Tag: paramount
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California AG says no settlement talks scheduled with Paramount
LOS ANGELES Aug 25 : California Attorney General Rob Bonta said on Tuesday there are no settlement talks scheduled with Paramount Skydance to resolve the antitrust suit seeking to block the studio’s proposed $110 billion acquisition of Warner Bros Discovery.Bonta said he canceled a scheduled Monday meeting af
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Paramount Skydance reports mixed second quarter as Warner deal faces March trial
LOS ANGELES, CALIFORNIA, Aug 4 : Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $110 billion acquisition of Warner Bros. Discovery. The entertainment giant’s revenue ro
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Paramount Skydance reports mixed second-quarter results
LOS ANGELES, CALIFORNIA, Aug 4 : Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $110 billion acquisition of Warner Bros. Discovery. The entertainment giant’s revenue ro
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Paramount agrees to delay Warner Bros. merger amid lawsuit
Paramount has agreed to freeze its merger with Warner Bros. Discovery until as late as June 2027. Twelve states have argued that the deal would create a “media behemoth” that would harm the US entertainment industry.
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Paramount Skydance ordered to pause Warner Bros acquisition through August 3
July 20 : Paramount Skydance must pause its $110 billion acquisition of Warner Bros. Discovery through August 3, a federal judge ruled on Monday after a California-led coalition of states argued the merger would irreparably harm competition.U.S. District Judge Araceli Martínez-Olguín in Oakland handed an ea
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Merger deal between Paramount and Warner Bros paused by judge
US court temporarily stops Paramount and Warner Bros merging after 12 states launched legal action.
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Analysis:US state officials fear Paramount-Warner deal will squeeze local movie theaters
July 14 – U.S. states suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they did before the pandemic. “While ticket prices will most likely go up, theaters will be forced to cut back o
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US: 12 states challenge Paramount’s buyout of Warner
The states have filed a lawsuit arguing that a merger of Hollywood giant studios Paramount and Warner would “extinguish competition” and increase consumer prices.
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California-led states sue to block Paramount’s $110 billion Warner Bros Discovery deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states sued to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.The lawsuit threatens to derail Paramount CEO David Ellison’s bid to tran
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California, 11 states suing to block Paramount’s $110 billion Warner Bros deal
NEW YORK/LOS ANGELES, July 13 : California and 11 states are suing to block Paramount’s $110 billion acquisition of Warner Bros. Discovery, alleging the deal would lessen competition in film distribution and cable television, harming theaters and TV distributors.The lawsuit is a serious threat to Paramount CE
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