California Governor Gavin Newsom indicated he would support a proposed settlement between Paramount Global and Warner Bros. Discovery, contingent upon the agreement meeting state interests.

Republican attorneys general from Iowa and Montana have urged the Supreme Court to block Democratic states' antitrust lawsuit against the Paramount Global-Warner Bros. Discovery merger, while separately, The Match Factory has acquired international distribution rights to four restored Apichatpong Weerasethakul films at the Venice Film Festival.

Actress Jane Fonda has publicly criticized Paramount Global for labeling Mark Ruffalo’s criticism of a media merger as “antisemitic,” calling the accusation a smear tactic to delegitimize his stance.

The actor publicly criticized Paramount Global after the studio suggested his opposition to a major media buyout relied on harmful stereotypes.

Paramount Global has submitted an offer to the European Commission for approval of its acquisition of the film and media conglomerate Warner Bros. Discovery.

Former Paramount Global executive Brendon Thomas has joined Radial Entertainment as its new Chief Revenue Officer, where he will oversee revenue generation through the company's library and acquisitions.

JPMorgan has increased its loan to Warner Bros. Discovery to $10 billion, reportedly in anticipation of a potential merger with Paramount Global. This significant financial backing signals progress towards a major media consolidation.

Proxy advisory firm Glass Lewis has advised Warner Bros Discovery shareholders to vote in favor of the proposed deal with Paramount Global.

Former Legendary Entertainment exec Deborah Kaufmann has joined Sipur Studios as its new chief of global content. The position is new for the studio, which recently added former Paramount Global chair Shari Redstone as part of its management team as chair. At Sipur, Kaufmann will handle development projects, as well as finding IP for the […]

Paramount Global is seeking to resolve legal disputes with twelve U.S. states over its Skydance acquisition by demanding a massive performance bond as part of the proposed settlement.

Republican attorneys general from Iowa and Montana have petitioned the U.S. Supreme Court to intervene and block an antitrust lawsuit filed by twelve Democratic state AGs seeking to prevent Paramount Global’s acquisition of Warner Bros. Discovery.

The California Attorney General’s office has escalated its public criticism of Paramount Global, signaling deeper regulatory or antitrust concerns regarding the media conglomerate’s operations and market practices.

Paramount Global and Warner Bros. Discovery are both scheduled to report their quarterly earnings this week, with their potential merger still pending. The financial reports come as the proposed deal between the two media giants remains in limbo.

The British government announced it is likely to intervene in the proposed $110 billion merger of Warner Bros. Discovery and Paramount Global, potentially complicating the megamerger of the two Hollywood studios.

Paramount Global has hired Shuwanza Goff, a former Biden White House official, to lead its Democratic U.S. government affairs efforts. Goff previously served as deputy director of the White House Office of Legislative Affairs.

Bankers are reportedly preparing a $49 billion debt sale for Paramount Global, intended to finance its acquisition of Warner Bros. Discovery. This move signals a significant financial maneuver in the media industry.

Richard Blumenthal seeks records from FCC and Paramount Global amid claims of political censorship Sign up for the Breaking News US email to get newsletter alerts in your inbox US Senate Democrats are launching an investigation into whether the Federal Communications Commission (FCC) and CBS parent company, Paramount, prevented Stephen Colbert, the network’s talkshow host, from broadcasting an interview with the Texas Democratic candidate, James Talarico. Richard Blumenthal, the ranking Dem...

The media conglomerate has hired a prominent attorney known for handling high-stakes corporate disputes, signaling a shift in its legal strategy amid ongoing industry pressures.

The proposed merger between Paramount Global and Skydance Media remains stalled due to an ongoing antitrust lawsuit, creating uncertainty for Warner Bros. Discovery during a critical period for the media conglomerate.

The proposed media merger between Paramount Global and Warner Bros. Discovery is heading to court as regulators challenge the deal on antitrust grounds.

Paramount Global may be forced to sell major children's television networks, including Nickelodeon and Cartoon Network. This potential divestiture is aimed at saving the Warner Bros. Discovery merger from an unfavorable EU ruling.

Proxy advisory firm Glass Lewis has recommended that Warner Bros. Discovery shareholders approve the proposed deal with Paramount Global. This recommendation comes amidst ongoing discussions regarding the potential merger.

A new lawsuit alleges Donald Trump told Oracle founder Larry Ellison he could secure Warner Bros. Discovery for Paramount Skydance over Netflix. Paramount Global has dismissed the claims as baseless.