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Paramount and a coalition of 12 state attorneys general defended their antitrust settlement on Monday from a series of criticisms raised last week by New Jersey Sen. Cory Booker. In separate filings, the two sides argued that the deal was vigorously negotiated, has “teeth,” and should not be subjected to an independent “public interest” review. […]
Fifty seasons later, one key factor of “Survivor” remains the same: the show’s approach to diversity. Longtime host Jeff Probst told The New York Times that “nothing has changed” in the reality competition series’ approach, despite Paramount’s rollback of DEI initiatives to align with Trump’s mandates in 2025. Diversity, he explained, is integral to the […]
Paramount CEO David Ellison's antitrust settlement eased some theatrical concerns, but questions remain about what happens when the five-year agreement ends.
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 […]
Peter Sarsgaard has joined the upcoming Paramount+ drama series “Laird,” Variety has learned. Sarsgaard will join previously announced lead Kenneth Branagh in the show, which was announced with a series order back in July. The logline for “Laird” states that it is “an epic family saga in which a proud Scot defies a shadowy American […]
David Ellison, CEO of Paramount Skydance, dined at the White House Thursday evening at the state dinner held for visiting Chinese President Xi Jinping — but the White House shut out reporters for CNN, the Warner Bros. Discovery-owned news network Ellison is on the cusp of gaining control over, as well as MS NOW. Ellison […]
SPOILER ALERT: This article contains spoilers for “Tomorrow’s Enterprise,” the Season 4 finale of “Star Trek: Strange New Worlds,“ now streaming on Paramount+. “Star Trek: Strange New Worlds” brought its fourth season to a close this week, with an episode that firmly sets up the show’s fifth and final season and teases the show’s entry […]
The judge overseeing the antitrust case filed by 12 state attorneys general seeking to block the Paramount-Warner Bros. Discovery merger questioned the parties about their settlement at a hearing Thursday. U.S. District Judge Araceli Martínez-Olguín has not yet ruled on whether to approve the proposed settlement, and set the virtual hearing to cover “outstanding questions” […]
Paramount Skydance said Thursday it is launching a syndication to raise $7.5 billion through a proposed senior secured incremental tranche of term “B” loans. The David Ellison-led company it will use the funds toward its $111 billion Warner Bros. Discovery merger and to pay down certain other debt. In total, Paramount said it now intends […]
CNN’s top executive told staffers Wednesday that he wants to stay at the news giant, but has little knowledge of what the outlet’s soon-to-be new corporate parent has in store. “I am enthusiastic about staying,” CNN CEO Mark Thompson told employees during a town hall meeting, according to two people with knowledge of his remarks. […]
The film producer, the son of one of the richest men on the planet, unblocks the fusion between Paramount and Warner to create a entertainment giant
When Rob Bonta sued to block the Paramount-Warner Bros. merger in July, he said he was doing so because the Trump administration had failed to act for political reasons. “They are greenlighting deals that their own antitrust section at U.S. DOJ knows and believes are unlawful, and they’re overriding them in the White House with […]
Paramount’s deal with the 12 state attorneys general to settle their antitrust lawsuit over the Warner Bros. Discovery merger is not official just yet: The judge in the case has some “outstanding questions” about the settlement, which requires her approval before it takes effect. In an order issued Tuesday, U.S. District Judge Araceli Martinez-Olguin granted […]
In a competitive situation, Paramount Television Studios and Skydance Sports have landed the spec script “Knockouts” from writers Clara Nevins and Harper Oreck, Variety has learned exclusively. Per the official logline, the show is “set against the glossy world of SEC sports and Southern sorority life, where four girls in a bottom-tier sorority use their […]
In line with mega-mergers that have come before, the impending marriage of Paramount Skydance and Warner Bros. Discovery will lead to a media company packed with assets. What differentiates this deal — which is now in the clear to move forward — from others is the sheer amount of brands and intellectual property in play. […]
Twelve states and Hollywood writers challenging Paramount’s buyout of Warner Bros. Discovery agreed to settle their lawsuits on Monday, effectively paving the way for the $81 billion mega merger to cross the finish line, with some new commitments from the company.
Paramount Skydance has reached an amicable agreement, which still needs to be approved by a California federal judge, in order to obtain the abandonment of the proceedings brought by twelve US states challenging the acquisition of Warner Bros Discovery. In particular, the group is committed to increasing its investment in film production and to creating a council on editorial independence of news channels.
We still have to wait for the validation of a judge, but the essential thing is done: Paramount Skydance agreed with twelve US states to terminate the proceedings challenging the acquisition of Warner Bros Discovery (WBD). "This merger has an economic stake with the taking of a dominant position, but also concerns about the editorial line" because changes have already been observed on CBS, reports France 24 correspondent in Los Angeles, Loïc Pialat.
Paramount Skydance reached an agreement with U.S. prosecutors. The U that unlocks the merger with Warner Bros. Discovery. The pact includes opening 30 films a year, investing in Hollywood and creating a work fund, while ensuring editorial safeguards for CNN and CBS.
Paramount Skydance has settled a lawsuit with a dozen US states that sought to block its acquisition of Warner Brothers, as well as with the Writers Guild of America. California's attorney general said that while the settlement addressed concerns over competition and protection, it did not mean a vote of support for the deal.
