Judge pauses $110B Paramount-Warner Bros. merger amid antitrust suit by 12 state AGs, delaying closing by 14 days and signaling ongoing regulatory scrutiny.
Paramount Skydance’s Ellison seeks to merge HBO Max and Paramount Plus after a Warner Bros. Discovery acquisition, aiming for about 200 million D2C subscribers, subject to regulatory approval.
Warner Bros. Discovery and Paramount Skydance have agreed to a $110 billion merger that would fold WBD's assets into Paramount, following earlier bids including a Netflix deal.
Warner Bros. Discovery’s board urges shareholders to reject Paramount Skydance and accept Netflix’s $82.7 billion bid to acquire WBD’s studio and streaming arms.
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