Paramount
Coverage of Paramount in the Nexus archive.
- 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.
- Far-left socialist dealt major blow in battleground state primary and more top headlines
Multiple political flashpoints report setbacks for progressive factions, including Francesca Hong's defeat in Wisconsin and anti-Trump Dems being ousted after tough primary contests. Nationally, articles cite concerns over Russia helping China close the gap with US forces amid Taiwan tensions, while domestically, a coach launched a fiery defense of herself.
- 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's Warner Bros. merger is heading to an antitrust trial in March 2027
Paramount's merger with Warner Bros. is set to face an antitrust trial starting in March 2027. The company could face over $1 billion in daily penalties before a judicial ruling on the deal.
- Paramount CEO David Ellison confident about closing Warner Bros. deal despite lawsuit: ‘We’ll win at trial’
Paramount CEO David Ellison expressed confidence in finalizing the Warner Bros. deal despite ongoing legal challenges, while the company reported mixed second-quarter results with increased streaming and studio revenue counterbalancing television revenue declines.
- 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.
- Bari Weiss’s “60 Minutes” Hires Producer Who Downplayed Gaza Starvation, Justified Killing Journalists
Bari Weiss’s hire of Tanya Lukyanova for “60 Minutes” has drawn criticism due to Lukyanova’s past work downplaying Gaza starvation and justifying violence against journalists. The hiring reflects broader concerns about the right-wing shift of CBS News under Weiss and the Ellison family’s ownership.
- Paramount-WBD merger criticism based on David Ellison’s politics, future of CNN, CEO writes
David Ellison, CEO of Paramount, criticizes the Paramount-WBD merger based on politics and the future of CNN. He argues that news organization leaders should not influence company-related matters.
- FCC Commissioners Face Ethics Complaints for Taking Luxury Gifts From Paramount
Two government watchdog groups have filed complaints alleging Federal Communications Commission members violated ethics rules by accepting luxury Kennedy Center gala tickets from Paramount during merger reviews. The gifts, including $12,000 tickets to a 2025 event and skybox seats valued at $125,000, are tied to Paramount's $111 billion acquisition of Warner Bros. Discovery and a prior merger with Skydance.
- 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.
- Paramount CEO confident on Warner Bros. merger — as actors like Benedict Cumberbatch, Alan Cumming call for UK to block it
Paramount CEO is confident the Warner Bros. merger will proceed without legal issues, despite actors like Benedict Cumberbatch and Alan Cumming urging the UK to block the deal.
- AI is running on borrowed money
Wealth from Oracle, the giant tech company founded by Larry Ellison, is enabling Larry and his son, David, to become media moguls. David has taken control of Paramount and is leading an $111 billion bid to acquire Warner Bros.
- 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.
- Paramount agrees to pause merger during California court case
Paramount has agreed to pause its merger with Warner Bros., delaying the $110 billion acquisition until next year. The decision comes amid a California court case involving the merger.
- 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 says it will pause its Warner acquisition while legal challenges play out
Paramount has paused its acquisition of Warner due to legal challenges from a dozen states and the Writers Guild of America.
- 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 pause Warner Bros deal while court case plays out
Paramount has agreed to pause its Warner Bros deal pending a court case. The delay could cost Paramount $1.7bn in fees if the deal is not finalized by June 2024.
- 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 Warner Bros. merger into 2027
Paramount has agreed to delay its merger with Warner Bros. into 2027 to allow time for legal cases from states and the Writers Guild of America (WGA) to be heard.
- 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, owned by Skydance, has agreed to delay the closing of its $81 billion acquisition of Warner Bros. for months while a judge reviews a challenge from states.
- 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 agrees to delay WBD acquisition to as late as June 2027 amid legal challenge
Paramount has delayed its acquisition of WBD to as late as June 2027 from an earlier target of September's end due to a legal challenge. Paramount described the agreement as a 'significant win.'
- 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.
- Rob Bonta on blocking the Paramount merger, CNN concerns and Trump’s DOJ
Rob Bonta discusses blocking the Paramount merger, addressing CNN's concerns, and the Department of Justice under Donald Trump.
- 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.
- Steve Hilton on the Murdochs, David Ellison, and conservative media’s California
Steve Hilton, a former British Prime Minister David Cameron strategist and Fox News host, discusses his career in politics and media, his Republican gubernatorial campaign in California, and topics including David Ellison's Paramount, the Murdochs, and conservative media's portrayal of California. He contrasts his primary success against Spencer Pratt and reflects on his role in conservative media.
- European Union gives its greenlight to Paramount and Warner’s mega merger with some conditions
The European Union has approved Paramount's $81 billion takeover of Warner Bros. The approval comes with certain conditions.