Film Studios
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Peacock Finally Turns a Profit Ahead of NBCUniversal Split, But It’s Not Smooth Sailing From Here
Comcast co-CEO Mike Cavanagh warned Wall Street that the streaming service’s profitability would vary quarter to quarter, based on the timing of sports schedules and other content
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Business
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Paramount-Warner Bros. Merger Cleared by European Commission With Conditions
The approval comes as the deal was paused by a lawsuit from 12 state AGs in the U.S.
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Paramount-Warner Bros. Ticking Fee: Everything You Need to Know About the M&A Time Bomb
The ticking fee is an unusual element that applies immense timing pressure on the $110 billion merger’s closing
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Deals & M&A
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Paramount-Warner Bros. Merger Timeline: What’s Next After That Restraining Order?
A preliminary injunction hearing is set for Aug. 3
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Paramount-Warner Bros. Merger Is on Pause. Here’s What Happens Next
Judge Araceli Martínez-Olguín has set a preliminary injunction hearing for Aug. 3
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Business
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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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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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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 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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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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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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Paramount Gets Offer to Set Up HQ in Tennessee as California Aims to Block Warner Bros. Merger
“Companies that choose Tennessee find more than a favorable business climate — they find a state committed to helping them succeed,” Deputy Gov. Stuart McWhorter writes in a letter to CEO David Ellison
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Rob Bonta Blasts Trump for Dropping the Ball on Paramount Deal: ‘It Would Be Better if They Just Did Nothing’
The California attorney general says the proposed $110 billion deal would lead to higher prices, fewer shows and movies
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12 State AGs Sue to Block Paramount-Warner Bros. Merger: ‘Protect This Iconic Industry’
“California’s film and entertainment industry touches the lives of Americans daily. We’re going to court to fight for a free and fair market,” Rob Bonta says
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Paramount-WBD Merger: Oregon AG Withdraws Records Request, Motion to Delay to ‘Consider Next Steps’
ODOJ tells TheWrap that the David Ellison-led media giant thinks they’re “above the law” after refusing to comply and that it won’t “let them waste Oregonians’ resources on these games”
