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Judge in Paramount-State AGs Case Still Has Questions, Schedules Hearing on Settlement Terms

Paramount’s deal with the 12 state attorneys general to settle their antitrust lawsuit over the Warner Bros. Discovery merger is not official just yet: The judge in the case has some “outstanding questions” about the settlement, which requires her approval before it takes effect. In an order issued Tuesday, U.S. District Judge Araceli Martinez-Olguin granted […]

VarietyVarietyTodd Spangler18h ago

All the Top Shows, Movies and Networks in the Merged Paramount-Warner Bros: ‘Yellowstone,’ ‘Harry Potter,’ ‘Mission: Impossible’ and DC Under One Roof

In line with mega-mergers that have come before, the impending marriage of Paramount Skydance and Warner Bros. Discovery will lead to a media company packed with assets. What differentiates this deal — which is now in the clear to move forward — from others is the sheer amount of brands and intellectual property in play. […]

VarietyVarietyJennifer Maas21h ago
  • favorable toward Harry Potter · 91%
  • favorable toward Paramount-Warner Bros · 73%

Cinema United Says Paramount-WBD Deal To Settle Lawsuit Checks “Many” Of Exhibitors’ Boxes

Movie theater trade association Cinema United, who was an opponent of a Warner Bros Discovery acquisition from the onset, released a statement this morning, commending the four AGs work on settling with Paramount. “The consent decree includes language on increased film production for five years, meaningful theatrical exclusivity and wide distribution, prohibitions on cost increases, […]

DeadlineDeadlinePatrick Hipes22 Sept

List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More

Media layoffs across the entertainment industry are hitting hard after the past two years’ avalanche of job cuts. The unfortunate trend can still be felt following the Covid-19 pandemic, dual Hollywood strikes and — the latest event to hit Los Angeles hard: a series of wildfires that broke out in January 2025. As the entertainment […]

DeadlineDeadlineDessi Gomez22 Sept
  • neutral toward Paramount · 94%

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. […]

VarietyVarietyTodd 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 […]

VarietyVarietyBrian 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 […]

VarietyVarietyTodd Spangler22 Sept
  • critical toward Paramount-Warner Bros · 96%