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The Latest Breaking News from Warner Bros Discovery

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

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.

International Business 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

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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…

The Economic Times

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.

International Business Times UK

‘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

The Guardian - AU

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.

Fortune

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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

The Independent UK

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).

Benzinga

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.

International Business Times UK

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…

France 24

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.

Evening Standard

UK may intervene in $110 billion Paramount-Warner Bros Discovery deal

Britain is considering intervening in Paramount's proposed $110 billion takeover of Warner Bros Discovery, potentially delaying the deal despite approvals from the US and China. The UK's culture minister has set a July 6 deadline for responses, citing potential impacts on news and on-demand services. This move could trigger reviews…

The Economic Times

UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery

Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competition

The Guardian - UK

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Fortune

Comcast’s split brings former CFO Michael Angelakis back as CEO

Comcast will spin off NBCUniversal and Sky into a standalone media company, underscoring how finance chiefs are increasingly being tapped for the top job.

International Business Times UK

Why Anderson Cooper Resists Working for Bari Weiss After the CNN-CBS Merger

Anderson Cooper reportedly resists working under Bari Weiss amid a potential CNN-CBS merger, raising concerns about editorial independence and political influence in the media landscape.

The Independent UK

Anderson Cooper makes his feelings crystal clear on working for Bari Weiss at CBS News

Paramount’s merger with Warner Bros. Discovery will put both CBS and CNN under the same ownership

Salon

Why the DCU won't let "Supergirl" win

Milly Alcock brings a fresh energy to Superman's cousin that's snuffed out by a risk-averse studio culture

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The Guardian - US

Elizabeth Warren says ‘tsunami of anger’ could prompt reversal of Trump-era mega mergers

Exclusive: US senator suggests architects behind ‘frenzy’ of blockbuster corporate deals have ‘badly miscalculated’

Salon

Right-wing media wins the streaming wars

From the Murdochs to the Ellisons, conservative billionaires continue to monopolize media services

MarketBeat

The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A

The entertainment industry is entering a definitive consolidation phase where investors prioritize digital distribution gateways over content creation.

The Economic Times

Largest POW grave site: In 1944, the Japanese hellship Hōfuku Maru sank with over 1,000 Allied POWs aboard; in 2026, forgotten military documents led to a discovery no one expected 80 years later

A Japanese prison transport ship, the Hōfuku Maru, sunk in 1944, has been found off the Philippines coast. This discovery brings to light the forgotten story of 'hellships' used during World War II. These vessels carried Allied prisoners of war under brutal conditions. Many died from starvation, disease, or friendly…

MarketBeat

Plot Twist: How the $110B Paramount-Warner Deal Rewrites Media

The unprecedented federal clearance of the massive media merger transforms the entertainment sector and creates lucrative opportunities for modern investors.

The Guardian - US

Trump news at a glance: president’s name to be removed from Kennedy Center

Appeals court in Washington DC rejected emergency appeal seeking to pause the removal of Donald Trump’s name from the building on Friday – key US politics stories from Friday 12 June at a glance

AAP

Paramount Skydance merger with Warner Bros. Discovery won't harm competition, consumers, DOJ says

The U.S. Justice Department has determined that Paramount Skydance's proposed acquisition of Warner Bros

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