Paramount Skydance‘s $111 billion agreement to merge with Warner Bros. Discovery is not quite a done deal, but the company is preparing for the deal to close within the next few weeks. In an SEC filing Friday, Paramount said its board on Sept. 25 “determined to voluntarily withdraw the listing of its Class B common
Warner Bros. has delayed “Gremlins 3” from Nov. 19, 2027, to Oct. 6. 2028. David Zaslav, the CEO and president of Warner Bros. Discovery, first revealed the project during an investor call in 2025. Steven Spielberg is returning as executive producer. “Harry Potter” filmmaker Chris Columbus is set to produce and direct, with a screenplay
The general mood on both sides of the Warner Bros. Discovery and Paramount Skydance aisles on Monday was shock and surprise over the sudden turn of events. And now that Paramount-WB merger has the all-clear signal, staffers are gearing up for what are expected to be multiple rounds of layoffs in the next few months.
Paramount reached a settlement on Monday resolving the antitrust lawsuit that delayed its acquisition of Warner Bros. Discovery, as reported earlier by The New York Times. If approved by the courts, this would remove the last major obstacle to the proposed $111 billion merger, creating one of the world’s largest media companies. The deal includes
Movie studio Paramount on Monday agreed to settle an antitrust lawsuit filed by 12 states, the last big obstacle blocking the company’s $81 billion acquisition of Warner Bros. Discovery in a deal that would transform the movie industry landscape. In the settlement, which still needs to be approved by a judge, Paramount agreed to terms including
Paramount Skydance has settled a lawsuit with dozens of US states, removing a major hurdle to its $110bn (£82.8bn) merger with Warner Bros Discovery. California Attorney General Rob Bonta told a news conference that state officials agreed to terms after securing commitments to protect competition across film and television, and broadcasting. Still, “the settlement is
