Deals & M&A
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Paramount’s Makan Delrahim Says Threat to Move Out of California ‘Was Not a Bluff’
TheGrill 2026: The media giant’s chief legal officer unpacks how the settlement with 12 state AGs came together and addresses concerns around politics and CNN’s independence
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Deals & M&A
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Judge Approves Paramount-Warner Bros. Merger Settlement
The move clears the final hurdle for the $110 billion deal’s closing
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Rob Bonta ‘Vehemently and Respectfully Disagrees’ That He ‘Caved’ on Warner Bros.-Paramount Suit
TheGrill 2026: The California Attorney General says David Ellison’s threat to move out of the state, as well as calls to settle from Gavin Newsom, Karen Bass and Xavier Becerra, had “no influence” on his decision
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Deals & M&A
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California AG Rob Bonta ‘Concerned’ About CNN’s Future Under Paramount: ‘Our Information Ecosystem Is Broken’
Speaking at TheWrap’s TheGrill conference, Bonta points to editorial safeguards for CNN and CBS News
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Ynon Kreiz to Serve as Co-CEO of Combined Paramount-Warner Bros.
Conde Nast CEO Roger Lynch is succeeding Kreiz as chairman and CEO of the toymaker
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Casey Bloys to Run Combo HBO Max-Paramount Streamer, Cindy Holland Exits Ahead of Merger
The former Netflix and Sister exec has run Paramount+ since the closing of the Paramount-Skydance merger
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Paramount Pushes $44 Billion Debt Offering to Finance Warner Bros. Acquisition
The studio is awaiting final approval of its settlement with 12 state AGs by a federal judge
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Paramount, State AGs Brush Off Warner Bros. Merger Settlement Concerns, Say Deal Is ‘Reasonable Compromise’ Negotiated at ‘Arm’s Length’
The comments come in response to criticism outlined in a letter from Sen. Corey Booker
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David Ellison’s CNN Challenge Is Already Here
The Media Front: The Paramount CEO had dinner with Trump amidst the president’s ban on the network
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Business
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Block the Merger Groups Urge CA Court to Reject ‘Procedurally Unfair’ Paramount Settlement
“The Attorney General for the lead Plaintiff State, California, publicly criticized the very behavioral remedies that the parties now ask the Court to approve,” their amicus brief notes
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MGM Resorts Considering Bid for People Inc.
The move comes after the Barry Diller-owned publisher withdrew a takeover bid for the hospitality company
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Judge Holds Off on Paramount-Warner Bros. Merger Settlement Ruling
Araceli Martínez-Olguín ordered the parties to respond to concerns from Sen. Cory Booker by Monday
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RedBird Capital Takes Majority Stake in Puck at $250 Million Valuation
Media startup tells staff the investment will fuel acquisitions, new markets and expansion while preserving editorial independence
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Paramount to Raise $7.5 Billion in Debt to Help Fund Warner Bros. Discovery Merger
The funds will also be used to help pay down certain existing debt
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Judge Grants Block the Merger Coalition’s Motion to Oppose ‘Weak and Unenforceable’ Paramount-WB Settlement
The order comes as Judge Araceli Martinez-Olguin will address “certain outstanding questions” related to the proposed settlement during a Thursday hearing