Paramount Skydance reports mixed second-quarter results
LOS ANGELES, CALIFORNIA, Aug 4 : Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $110 billion acquisition of Warner Bros. Discovery. The entertainment giant's revenue rose 1 per cen
Judge Sets Paramount-Warner Bros. Antitrust Trial for March 2027
The judge hearing the antitrust case seeking to block the Paramount-Warner Bros. Discovery merger has issued a preliminary scheduling order, with a trial set to start in March 2027 — considerably later than Paramount was hoping for. Judge Araceli Martinez-Olguin on Tuesday issued a ruling that said the trial will run a
Judge Sets Paramount-WBD Merger Antitrust Trial For March
A federal judge has set the Paramount-Warner Bros. Discovery merger trial for next March. The date is much closer to the timeline sought by state attorneys general and the Writers Guild America, who sued to block the transaction. U.S. District Judge Araceli Martínez-Olguín wrote that the trial will take place from Marc
Ellison defends Paramount merger, argues he can ‘be trusted as a steward of CNN’
Media executive David Ellison is defending Paramount’s bid to purchase Warner Brothers Discovery and defending himself against accusations of implementing political bias at his media properties. In an op-ed published by the New York Times on Tuesday, Ellison said he “shouldn’t put a finger on the scale, especially on m
Korean remake of 'The Intern' sets Sept. 16 opening
"The Intern" will open in local theaters on Sept. 16, distributor Warner Bros. Korea said Tuesday. The film is a remake of the 2015 Hollywood comedy written and directed by Nancy Meyers, starring Robert De Niro as an intern at a fashion startup run by Anne Hathaway's CEO. The film grossed $194 million worldwide and per