Paramount Skydance's streaming head exits ahead of the WBD merger. She told staff CEO David Ellison was "optimizing for HBO stability."
Books closed Tuesday afternoon at about 3.6 times the amount expected to be sold after lenders moved part of the funding into loans, Bloomberg reported.
Paramount Skydance is hauling a mountain of debt into credit markets to finance its Warner Bros. Discovery takeover, and the split between a sinking acquirer and a steady target tells a story about who is bearing the real risk here.
Paramount Skydance is stacking nearly $80 billion in debt onto a freshly downgraded balance sheet, racing a $7 million daily clock, and still faces a judge who has not signed off on a 12-state lawsuit. Here is what that means for shareholders on both sides of the deal.
Analysts downgraded Ryder, Warner Bros. Discovery, Arbor Realty, Pershing Square and PepsiCo; Ryder and PepsiCo targets were cut.
Argus downgrades Warner Bros. Discovery (WBD) to SELL amid Paramount Skydance merger news, weak EPS outlook, and cable/NBA risks.
Paramount, Warner Bros. Discovery and attorneys general from 12 states are pushing back against Sen. Cory Booker's questions about their antitrust settlement.
The comments come in response to criticisms from Sen. Corey Booker and the Block the Merger coalition
Paramount Skydance's (PSKY) plan to raise over $44 billion from US dollar and euro bond sales has be
Paramount Skydance plans a massive secured-notes offering as it assembles financing for its Warner Bros. Discovery acquisition.
Benzinga flags communication-sector stocks for momentum risks, highlighting Chunghwa Telecom, Warner Bros. Discovery and VEON using RSI analysis.
Paramount Skydance CEO David Ellison can proclaim victory after settling a lawsuit with state attorneys general that held up his company's merger with Warner Bros. But Ellison will have considerable work ahead to repair frayed relations with Hollywood talent.
Paramount Skydance Corporation (NASDAQ:PSKY)’s $81 billion pursuit of Warner Bros. Discovery, Inc. (NASDAQ:WBD) cleared its biggest legal obstacle in late September 2026, when the company settled with California and 11 other states. The terms commit Paramount to at least $1.5 billion of additional U.S. production spending over five years, a minimum of 30 films released […]
Warner Bros. Discovery, Inc. (NASDAQ:WBD) shareholders just got one of the biggest pieces of good news since Paramount Skydance (NASDAQ:PSKY) agreed to buy the company. But good news for existing shareholders doesn’t necessarily make WBD an equally attractive stock for someone buying today. DON’T MISS: Disney Adds Formula E to Disney+: Can Live Sports Strengthen […]
Paramount CEO David Ellison's antitrust settlement eased some theatrical concerns, but questions remain about what happens when the five-year agreement ends.
US judge reviews deal with California, says it must not be result of collusion.
The Paramount-WBD merger finally looks set to close. Is it a buying opportunity?
A Citi-led arranger group has launched a $7.5 billion-equivalent cross-border term loan B split between a $6.5 billion US dollar tranche and a $1 billion-equivalent euro tranche as part of the debt financing package supporting the acquisition of Warner Bros. Discovery (Nasdaq: WBD) by Paramount Skydance Corp. (Nasdaq: PSKY), according to sources. Commitments to the deal are due on Wednesday, Sept. 30, by noon ET (5 p.m. BST) for the dollar portion and 9 a.m. ET (2 p.m. BST) for the euros. Price
“The Attorney General for the lead Plaintiff State, California, publicly criticized the very behavioral remedies that the parties now ask the Court to approve,”exclaims an amicus brief just filed in federal court by the Block the Merger coalition to take one last swing at stopping the antitrust settlement deal for Paramount’s $111 billion purchase of …
A court hearing offered insight into the states' decision to settle the case while bringing to the forefront some of the deal's shortcomings, which have positioned CEO David Ellison as the ultimate winner.
Araceli Martínez-Olguín ordered the parties to respond to concerns from Sen. Corey Booker by Monday
Judge delays Paramount Skydance $110B merger settlement as amicus briefs are allowed; see terms, penalties, and what it means for WBD and PSKY—read more.
Journalists say an oversight board may not be enough to maintain the network’s independence under David Ellison.
Brahma, an Indian enterprise AI content start-up that is backed by the visual effects studio behind Dune, has raised funds at a $2 billion valuation.
Elon Musk is reportedly being considered for a Paramount-Warner Bros. mega-merger deal. Paramount CEO David Ellison has reportedly considered Musk one of several individuals who could become equity investors. The tech billionaire could become part of one of the biggest deals in the entertainment industry. David Ellison is reportedly considering Elon Musk as a potential […] The post Elon Musk Could Get Pulled Into Paramount-Warner Bros. Mega-Deal — Report appeared first on Mandatory.
Now that Paramount has an antitrust suit, the way is clear for a merger. But many say the deal will be the unmaking of Hollywood. NPR's Scott Detrow speaks with screenwriter and showrunner Mike Schur.
Paramount could add Elon Musk as a potential investor after a promising update on its Warner Bros. Discovery deal The post Paramount Eyes Elon Musk as Potential Investor as Warner Bros. Deal Takes Shape appeared first on Mandatory.
Paramount Skydance Corporation (NASDAQ:PSKY)’s $110 billion takeover of Warner Bros. Discovery, Inc. (NASDAQ:WBD), which has an equity worth of around $81 billion plus assumed debt, has been in legal limbo for months, stalled by a 12-state antitrust case and a trial date that was not scheduled until March 2027. On September 21, one of the […]
The studio is reportedly looking to expand its roster of billionaire backers as it prepares to operate one of the most highly leveraged studios in Hollywood history.
Elon Musk and Larry Ellison may team up on an investment together again.
Musk has a close relationship with Oracle co-founder Larry Ellison, who has personally guaranteed $40.4 billion of the merger's equity financing
The Paramount (PARA) and WBD merger clears a weak regulatory hurdle. Here's what investors need to consider.
Atty. Gen. Rob Bonta’s agreement clearing the $111-billion merger followed intense pressure from state leaders including Gov. Gavin Newsom and dissent among fellow Democratic state attorneys general.
It looks like David Ellison’s playing the long game.
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