Paramount — page 2

Paramount, Warner Bros. Insiders Were Stunned by the Settlement With State AGs. Now They’re Girding for Inevitable Mass Layoffs

The general mood on both sides of the Warner Bros. Discovery and Paramount Skydance aisles on Monday was shock and surprise over the sudden turn of events. And now that Paramount-WB merger has the all-clear signal, staffers are gearing up for what are expected to be multiple rounds of layoffs in the next few months. […]

Variety•Todd Spangler22 Sept

• neutral toward Paramount · 87%

CNN Mood ‘Like a Funeral’ as Paramount’s Warner Bros. Win Casts New Haze on Next Steps

Just when staffers at CNN thought the news giant’s path to the future was becoming more clear, new fog has set in. In recent weeks, the Warner Bros. Discovery outlet appeared to have found its groove. Yes, its linear ratings are down noticeably from the era when it won notice for its aggressive coverage of […]

Variety•Brian Steinberg22 Sept

• critical toward CNN · 98%
• favorable toward Paramount · 80%

Merged Paramount-Warner Bros. Will Be a ‘Streaming Powerhouse,’ Wall Street Analysts Say — but Saddled With More Than $77 Billion in Debt

Paramount Skydance’s David Ellison has prevailed in his dogged pursuit of Warner Bros. Discovery. Now comes the hard part: making the economics of the combined company work, given an extremely high debt load of the combined media company. Following the announcement of Paramount’s settlement with the 12 Democratic state attorneys general resolving their antitrust case […]

Variety•Todd Spangler22 Sept

• critical toward Paramount-Warner Bros · 96%

What’s Next for Paramount

Hollywood watchers believe the studio prevailed over states seeking to block its deal for Warner Bros. Discovery. It’s now free to reshape the media industry.

The New York Times•Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Sri Muppidi22 Sept

• favorable toward Paramount · 91%

CNN, MS NOW and Politico sue Trump. And, Paramount settles in massive merger lawsuit

CNN, MS NOW and Politico have sued Trump after the networks were suspended from the White House. And, Paramount makes concessions to resolve a lawsuit over its massive Warner Bros. Discovery merger.

NPR•Brittney Melton22 Sept

• neutral toward CNN · 95%

States settle lawsuit with Paramount, paving way for Warner merger

Twelve states and Hollywood writers challenging Paramount’s buyout of Warner Bros. Discovery agreed to settle their lawsuits on Monday, effectively paving the way for the $81 billion mega merger to cross the finish line, with some new commitments from the company.

France 24•FRANCE2422 Sept

• neutral toward Paramount · 96%

The ‘Kid’ Takes Over: David Ellison Becomes a Hollywood Colossus

With Paramount and Warner Bros. under his control, Mr. Ellison will be “the Hollywood equivalent of Superman, Caesar and Midas combined.” But challenges remain.

The New York Times•Brooks Barnes22 Sept

Paramount settles lawsuit with 12 states over Warner Bros. Discovery merger

Paramount has struck a deal with a dozen state attorneys general that clears a way for the studio to merge with Warner Bros. Discovery.

NPR•Mandalit del Barco22 Sept

• neutral toward Paramount · 99%

California AG Rob Bonta discusses Paramount's settlement with states over merger plan

Twelve states' attorneys general settled their lawsuit with Paramount over its acquisition of Warner Bros. Discovery. NPR's A Martinez speaks with California AG Rob Bonta, who headed up the suit.

NPR•A Martínez22 Sept

• neutral toward Paramount · 99%

California Attorney General Bonta says states made demands in Paramount-Warner deal

The settlement brings a two-month legal fight over Paramount's Warner Bros. Discovery takeover closer to an end.

NPR•Majd Al-Waheidi22 Sept

Paramount Settlement Protects Pluto TV, Sets BET & Comedy Central As Potential Divesture Targets While Omitting Premium Channels & TV Studios

Here is a concession no one really asked for — the settlement of state attorneys generals’ anti-trust lawsuit over the proposed Paramount-Warner Bros. Discovery merger includes a provision ensuring that Paramount will keep Pluto TV or another free, ad-supported streaming service for the next five years. While Pluto TV is protected, the settlement spells out […]

Deadline•Nellie Andreeva22 Sept

Paramount settles with US states to clear Warner Bros. mega-merger

Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros. Discovery, officials announced Monday, creating a Hollywood empire spanning television, news and cinema.

France 24•FRANCE2421 Sept

• neutral toward Warner Bros · 94%

Paramount settles with US states, clearing path for Warner Bros. merger

Paramount has reached a settlement with California and 11 other states that clears a major legal hurdle to its $110 billion takeover of Warner Bros. Discovery, with the deal imposing commitments on film production, jobs and editorial independence at CNN and CBS News.

France 24•FRANCE 2421 Sept

• neutral toward Warner Bros · 96%

David Ellison: Me, Move? I Love L.A.

After telling top lieutenants he was serious about relocating Paramount from its century-old home if the states' lawsuit proceed, the mogul has now changed tune.

The Hollywood Reporter•Erik Hayden21 Sept

• neutral toward David Ellison · 85%

John Oliver Calls Out “Soon-To-Be Business Daddy” David Ellison & Throws Stephen Colbert Under The Bus

John Oliver took a dig at “soon-to-be business daddy” David Ellison on the latest episode of Last Week Tonight. The comedian is known to take jabs at his “business daddies,” and amid the Paramount-Warner Bros. merger, Oliver took a swipe at Ellison. While discussing UnitedHealthcare and its denial of insurance claims, Oliver gave an example […]

Deadline•Armando Tinoco21 Sept

• neutral toward David Ellison · 79%

Paramount To Keep Headquarters In Los Angeles Post-Merger: “We Aren’t Going Anywhere”

Paramount is not leaving California — at least not anytime soon. The settlement of the anti-trust lawsuit filed by 12 state attorneys general calls for the company, which is set to acquire WBD shortly, to keep both the Paramount lot on Melrose and the Warner Bros. lot in Burbank for the next five years. “We […]

Deadline•Nellie Andreeva21 Sept

Paramount agrees invest $1.5 billion in domestic movies and create a board for editorial independence at CNN, CBS as part of deal for Warner Bros.

Paramount on Monday agreed to settle an antitrust lawsuit filed by 12 states, the last big obstacle blocking the company's $81 billion acquisition of Warner Bros. Discovery.

Fortune•Mae Anderson, The Associated Press21 Sept

• neutral toward Paramount · 98%

Paramount, US states settle antitrust lawsuit over Warner Bros. acquisition

Paramount Skydance has settled a lawsuit with a dozen US states that sought to block its acquisition of Warner Brothers, as well as with the Writers Guild of America. California's Attorney General said that while the settlement addressed concerns over competition and protection, it did not mean a vote of support for the deal.

France 24•Yuka ROYER21 Sept

• neutral toward Warner Bros · 99%

CNN and CBS News Will Soon Have An “Editorial Independence Board.” Here’s What That Means

As part of the settlement between Paramount and the state AGs, the news organizations will have a board of journalists monitoring their work, and disputes with management.

The Hollywood Reporter•Alex Weprin21 Sept

• neutral toward CNN · 99%

Paramount Shares Fall After Antitrust Deal, But Wall Streeters Marvel At Favorable Terms

While Warner Bros. Discovery shares soared 11%, as is often the case of a company about to be acquired, while Paramount shares stumbled on news the companies’ merger will take another two weeks to complete. The stocks’ divergent movement came after news Monday morning of a settlement between Paramount and 12 state attorneys general. A […]

Deadline•Dade Hayes21 Sept

• favorable toward Paramount · 72%