Film Studios
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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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Amazon Plans to Spend $20 Billion More on AI. Wall Street Loves It
The over 9% gain in the tech giant’s share price stands in contrast to the hit Meta and Alphabet took on their AI investment plans
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Business
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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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Paramount Agrees to Push Warner Bros. Merger as Far Back as Summer 2027
The state AGs and WGA have withdrawn their requests for a preliminary injunction as they work on a trial start date
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Paramount-WBD Deal Delayed Again as Judge Extends Restraining Order by 2 Weeks
With Thursday’s ruling, the earliest David Ellison’s deal for Warner Bros. Discovery can close is Aug. 17
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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