Paramount Wins Key DOJ Approval For $110 Billion Warner Bros. Discovery Deal As Regulators Signal No Major Antitrust Concerns

The U.S. Department of Justice has approved Paramount's proposed $110 billion acquisition of Warner Bros. Discovery, concluding the merger is unlikely to harm competition or consumers. Paramount argues the deal will create a stronger competitor against dominant tech platforms. However, regulatory reviews continue in Europe and California, with a July 14 deadline set for European assessment.

06/12/2026, 10:22 PM • Benzinga

Paramount Accuses Netflix Of Waging 'Scorched-Earth Campaign' To Derail Warner Bros. Discovery Deal: Report

Paramount has accused Netflix of orchestrating a 'scorched-earth campaign' to undermine its proposed $110 billion acquisition of Warner Bros. Discovery. In a letter to the DOJ, Paramount countered union concerns about job losses, arguing the merger would create more jobs and boost competition. Netflix previously withdrew from bidding for Warner Bros. in February, while the deal also faces opposition from Senator Elizabeth Warren over national security concerns.

06/09/2026, 8:05 AM • Benzinga

Is Paramount's $110 Billion Warner Bros. Discovery Mega-Merger Getting Closer To DOJ Approval?

Paramount CEO David Ellison met with DOJ antitrust staff to discuss the proposed $110 billion acquisition of Warner Bros. Discovery. DOJ staff appeared persuaded by arguments that the merger would not negatively impact other studios or creative talent, though discussions remain ongoing. However, concerns persist from Senator Elizabeth Warren and California Attorney General Rob Bonta regarding content diversity and market concentration.

05/27/2026, 8:41 AM • Benzinga

Barry Diller Says He'd Buy CNN 'Tonight' Before It Becomes 'Extinct' Amid Warner Bros-Paramount Deal: 'So Ripe For Innovation...'

Media mogul Barry Diller expressed strong interest in acquiring CNN, stating he would buy it immediately to prevent further decline and drive innovation. He criticized CNN's lack of meaningful innovation over the past decade and warned that the Warner Bros. Discovery-Paramount Skydance merger will face a 'savage' integration process with significant cost cuts. Diller also revealed he explored deals for Vox Media and expressed skepticism about regional newspapers' viability without national-scale operations.

05/06/2026, 8:18 AM • Benzinga

Chris Murphy Vows To Break Up Media Giants Amid Paramount-Warner Bros. Discovery Merger Backlash

Sen. Chris Murphy (D-Conn.) vowed to dismantle large media conglomerates if Democrats regain power, targeting Paramount Skydance CEO David Ellison following his White House event. The threat comes as Warner Bros. Discovery's board approved its sale to Paramount Global, a deal facing regulatory scrutiny and opposition from over 1,000 entertainment industry figures who warn it would reduce competition and jobs.

04/25/2026, 11:25 PM • Benzinga

Paramount Declares Quarterly Cash Dividend

Paramount Skydance Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share, payable July 1, 2026, to shareholders of record as of June 15, 2026.

04/17/2026, 4:05 PM • Benzinga

David Ellison Defends Paramount-Warner Bros Deal, Says Hollywood Film Output Won't Suffer — 'Long Live The Movies'

Paramount Skydance CEO David Ellison defended the proposed merger with Warner Bros. Discovery at CinemaCon, pledging the combined studio would release at least 30 films annually with 45-day exclusive theatrical windows. The commitment aims to address regulatory concerns and industry criticism about consolidation reducing film output and competition, as lawmakers examine the roughly $110 billion deal's competitive impact.

04/17/2026, 3:11 AM • Benzinga

Hollywood Creators Urge Regulators To 'Block' Paramount-Warner Bros Deal—PSKY Responds

Over 1,000 Hollywood personalities, including Academy Award winners, have signed an open letter urging regulators to block the Paramount-Warner Bros. Discovery merger, citing concerns about media consolidation, reduced competition, and fewer opportunities for creators. Paramount defended the deal, arguing it would strengthen competition and maintain creative independence. The company has secured permanent financing for the acquisition, reducing debt from $54 billion to $49 billion.

04/14/2026, 4:39 AM • Benzinga

David Ellison's Paramount Skydance Locks In Funding For Massive Warner Bros. Discovery Buyout

Paramount Skydance has secured permanent financing for its acquisition of Warner Bros. Discovery, reducing debt commitments from $54 billion to $49 billion. The deal, led by David Ellison, involves $5 billion in senior term loans and a $5 billion revolving credit facility from a consortium of 18 banks, with support from Qatar Investment Authority and Abu Dhabi's L'imad Holding Co. The combined company is expected to carry nearly $80 billion in net debt, with the deal potentially closing by end of July 2026.

04/10/2026, 5:30 AM • Benzinga

3 Low-Rated Stocks With Big Price-Target Gaps

Despite receiving low analyst ratings (Strong Sell/Reduce), three stocks show significant upside potential based on consensus price targets: Paramount Skydance (PSKY) with 30% upside, Joby Aviation (JOBY) with 59% upside, and Lucid Group (LCID) with 41% upside. All three face near-term challenges but have strategic initiatives and partnerships that analysts believe could drive future growth.

04/07/2026, 8:28 AM • Investing

Paramount Eyes $24 Billion Gulf Backing For Warner Bros. Discovery Deal: Report

Paramount Skydance is securing $24 billion in equity commitments from three Gulf sovereign-wealth funds (Saudi Arabia's PIF, Qatar Investment Authority, and Abu Dhabi's L'imad Holding) to support its takeover of Warner Bros. Discovery. The Gulf investors will hold no voting rights, and the deal is unlikely to trigger regulatory reviews. However, Senate Democrats have raised concerns about foreign influence over CNN's editorial direction despite these assurances.

04/06/2026, 5:53 AM • Benzinga

Is Netflix a Buy, Sell, or Hold in 2026?

After losing a bidding war to Paramount Skydance for Warner Bros. Discovery's streaming assets, Netflix is positioned as a strong buy for 2026. The article argues Netflix is better off without the $83 billion acquisition, as it can now focus on organic growth through live sports, advertising, and content monetization while maintaining fiscal flexibility. Analysts expect 13% revenue growth this year with a consensus price target of $113.09, representing 20% upside from current levels.

03/20/2026, 4:08 AM • The Motley Fool

Netflix Buys Ben Affleck's AI Filmmaking Startup InterPositive

Netflix has acquired InterPositive, an AI filmmaking technology startup founded by actor Ben Affleck. The acquisition brings InterPositive's team to Netflix and adds Affleck as a senior advisor. The AI tools are designed to assist filmmakers with editing, lighting, and scene continuity while preserving creative control rather than replacing creative roles.

03/05/2026, 1:48 PM • Benzinga

Why Are Netflix Shares Sliding Monday?

Netflix shares declined 2.50% in premarket trading Monday after the company withdrew its bid for Warner Bros. Discovery, citing financial discipline. Netflix will receive a $2.8 billion breakup fee from Paramount, which won the competing bid. Co-CEO Ted Sarandos expects significant cost-cutting across Hollywood. The stock carries a Buy rating with an average price target of $521.32, with the next earnings catalyst on April 16.

03/02/2026, 8:56 AM • Benzinga

Paramount Skydance Emerges As Underpriced Winner For WBD After Netflix Folds: Value Score Rises

Paramount Skydance (PSKY) has won the bidding war for Warner Bros. Discovery (WBD) after Netflix withdrew from the competition. Despite securing the deal with a $31 per share cash offer and $7 billion termination fee, PSKY's stock remains under pressure, down 15.17% year-to-date. However, the stock's Benzinga Edge value score has climbed to the 88.93rd percentile, suggesting it is increasingly underpriced relative to its fundamental value.

02/27/2026, 8:24 AM • Benzinga