In April, five streaming subscribers filed a federal lawsuit seeking to block Paramount Skydance’s $111 billion deal to swallow up Warner Bros. Discovery on antitrust grounds. Paramount on Thursday (June 3) filed a motion with the court seeking to have the case dismissed, arguing that the plaintiffs’ allegations that the merger violates antitrust laws “do […]

Paramount said to today that competition authorities in Australia and New Zealand, as well as Saudi Arabia, Ukraine, Serbia and North Macedonia have approved its pending merger with Warner Bros. Discovery. Foreign direct investment authorities in Germany, Slovenia, Belgium, Czechia, New Zealand, Italy, France and Romania are also on board, the David Ellison-run company said […]

Gerhard Zeiler, the President of international at Warner Bros. Discovery (WBD), has called on big players to “get rid of an exclusivity mindset” when it comes to content. Zeiler appeared to suggest WBD will better leverage YouTube in the future, meeting audiences, especially younger, “where they are.” Zeiler noted that WBD has six-month exclusivity on […]

The chief legal counsel of Paramount Skydance, Makan Delrahim, has alleged that some opponents of the David Ellison-led company’s pending $111 billion takeover of Warner Bros. Discovery are motivated by “antisemitic views.” In an interview with the Los Angeles Times, Delrahim spoke about the backlash in the industry to the Paramount-WBD deal. To date, more […]