Paramount and California to Hold Preliminary Talks on Warner Bros. Deal

The discussions on Monday are an early effort to resolve a lawsuit that California and 11 other states filed to block Paramount’s $111 billion acquisition of Warner Bros. Discovery.

The proposed $111 billion merger between Paramount and Warner Bros. Discovery hit a roadblock after California's attorney general and 11 other states sued to stop it. That move was followed by Paramount Skydance CEO David Ellison threatening to take his operations out of California if the deal is not approved. William

As the battle between Paramount's David Ellison and Calif. AG Rob Bonta continues, WBD shares are almost near levels when the deal was announced.

"Industries rarely suffer because too many people are willing to make sensible long-term investments. The greater danger comes when investment stops," writes the owner of Phoenix Theatres.

BRUSSELS (Kyodo) -- Dutch Foreign Minister Tom Berendsen has said the Netherlands "stands firmly" behind the International Criminal Court headquartere

Los Angeles Mayor Karen Bass urged California attorney general Rob Bonta and Paramount to resolve their differences and “urgently” find a resolution to the 12-state antitrust lawsuit that is blocking Paramount’s takeover of Warner Bros. Discovery. Bass said at a press conference Thursday, “While there are varying persp

Paramount’s pending acquisition of Warner Bros Discovery has evoked a range of emotion in Hollywood, mainly fear among creatives at the planned merger of two more major studios. But now that uncertainty is tinged with panic after CEO David Ellison threatened to relocate his Los Angeles-based company to Tennessee, Texas

If Paramount acquires Warner Bros. Discovery it will still mean a loss of thousands of jobs in Hollywood over the next three years.

The settlement will end a case filed by a behind-the-scenes hitmaker who alleged he wrote a Rihanna track that appeared in the movie but was never paid for it.

The company says every month of court-ordered delay costs it roughly $7 million a day in ticking fees owed to Warner Bros. Discovery shareholders

Paramount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger  CNN

The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the acquisition in late July.

The Paramount-Warner Bros Discovery merger will face “sufficient competition” in the UK to prevent the combined Hollywood giant from gaining too much market power, the competition watchdog has said. In a full decision published on Monday, the Competition and Markets Authority (CMA) laid out why it cleared the £111bn ti