Warner Bros. Discovery
Coverage of Warner Bros. Discovery in the Nexus archive.
- Mark Ruffalo fires back at Paramount over 'appalling' antisemitism accusation tied to Ellison merger criticism
Mark Ruffalo responded to Paramount after it accused him of injecting 'antisemitic tropes' into his criticism of the Ellison family's proposed Warner Bros. Discovery merger. Ruffalo stated that criticizing Israeli actions, military technology contracts, or related executives is not comparable to criticizing Jewish people. The conflict stemmed from Ruffalo posting remarks accusing Oracle, co-founded by Larry Ellison, of promoting technologies used in relation to Israel.
- Paramount's threat to leave California divides Hollywood
A proposed $111 billion merger between Paramount and Warner Bros. Discovery was challenged by California's attorney general and 11 other states, leading to a roadblock. Following this, Paramount Skydance CEO David Ellison threatened to move operations out of California if the deal is not approved.
- This Mysterious “Astroturf” Group Popped Up to Defend the Paramount Merger
A state attorney general challenging the mega-merger between Paramount Skydance and Warner Bros. Discovery is being targeted by a mysterious nonprofit called Neighbors for Strong Communities. This group sent text messages encouraging support for the merger, which the attorney general has sued to block in court. Free-speech advocates labeled the activity an "astroturf" campaign due to the lack of transparency regarding the group's donors.
- Paramount is demanding states post a $1.88 billion bond over its stalled Warner Bros. merger
Paramount is demanding that states post a $1.88 billion bond related to its stalled Warner Bros. merger. The company reports that every month of court-ordered delay incurs a cost of approximately $7 million per day in ticking fees owed to Warner Bros. Discovery shareholders.
- Warner Bros. Discovery's streaming revenue grew 10% as Paramount merger heads to trial
Warner Bros. Discovery reported that its streaming segment surpassed $3 billion in revenue, marking a 10% growth. However, the company's total quarterly revenue declined by 11% and missed Wall Street expectations as the Paramount merger moves toward trial.
- Paramount-Warner Deal Cleared by UK Antitrust Watchdog
Paramount Skydance Corp.'s $110 billion takeover of Warner Bros. Discovery Inc. has received approval from the UK’s antitrust watchdog. Regulators determined that the proposed deal does not raise any competition concerns in Britain.
- Paramount–Warner Bros. Discovery judge sets 2027 trial date for antitrust fight
A federal judge set a March 2027 trial date for antitrust lawsuits challenging Paramount's acquisition of Warner Bros. Discovery. The delay imposes significant financial costs on Paramount, which must pay $7 million daily in ticking fees until the merger closes, and reflects opposition from state attorneys general and the Writers Guild of America. Paramount CEO David Ellison defended the deal, emphasizing CNN's editorial independence.
- David Ellison's Paramount would owe more than $1 billion to WBD shareholders based on the March trial date a judge set
Paramount Skydance may owe over $1 billion to WBD shareholders due to a federal judge setting the trial date for its merger on March 2. The company agreed to pay $7 million daily in ticking fees starting September 30, with a potential $7 billion termination fee if the merger fails.
- Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger
Paramount Skydance reported second-quarter earnings and raised full-year profit guidance. The company stated it remains confident in its proposed merger with Warner Bros. Discovery.
- Paramount's David Ellison seeks to distance himself from partisan politics after courting Trump
Paramount Skydance CEO David Ellison attended President Donald Trump's State of the Union address and sought DOJ approval for his Warner Bros. Discovery (WBD) deal. Now facing a lawsuit from 12 Democratic states, Ellison published an op-ed distancing himself from partisan politics and defending the merger as necessary to compete with tech giants like Netflix and Amazon.
- Why Paramount might win its case and still run out of time to acquire Warner Bros. Discovery
Paramount Skydance delayed its Warner Bros. Discovery acquisition to June 2027 amid a legal challenge from 12 state attorneys general. The delay risks worsening challenges like financing costs and shifting market dynamics, with historical parallels to AT&T's delayed Time Warner acquisition allowing competitors like Disney to gain streaming advantages.
- Careful what you bid for: The Ellisons’ Paramount/WBD deal is slipping toward a costly legal and financial cliff
Paramount Skydance agreed to acquire Warner Bros. Discovery for $110 billion, but the deal faces legal challenges from a coalition of state attorneys general led by California’s Rob Bonta, who argue it would create antitrust concerns and reduce competition in media. Paramount has delayed the merger until after a trial verdict or June 2027, with conflicting demands over the trial date.
- The Ellisons may still get Warner Bros. But it won't be easy.
Larry and David Ellison's Paramount is attempting to acquire Warner Bros. Discovery, but a court challenge from California's attorney general has delayed the deal. The legal dispute has created uncertainty about whether the Ellisons will succeed in their acquisition plans.
- Benedict Cumberbatch, Alan Cumming and Benedict Wong urge UK to take action against Paramount-Warner Bros. merger
Benedict Cumberbatch, Alan Cumming, and Benedict Wong urged the UK to oppose the Paramount Skydance and Warner Bros. Discovery merger, warning of threats to industry competition, jobs, and power concentration. The actors cited concerns about reduced independent film acquisitions and the impact of consolidation on creative output.
- David Ellison's Paramount agreeing to delay its WBD deal is actually a big flex
Paramount Skydance agreed to delay its $110 billion merger with Warner Bros. Discovery until June 2027 or after a trial, despite a lawsuit from 12 states alleging anticompetitive practices. The delay involves a 'ticking fee' of $7 million daily, which Paramount's financial backers, including CEO David Ellison and his father Larry Ellison, are positioned to absorb due to the deal's scale.
- CNN staffers see Paramount merger as 'inevitable' despite legal battle delaying Ellison takeover
CNN staff view the Paramount-Warner Bros. Discovery merger as inevitable despite a legal delay. The $111 billion deal, approved by the EU and U.S. Justice Department but blocked by a California antitrust lawsuit, remains on hold until next year. CNN insiders report low morale amid leadership changes and uncertainty about the network's future under David Ellison.
- Blocking the Paramount-Warner Brothers merger won’t save Hollywood
The Paramount-Warner Brothers merger faces a temporary restraining order from a Joe Biden-appointed federal judge, leading to an agreement between the companies. The sale of Warner Bros. Discovery has been marked by financial struggles, restructuring attempts, and competing acquisition bids.
- Warner Bros. is suing Amazon for poaching employees
Warner Bros. Discovery has filed a lawsuit against Amazon, alleging the company is illegally poaching employees such as Pia Barlow, a senior VP for originals marketing. The complaint claims Amazon is engaging in a 'lawless employee shopping spree' and riding on the 'coattails of other well-established Hollywood mainstays.'
- Amazon accused of poaching HBO employees in Warner Bros. lawsuit
Warner Bros. Discovery has sued Amazon, accusing it of poaching HBO employees and inducing them to breach their contracts.
- Paramount, Warner agree to delay merger amid legal challenges
Paramount and Warner Bros. Discovery agreed to delay their $110 billion merger amid legal challenges from 12 states and the Writers Guild of America, which argue the deal would violate antitrust laws by reducing competition. A federal judge temporarily blocked the merger, citing concerns over market consolidation and potential harm to consumers and the entertainment industry.
- Paramount delays closing Warner buyout while judge considers states' challenge
Paramount and Warner Bros. Discovery have delayed closing their $81 billion merger until next year while a judge evaluates a challenge from 12 states seeking to block the deal. A temporary restraining order was granted, and the case is moving toward an antitrust trial, with both sides claiming victory.
- Paramount agrees to delay Warner Bros. merger amid lawsuit
Paramount has agreed to delay its merger with Warner Bros. Discovery until as late as June 2027. Twelve states have challenged the deal, claiming it would create a harmful 'media behemoth' for the US entertainment industry.
- Paramount delays closing Warner buyout while judge considers states' challenge
Paramount and Warner Bros. Discovery have delayed closing their $81 billion merger until next year as a judge evaluates a challenge from 12 states. A temporary restraining order and a postponed hearing indicate the case is moving toward a larger antitrust trial, with both sides claiming the delay supports their positions.
- Paramount agrees to delay closing its Warner Bros buyout for months while judge considers challenge
Paramount and Warner Bros. Discovery have agreed to delay their $81 billion merger for at least two weeks following a federal judge's order to halt the transaction while a challenge is considered.
- Paramount agrees to delay closing its Warner Bros buyout for months while judge considers challenge
A federal judge ordered Paramount and Warner Bros. Discovery to pause their $81 billion merger for at least two weeks. The delay allows time for the judge to review a challenge to the deal.
- Paramount agrees to delay closing its Warner Bros buyout for months while judge considers challenge
Paramount and Warner Bros. Discovery must pause their $81 billion merger for at least two weeks as a federal judge considers a challenge to the deal. The court order requires the companies to delay closing the buyout while the legal challenge is reviewed.
- Paramount agrees to delay closing its Warner Bros buyout for months while judge considers challenge
A federal judge ordered Paramount and Warner Bros. Discovery to halt their $81 billion merger for at least two weeks. The delay allows time for the judge to consider a challenge against the deal.
- Paramount agrees to hold off on Warner Bros. merger
Paramount agreed to delay its $111 billion acquisition of Warner Bros. Discovery due to a pending lawsuit from twelve state attorneys general seeking to block the merger. The merger has been halted until a judge’s decision.
- Paramount agrees to delay closing its Warner Bros buyout while judge considers challenge
Paramount has agreed to delay closing its $81 billion buyout of Warner Bros. Discovery until after a court decision on a challenge from 12 states led by California. The states argue the merger would reduce competition in Hollywood, while Paramount defends the deal as meritless.
- Paramount agrees to delay closing Warner buyout for months while judge considers states’ challenge
Paramount agreed to delay closing its $81 billion buyout of Warner Bros. Discovery until next year to allow a judge to evaluate a challenge from 12 states seeking to block the merger. A U.S. District Judge granted a temporary restraining order, citing concerns the deal could reduce competition in Hollywood.
- Paramount agrees to delay closing Warner buyout for months while judge considers states' challenge
Paramount agreed to delay closing its $81 billion buyout of Warner Bros. Discovery until 2027 while a judge evaluates a challenge from 12 states. A court granted a temporary restraining order, citing concerns about reduced competition, with both sides framing the delay as a strategic victory.
- Paramount agrees to delay closing its Warner Bros buyout for months
Paramount has delayed closing its $81 billion buyout of Warner Bros. Discovery until late 2027 due to a court challenge from 12 states alleging reduced competition. A judge granted a temporary restraining order halting the deal, with states arguing the merger would harm consumer choices in Hollywood.
- Paramount agrees to delay closing Warner buyout for months while judge considers states’ challenge
Paramount agreed to delay closing its $81 billion buyout of Warner Bros. Discovery until a court ruling on a challenge from 12 states or June 1, 2027. A judge granted a temporary restraining order, citing potential anti-competitive concerns, while the states argue the merger would reduce Hollywood competition and consumer choices.
- Paramount agrees to delay closing Warner buyout for months while judge considers states' challenge
Paramount agreed to delay its $81 billion buyout of Warner Bros. Discovery until a judge rules on a challenge from 12 states or June 1, 2027. A temporary restraining order was granted, citing concerns about reduced competition, with both sides framing the delay as a strategic victory.
- Paramount Skydance agrees to freeze its WBD mega-merger while the antitrust cases are decided
Paramount Skydance has agreed to pause its merger with Warner Bros. Discovery while antitrust cases from 12 US states and the Writers Guild of America are resolved, likely leading to a court battle. The merger freeze will last until five days after the cases are ruled or June 1, 2027, whichever comes first, with both companies' stock prices declining following the announcement.
- Paramount bracing for ‘long game’ as its $80B deal for Warner Bros. Discovery gets attacked in California
Paramount's $80B deal for Warner Bros. Discovery received initial approval from the Trump administration but faces opposition from a group of Democratic Attorneys General in California aiming to block the merger.
- Leaked presentation reveals David Ellison's top streaming priorities for Paramount+
Paramount+ is planning upgrades including micro dramas, free content access, and vertical podcast clips to boost engagement. These initiatives align with CEO David Ellison's strategy to enhance Paramount's streaming tech amid a paused merger with Warner Bros. Discovery.
- European Union gives its greenlight to Paramount and Warner's mega merger with some conditions
The European Union approved Paramount's $81 billion acquisition of Warner Bros. Discovery with conditions, including ending Paramount's partnership with Universal for film distribution in the European Economic Area. The merger faces ongoing challenges in the U.S., where a federal judge paused the transaction amid a lawsuit from 12 states.
- Paramount wins EU greenlight for $110B acquisition of Warner Bros. Discovery
Paramount has received conditional approval from the European Commission for its $110B acquisition of Warner Bros. Discovery, requiring compliance with specific commitments.
- EU gives Paramount's Warner Bros. acquisition the go-ahead
The EU has approved Paramount's acquisition of Warner Bros. Discovery in Europe, provided Paramount discontinues its distribution partnership with Universal. The approval is conditional on ending the distribution business with Universal.