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Hollywood Unions Pressure California AG for Swift Resolution in Paramount-Warner Bros. Merger Standoff
Culturevarietyhollywood-reporterdeadline1d ago3 sources

Hollywood Unions Pressure California AG for Swift Resolution in Paramount-Warner Bros. Merger Standoff

The Directors Guild of America (DGA) and IATSE have jointly urged California Attorney General Rob Bonta to settle his antitrust lawsuit with Paramount, arguing that prolonged uncertainty over the Warner Bros. Discovery merger is detrimental to the industry and jobs. They are pushing for a fast track on the standoff, potentially with conditions, to avoid a prolonged court battle.

Paramount Secures California Tax Credits Amid AG Battle
Culturehollywood-reporterdeadline3d ago2 sources

Paramount Secures California Tax Credits Amid AG Battle

Paramount has secured over $37 million in California tax credits for in-state filming, even as it faces a battle with the California Attorney General over a proposed merger. The AG accuses Paramount of spreading misinformation regarding the Warner Bros. Discovery merger.

Paramount's WBD takeover 'is not a done deal,' says California's attorney general
BusinessrzeczpospolitaBusiness Insiderdigi245mo ago3 sources

Paramount's WBD takeover 'is not a done deal,' says California's attorney general

California attorney general says, not so fast to Paramount Warner Bros. merger Christina House/Los Angeles Times via Getty Images California's attorney general is investigating Paramount's Warner Bros. merger, citing antitrust issues. California Attorney General Rob Bonta said the merger had not "cleared regulatory scrutiny." Netflix walked away from its bid for Warner Bros. on Thursday. Netflix dropped its bid for Warner Bros. Discovery, clearing a path for Paramount Skydance. But Californ...

UK Government Considers Intervention in Paramount's Warner Bros. Discovery Takeover
CulturebloombergFTThe Guardian+14SCMPFrance 24telexmarketwatchThe Independentn1-serbiaYahoojutarnji-list+6 more1mo ago17 sources

UK Government Considers Intervention in Paramount's Warner Bros. Discovery Takeover

The UK government is considering intervening in Paramount's proposed $110 billion takeover of Warner Bros. Discovery due to concerns over media ownership. This potential intervention could impact the significant merger between the two entertainment giants.

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain
Culturedeadline5mo ago

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain

The champagne corks may be popping right now at Paramount over the David Ellison-owned company’s successful bid for Warner Bros Discovery, but up in Sacramento the mood is far from celebratory  over the latest possible Hollywood mega-merger. “Paramount/Warner Bros is not a done deal,” California Attorney General Rob Bonta told Deadline this evening after Netflix […]

Paramount Considers Leaving California Amid Merger Resolution Talks
Culturedeadline2d ago

Paramount Considers Leaving California Amid Merger Resolution Talks

Paramount's Makan Delrahim stated that 'everything is on the table' for finding a merger resolution, including the consideration of leaving California. California AG Rob Bonta expressed openness to structural remedies but dismissed the promise of 30 movies a year as outdated.

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover
BusinessThe Guardian5mo ago

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover

Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses Rob Bonta, California’s attorney general, said his office will investigate a possible merger between Paramount Skydance and Warner Bros Discovery, hours after Netflix backed away from a planned takeover. “Paramount/Warner Bros is not a done deal,” Bonta said in a post on X. “These two Hollywood titans have not cleared regulatory scrutiny — the California Department of Justice has an open in...