Deals & M&A
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Paramount’s Makan Delrahim Slams State AG Lawsuit: ‘Weaponization of Antitrust Law’
The media giant’s chief legal officer also reveals a list of possible concessions has already been sent to California’s Rob Bonta
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Netflix Paid $587 Million in Cash for Ben Affleck’s AI Startup InterPositive
The figure was disclosed in a regulatory filing by the streamer on Friday
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Paramount-Warner Bros. Merger: Judge Will Rule on Temporary Restraining Order by Wednesday
State AGs argued the $110 billion deal would give the combined company more leverage over movie theaters and cable distributors, increase consumer prices and reduce content output
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Democrat Lawmakers Urge DOJ to ‘Closely Scrutinize’ Fox’s $22 Billion Roku Acquisition
Sen. Elizabeth Warren and Rep. Becca Balint also asked the agency to commit to a review that is “free from political interference and in an impartial fashion”
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Netflix Stock Extends Losses Another 8% on Weak Forecast, Shift to Fewer Engagement Updates
Despite posting second-quarter results in-line with Wall Street expectations, it was not enough to quell investors’ concerns about the company’s future growth
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Judge Denies Preliminary Injunction in Paramount-Warner Bros. Consumer Lawsuit
Araceli Martínez-Olguín determined that plaintiffs failed to show irreparable harm or that their case would have a likelihood of success
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Paramount Calls the States’ Antitrust Case Against Warner Bros. Merger ‘One of the Weakest’ in Modern History
The David Ellison-led company says states’ challenge ignores the competitive media landscape and should not block the $110 billion WBD deal
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Netflix Shares Sink 8% as Execs Fend Off Wall Street’s Growth Concerns: ‘All Hours are Not Created Equal’
While second-quarter revenue increased, the streamer offered a tepid full-year forecast amid questions about audience engagement
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Rob Bonta Rebuffs FCC’s Claim That States Could Drop Paramount Lawsuit With CNN Spinoff: ‘Literally Never Said This’
“Spinning off one channel from a media conglomerate is not a sufficient remedy to protect consumers,” the California attorney general adds
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Paramount State AG Lawsuit Swaps Judges After ‘Appearance of Bias’ Request
The case is now under Judge Araceli Martínez-Olguín, who is overseeing a separate consumer lawsuit brought against the company
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Paramount Investors Sue David and Larry Ellison Over Alleged Trump Side Deal
The complaint alleges the Ellisons concealed promises to overhaul CNN to help secure approval of Paramount’s proposed WBD acquisition
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Ex-Obama and Trump Advisors Agree: Paramount-WBD Merger Is Good for Hollywood | Guest Column
Based on their joint analysis, Stephen Moore and Robert Wolf argue that the Paramount–Warner Bros. Discovery transaction should move forward
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Lionsgate Attracts Takeover Interest From Banijay
Europe’s Bollore Group and Mediawan have also reportedly expressed interest
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FCC Chair Doubts State AG Lawsuit Against Paramount-Warner Bros. Will Succeed
Brendan Carr says reports of California AG Rob Bonta’s interest in a CNN sale are “a bit of a tell that this really isn’t a legitimate antitrust case”
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Brendan Carr Accepted Paramount Gifts While FCC Reviewed Company Deals
A ProPublica report scrutinizes the FCC chair’s acceptance of Paramount-funded gala tickets, amid the company’s $110 billion merger with Warner Bros. Discovery
