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Warner Bros Discovery

Paramount Clears Global Regulators for $111B Warner Bros. Deal, Faces US Lawsuit Roadblock

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Paramount Skydance has officially secured clearance from 68 countries worldwide for its massive $111 billion acquisition of Warner Bros. Discovery, leaving a multi-state antitrust lawsuit as the sole obstacle to completing the mega-merger. Following approvals from the European Union, the U.S. Department of Justice, and most recently Mexico, Paramount CEO David Ellison is now ramping … Read more

Paramount CEO David Ellison Blames State AGs for Antitrust Suit as Mexico Approves Merger

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Paramount CEO David Ellison has publicly criticized 12 state attorneys general for their antitrust lawsuit halting a massive $111 billion merger with Warner Bros. Discovery (WBD), even as Mexico joins 68 global jurisdictions in approving the deal. In a Friday news release, Paramount argued that the ongoing litigation imposes needless financial costs and business disruption, … Read more