 … Read more

12 states sue to block Paramount-Warner Bros. Discovery merger

A coalition of a dozen states on Monday sued to block Paramount Skydance’s acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation’s largest media companies. Attorneys general from the 12 states, led by California Attorney General Rob Bonta, claim that the merger would … Read more

British government may ‘intervene’ in Paramount’s takeover of Warner Bros.

The British government suggested Tuesday it may challenge Paramount Skydance’s blockbuster $110 billion takeover of Warner Bros. Discovery, a merger that has drawn scrutiny on both sides of the Atlantic. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Lisa Nandy, the United Kingdom’s culture and media secretary, … Read more

Justice Department clears way for Paramount Skydance to buy Warner Bros. Discovery

Federal antitrust enforcers on Friday cleared Paramount Skydance’s $110 billion deal to buy Warner Bros. Discovery.  In a statement, the Department of Justice’s Antitrust Division said it had closed its probe of the acquisition after determining that the transaction “is not likely to result in harm to competition or American consumers.” “The extensive investigatory record … Read more

Justice Department approves Paramount Skydance’s acquisition of Warner Bros. Discovery, source says

The Justice Department has signed off on Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery, a person familiar with the matter told NBC News, clearing the way for a merger that will unite two historic Hollywood studios and reshape the American entertainment industry. Subscribe to read this story ad-free Get unlimited access to ad-free … Read more

Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In a fiery letter to the Justice Department obtained by … Read more

What’s next after Warner Bros. shareholder approval of Paramount Skydance acquisition

Warner Bros. Discovery shareholders voted on Thursday to approve Paramount Skydance’s acquisition of the company in a deal valued at roughly $81 billion. Paramount Skydance is the parent company of CBS News. CBS News senior business and tech correspondent Jo Ling Kent reports on the vote and next steps. Source link

Warner Bros. Discovery shareholders approve Paramount Skydance merger

The biggest media merger in years is inching closer to the finish line. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Warner Bros. Discovery shareholders voted Thursday to approve the company’s acquisition by Paramount Skydance, a tie-up that would unite two of Hollywood’s most storied film studios under … Read more

David Ellison vows Paramount–Warner Bros. Discovery merger won’t cut film output

LAS VEGAS, Nev. — Paramount Skydance Chief David Ellison made a surprise appearance at CinemaCon on Thursday, assuring movie theater owners that the studio’s planned acquisition of Warner Bros. Discovery would not hurt the movie business. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “I wanted to look … Read more