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Paramount Global and Warner Bros. Discovery are both scheduled to report their quarterly earnings this week, with their potential merger still pending. The financial reports come as the proposed deal between the two media giants remains in limbo.
The British government announced it is likely to intervene in the proposed $110 billion merger of Warner Bros. Discovery and Paramount Global, potentially complicating the megamerger of the two Hollywood studios.
Paramount Global has hired Shuwanza Goff, a former Biden White House official, to lead its Democratic U.S. government affairs efforts. Goff previously served as deputy director of the White House Office of Legislative Affairs.
Bankers are reportedly preparing a $49 billion debt sale for Paramount Global, intended to finance its acquisition of Warner Bros. Discovery. This move signals a significant financial maneuver in the media industry.
Paramount Global is re-entering the book business with the launch of a new publishing imprint, Paramount Global Publishing. The division will adapt the company's intellectual property into books and develop original stories for potential screen adaptations.
Richard Blumenthal seeks records from FCC and Paramount Global amid claims of political censorship Sign up for the Breaking News US email to get newsletter alerts in your inbox US Senate Democrats are launching an investigation into whether the Federal Communications Commission (FCC) and CBS parent company, Paramount, prevented Stephen Colbert, the network’s talkshow host, from broadcasting an interview with the Texas Democratic candidate, James Talarico. Richard Blumenthal, the ranking Dem...
Multiple U.S. states, led by California, have filed lawsuits to block the proposed merger between Paramount and Warner Bros. Discovery, citing concerns that the deal would stifle competition. Despite the legal challenges, Paramount still aims to finalize the merger by the end of September.
Former Paramount Global President Jeff Shell has settled the lawsuit filed by a gambler whose allegations led to Shell's resignation. The terms of the settlement indicate that Shell did not pay any money to the plaintiff.
Paramount Global may be forced to sell major children's television networks, including Nickelodeon and Cartoon Network. This potential divestiture is aimed at saving the Warner Bros. Discovery merger from an unfavorable EU ruling.
Proxy advisory firm Glass Lewis has recommended that Warner Bros. Discovery shareholders approve the proposed deal with Paramount Global. This recommendation comes amidst ongoing discussions regarding the potential merger.
A new lawsuit alleges Donald Trump told Oracle founder Larry Ellison he could secure Warner Bros. Discovery for Paramount Skydance over Netflix. Paramount Global has dismissed the claims as baseless.
Warner Bros. Discovery is reportedly considering engaging with Paramount Global following a new offer from the Ellison family, potentially shifting the state of play for the media giant.
Paramount Global has submitted an offer to the European Commission for approval of its acquisition of the film and media conglomerate Warner Bros. Discovery.
Former Paramount Global executive Brendon Thomas has joined Radial Entertainment as its new Chief Revenue Officer, where he will oversee revenue generation through the company's library and acquisitions.
JPMorgan has increased its loan to Warner Bros. Discovery to $10 billion, reportedly in anticipation of a potential merger with Paramount Global. This significant financial backing signals progress towards a major media consolidation.
Proxy advisory firm Glass Lewis has advised Warner Bros Discovery shareholders to vote in favor of the proposed deal with Paramount Global.
Former Legendary Entertainment exec Deborah Kaufmann has joined Sipur Studios as its new chief of global content. The position is new for the studio, which recently added former Paramount Global chair Shari Redstone as part of its management team as chair. At Sipur, Kaufmann will handle development projects, as well as finding IP for the […]