Paramount and Warner Bros sued to block $110bn mega merger

UK government weighs intervention in Warner Bros. Discovery-Paramount merger

The Warner Bros. Discovery-Paramount merger has hit a potential roadblock after the UK government announced it is taking a closer look into the transaction. “Following engagement with the parties and independent research, my Department has today written to the current and proposed owners of Warner Bros. Discovery on my behalf to inform them that I

Coalition of states sue to stop Paramount-Warner megamerger

State attorneys general sued to block Paramount’s 111 billion acquisition of Warner Bros. Discovery that the Trump administration approved last month. The post Coalition of states sue to stop Paramount-Warner megamerger appeared first on MS NOW.

Paramount, WBD hit with lawsuit from 12 states, including California, to block merger

A group of states, including California, filed a lawsuit to block the merger between Paramount and Warner Bros. Discovery.

DC Boss Confirms Paramount CEO Has Already Met With James Gunn About DCU Future

There are major shifting tides in the entertainment industry, and one of the biggest is the impending merger between Warner Bros. Discovery and Paramount-Skydance. With Warner’s extensive library of TV and movie properties added to its own, Paramount will leapfrog to the forefront of the TV/movie industry, while also claiming a sizeable chunk of the []

States sue to stop Paramount-Warner Bros blockbuster merger

California is among the states suing to block Paramount from buying Warner Bros. Discovery in a Hollywood mega-merger that would unite some of the nation's largest movie studios and TV newsrooms.

Whining Actors Aside, There’s No Real Antitrust Reason To Block Paramount Merger

Nearly a year has passed since news broke that Paramount was preparing to acquire Warner Bros. Discovery (WBD).

States Sue to Block Paramount-Warner Bros. Merger, Defying DOJ

A coalition of 12 states filed an antitrust lawsuit on Monday to block the merger of Paramount Skydance and Warner Bros., defying the Department of Justice, which approved the deal last month. The coalition, led by California Attorney General Rob Bonta, alleges that the 111 billion transaction violates the Clayton Act by lessening competition in []

California, 11 states suing to block Paramount’s $110 billion Warner Bros deal

California, 11 states suing to block Paramount’s $110 billion Warner Bros deal

Dozens of states sue to block Paramount-Warner Bros. Discovery deal

Dozens of states sue to block Paramount-Warner Bros. Discovery deal

Ripple CEO Garlinghouse Reveals Company Nearly Shut Down During SEC Lawsuit

Brad Garlinghouse disclosed this week that Ripple's leadership seriously considered shutting down and distributing XRP to shareholders during the SEC's 1.3 billion lawsuit. The four-year legal battle cost 150 million but produced a ruling that reshaped how U.S. regulators treat digital assets.

States Prepare Lawsuit to Block Paramount’s Merger With Warner Bros.

A group of states are preparing to file a lawsuit to block Paramount’s acquisition of Warner Bros. Discovery as soon as this week, according to four people briefed on the plans, a legal challenge that would create a major obstacle for one of the biggest media mergers in history. A draft of the lawsuit currently []

It’s Not You, It’s NBC: the Great Media Breakup

Comcast splits from NBCUniversal as media companies realize bigger isn’t better.

US states could sue next week to block Paramount’s $110bn Warner Bros deal

A group of US states could sue as soon as next week to block Paramount’s 110 billion acquisition of Warner Bros. Discovery, two people familiar with the matter told Reuters, opening a fresh front against a deal that federal regulators have already waved through. The threat lands weeks after the Justice Department cleared the merger without [] This story continues at The Next Web

Elon Musk Just Lifted His Tesla Voting Stake to Nearly 20%. Could a SpaceX Merger Be Next?

Does consolidating this much control clear the path to the biggest merger in history?

If You Subscribed to YouTube TV or DirecTV, You Could Be Eligible for a Settlement Payout

Disney settled a lawsuit that alleged the corporation forced higher prices for live TV streaming subscriptions.

Comcast, NBCUniversal splitting into separate companies

Comcast, NBCUniversal splitting into separate companies

California, 11 other states sue to block Paramount's takeover of Warner Bros

Twelve states challenged Paramount’s takeover of Warner Bros.

Comcast stock jumps 24% for agreeing to break up with itself

The cable giant is separating NBCUniversal and Sky into an independent media company, ending a conglomerate structure investors have discounted for years.

Paramount Will End Universal Partnership as EU Demands Major Change Before Warner Bros. Discovery Merger Approval

The massive entertainment industry shakeup involving Paramount and Warner Bros. Discovery is moving closer to reality, but European regulators are requiring one major change before giving the deal their blessing: the end of a decades-old Paramount Universal partnership. According to a new report from Variety, Paramount is preparing to exit United International Pictures (UIP), its [] The post Paramount Will End Universal Partnership as EU Demands Major Change Before Warner Bros. Discovery Merger Approval appeared first on That Park Place.

Comcast Says It's Splitting Its Media and Tech Businesses. The Stock Is Soaring

Comcast Says It's Splitting Its Media and Tech Businesses. The Stock Is Soaring

Comcast plans to split media and technology businesses

Comcast's shares have soared after the US cable giant announced it would separate into two through a spin-off of NBCUiniversal and Sky.

Comcast's Breakup Just Created A $90 Billion Buying Opportunity

Comcast's Breakup Just Created A $90 Billion Buying Opportunity

ITV sells media and entertainment arm to Sky for £1.6bn

The two broadcasters say the deal will create a strong rival to global streaming giants.

Oregon AG to ask court to order Paramount to comply with merger probe

The Oregon attorney general ​will ask a ‌court to order Paramount to comply with investigative ​demands related to ​its bid to acquire Warner Bros, according ​to documents reviewed by ​Reuters.

Super Bowl champion Seattle Seahawks sold for NFL record $9.6B

The Seattle Seahawks are being sold in a formal agreement for 9.612 billion, according to a person familiar with the deal. The agreement to purchase the defending Super Bowl champions has been officially announced by the team but remains subject to approval by the NFL. NFL owners still have to ratify the final purchase agreement []...Click to read more

Comment to the FCC Regarding the Renewal of Certain Broadcast Licenses of the Walt Disney Company

Comment to the FCC Regarding the Renewal of Certain Broadcast Licenses of the Walt Disney Company

Directors Guild Pension Plan Sues MGM Pictures for Alleged Self-Dealing

The pay TV-slash-streaming arm of MGM, now called MGM+, allegedly inked a “sweetheart” licensing deal with its owner that shortchanged the union benefits plan.

Comcast Plans to Split NBCUniversal and Sky as Media Industry Pressure Builds

Comcast plans to split itself into two publicly traded companies, separating NBCUniversal and Sky from its broadband, wireless, and business-services operations in one of the largest media restructurings in years.

Business of Sports: Seahawks for Sale, NBA in Vegas

Bloomberg's Randall Williams joins Dani Burger and Scarlet Fu on Bloomberg Deals. The first round of bids for the Super Bowl champion Seattle Seahawks — set to be the biggest ever sale for an NFL team — were due Monday. Also former Disney CEO Bob Iger and Thrive Capital founder Joshua Kushner have hired investment bankers and discussed making a bid for the NBA expansion team in Las Vegas. (Source: Bloomberg)

ITV agrees to sell broadcasting arm to Sky for up to £1.6bn

The companies said the deal will combine the division with Sky to create a major competitor to the global streaming giants.

California, Other State AGs Sue to Block Paramount-Warner Megadeal

A coalition of a dozen states alleged the Hollywood merger would boost prices for consumers and lower quality for film and television.

Low-cost fuel retailers Gull and NPD complete merger as new NPDGull entity eyes further investment

Low-cost fuel retailers Gull and NPD complete merger as new NPDGull entity eyes further investment

Comcast plans to split into two companies, will spinoff NBC and Sky

Comcast unveiled plans Monday to split its media and technology businesses into two separately traded public companies as the entertainment industry reels from consumers abandoning the traditional TV bundle in favor of streaming services. The tax-free spinoff will separate NBCUniversal and Sky into a standalone media company while the remaining Comcast business will concentrate on its broadband, wireless and business services operations, according to the company's announcement.