Paramount, Warner to halt merger
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Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
Paramount Skydance is continuing to insist that the David Ellison-led company's $111 billion takeover of Warner Bros. Discovery will bring "new competitive energy to the entertainment ecosystem," in the words of its top lawyer — not reduce competition.
More than 100 productions fall under the two companies’ various studios. By Rick Porter Television Business Editor Stop me if you’ve heard this before: A big media merger may cause a major reset of the TV studio business. It happened after Disney ...
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As Warner Bros. shareholders OK sale to Paramount, a legendary studio approaches the end of an era
The era of Hollywood’s “Big Five” studios is one step closer to its end. Warner Bros. Discovery shareholders voted Thursday to approve the sale of the company to Paramount Skydance for $110 billion, reducing the number of major independent studios in ...
Paramount CEO David Ellison has made a bold pledge to the movie theater industry: if his company’s proposed merger with Warner Bros. Discovery clears regulatory approval, the combined studio will release 30 films theatrically every year. The crowd at ...
