Deals & M&A
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Paramount Shows Streaming Progress as it Tiptoes Around Warner Bros. Merger Lawsuit
Paramount+ has reached nearly 82 million subscribers as the media giant’s streaming profits climbed 44% to $366 million
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Paramount-Warner Bros. Merger Antitrust Trial Set for March 2027
David Ellison will be on the hook for $1.06 billion in ticking fees by the time the 12-day trial starts on March 2
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Paramount-Warner Bros. Merger: Ari Emanuel Proposes Editorial Board to Oversee CNN
The WME Group executive chair called the move an “easy solve” to address concerns about the Ellison family’s ownership of the network and CBS following the $110 billion deal
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Unlocking Family Offices: Hollywood’s $22 Billion, Under-the-Radar Pipeline
Trade Secrets: Experts break down what the specialized investment firms are and where they’re investing in media and entertainment
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David Ellison Says Paramount-WBD Lawsuit Is About CNN, Shares His Politics
“I do not aspire to lead these companies to bend their newsrooms to my views,” the executive says in a New York Times op-ed
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Paramount Seeks November Warner Bros. Merger Trial While State AGs, WGA Ask for April
The David Ellison-led media giant wants to start as soon as possible, while the states and labor union say they need more time for discovery
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California Gov. Gavin Newsom Encourages State AGs to Settle Paramount-Warner Bros. Merger Lawsuit | Report
The Wall Street Journal reports Newsom is concerned employment in the state could suffer if the $110 billion deal is blocked
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Why Talent Agencies Are Hot With Investors
This week’s The Ledger also digs into more M&A deals and the continued saga of Paramount-WBD
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Business
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Paramount-WBD: Block the Merger Coalition Members Urge UK Culture Secretary to Intervene
The U.K. Competition and Markets Authority will decide whether to clear the $110 billion deal or launch a more in-depth investigation by Aug. 7
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Casey Wasserman’s The Team to Sell Full Ownership to Providence Equity
The major investor already owns about 60% of the agency
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Ari Emanuel Urges State AGs to Drop Paramount-Warner Bros. Merger Lawsuit
The WME Group executive chairman says ignoring competition in the streaming market and players like Amazon, A24, Lionsgate, Netflix and YouTube “doesn’t remotely reflect reality”
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Is NBCUniversal Really a Buyer After Comcast Split?
TheWrap explores CEO Mike Cavanagh’s options as he takes the company independent
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Deals & M&A
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SAG-AFTRA Backs WGA, State AG Opposition to Paramount-Warner Bros. Discovery Merger
The guild demands “enforceable safeguards against reduced production by the studios with guarantees of increases in the percentage of productions made in the USA”
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David Ellison Reassures Staffers Paramount-WBD Merger Will Prevail: ‘Let’s Go!’
“We remain highly confident that this transaction does not pose any legal issues, and we will complete it and bring these two companies together,” the CEO writes
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‘We Can Stop It’: Alan Cumming, Benedict Cumberbatch and Benedict Wong Urge UK Leaders to Block Paramount-WBD Merger
“In plain English, that means redundancies, cancelled productions, fewer films commissioned and fewer risks taken,” the actors warn
