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The Latest Breaking News from Warner Bros Discovery

Warner Bros Calls Amazon's Hiring a 'Lawless Employee Shopping Spree' in New Poaching Lawsuit

Warner Bros. Discovery has sued Amazon, accusing it of poaching executives and interfering with fixed-term employment contracts.

International Business Times UK

Paramount Skydance's $110 Billion Warner Bros. Discovery Acquisition Faces New Blow as Union Joins Fight Against Merger

The proposed $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) by Paramount Skydance, Inc. (NASDAQ:PSKY) is facing growing opposition after the Screen Actors Guild-American Federation of Television and Radio Artists, or SAG-AFTRA, backed a multistate legal effort to block the deal.

Benzinga

Why is the BBC not broadcasting the Glasgow Commonwealth Games 2026?

THE BBC is only showing this year's Commonwealth Games, which is being hosted in Glasgow, in Gaelic

The National (Scotland)

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Warner Bros.-Paramount Merger Is Temporarily Blocked in the United States. EU Regulators Just Cleared It

European Union antitrust regulators have approved Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, clearing one of the transaction's biggest regulatory hurdles.

International Business Times

WGA Files for Injunction to Block Paramount-Warner Bros. Merger Ahead of 3 Aug Court Date

The Writers Guild of America is legally challenging the Paramount-Warner Bros. Discovery merger, citing concerns over reduced competition and writer compensation. A court hearing is set for 3 August.

International Business Times UK

Judge says Paramount and Warner Bros Discovery must halt merger for at least two weeks

A federal court has intervened to temporarily suspend the merger of Paramount and Warner Bros Discovery following objections from twelve states concerned about competitiveness in the film industry. The judge’s restraining order will pause the merger for a minimum of two weeks, providing the states the opportunity to argue their…

The Economic Times

Stocks Pressured as Middle East Hostilities Boost Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. September E-mini S&P futures (ESU26 ) fell -0.20%, and September E-mini Nasdaq futures...

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Warner Bros. Discovery's Acquisition By Paramount Has Been Halted Its Shares Dropped

Paramount's acquisition of Warner Bros. Discovery has been paused until early August.

International Business Times

Paramount Skydance Stock Hits 52-Week Lows as Judge Pauses Merger: Here’s What Happens Next

Paramount Skydance (NASDAQ:PSKY) stock hit new 52-week lows Monday on the heels of a judge pausing the company’s megamerger with Warner Bros. Discovery (NASDAQ:WBD). Here’s the update.

Benzinga

Why The Warner Bros. And Paramount Merger Was Just Temporarily Blocked By A Judge

This marks yet another chapter in this legal saga.

Cinemablend

Plot Twist: 12 States Could Stall the Paramount-Warner Bros. Discovery Mega-Merger

A 12-state antitrust lawsuit threatens to delay Paramount Skydance's $110 billion merger with Warner Bros. Discovery, exposing both companies' weak balance sheets to costly penalty deadlines.

MarketBeat

Writers Guild sues to block Paramount deal, saying it would hurt writers

The Writers Guild has sued to block Paramount's acquisition of Warner Bros Discovery. This legal action follows a similar lawsuit filed by California and eleven other states. The guild argues the merger will reduce competition and suppress writer wages. Paramount contends the deal will expand opportunities and increase production for…

The Economic Times

Hollywood still has time to avoid the gaming industry's disastrous consolidation endgame

It's already bad times in movies & TV, but blocking the Paramount and Warner Bros. merger would stop another disaster in the making.

PC Gamer

Paramount could soon ditch Hollywood headquarters and head out of state under Trump-allied new owner: report

The merger of Paramount and Warner Bros. Discovery would see CBS, CNN, HBO, Nickelodeon and the Warner Bros. and Paramount film studios, among other properties, all under the same roof

The Independent UK

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International Business Times

Paramount Made A Bid to Acquire Warner Bros.-Discovery. Now 12 States Are Suing to Block the Merger.

A coalition of 12 U.S. states filed a lawsuit Monday seeking to stop Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, arguing the blockbuster media merger would reduce competition, drive up prices for consumers and further consolidate power in Hollywood.

The Economic Times

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

California and eleven states are suing to block Paramount's acquisition of Warner Bros. Discovery. They allege the deal would lessen competition in film distribution and cable television markets. This lawsuit poses a serious threat to Paramount's bid to compete with Netflix and Disney. Paramount claims the deal will allow more…

The Economic Times

US states could sue next week to block Paramount-Warner Bros deal, sources say

Several U.S. states are preparing to sue Paramount over its Warner Bros. Discovery acquisition. California is leading the investigation into potential competition law violations. This merger faces opposition from Hollywood actors and theater owners fearing job losses. Paramount argues the combination will help it compete for audiences and talent. A…

International Business Times UK

Game of Thrones Isn't Over—Why HBO Keeps on Turning Westeros Into a Billion-Dollar Business

Warner Bros. Discovery is expanding the Game of Thrones franchise into a long-term entertainment powerhouse with new video games, spin-offs, and films.

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The Guardian - AU

‘It’s all a set-up’: the ‘fake’ Australian documentary TV series mining governments for millions

Long-running TV series Aussie Gold Hunters and Outback Opal Hunters have received funding set aside for documentaries – but insiders claim much of the on-screen drama is scripted

Fortune

Trump stopped talking about these media stocks, but his portfolio didn't stop trading them

Trump, Comcast and Warner Bros. Discovery: a story of silence, activity and pending M&A deals.

The Independent UK

Top CNN star to leave network ahead of Paramount takeover and possible Bari Weiss leadership

The merger would put both CBS and CNN under the same ownership, causing worries for CNN staff

Benzinga

Paramount Skydance Scrambles to Clear EU Hurdle in $110 Billion Warner Bros Discovery Mega-Deal As Review Deadline Gets Extended

Paramount Skydance Corp (NASDAQ:PSKY) has reportedly put forth solutions to address the European Union’s competition concerns over its $110 billion acquisition of Warner Bros Discovery (NASDAQ:WBD).

International Business Times UK

UK Government Warns Paramount-Warner Deal Could Merge HBO Max, CNN and Channel 5 Under One Media Giant

The UK government is considering intervening in Paramount's $110 billion acquisition of Warner Bros. Discovery due to concerns about media plurality and competition, with a decision expected after 6 July.

France 24

UK government likely to challenge Paramount takeover of Warner Bros. Discovery

The British government says it could step in to challenge Paramount Skydance's $110 billion takeover of Warner Bros Discovery. Also, French inflation slowed to just 1.8 percent in June year-on-year, down from 2.4 percent in May. Plus, more than 1 million undocumented people in Spain apply to obtain legal status…

Evening Standard

Government ‘minded to intervene’ over £83bn Warner Bros Discovery takeover

In February, Paramount agreed to buy the studio after triumphing over Netflix in a lengthy bidding battle.

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