Paramount Skydance

Paramount Skydance Ties Antitrust Cases

Paramount and Skydance have agreed to combine their antitrust merger case with a prior lawsuit filed by Paramount+ subscribers alleging anticompetitive practices.

TheWrap

WGA Files Lawsuit Against Paramount-Warner Bros. Merger

The Writers Guild of America West and East has filed a lawsuit to block the proposed merger between Paramount Skydance and Warner Bros. Discovery. The guild claims the $111 billion deal would violate antitrust laws and negatively impact writers by reducing pay and opportunities. The lawsuit was submitted to the U.S. District Court for the Northern District. The Writers Guild argues that the merger would consolidate too much power in the hands of a few companies, limiting creative and financial opportunities for writers in the industry. The legal action highlights growing concerns over the long-term implications of large-scale media consolidations.

Variety

Warner Bros. Discovery CEO files $59 million stock sale

Warner Bros. Discovery chief executive David Zaslav has filed paperwork to sell roughly 2.18 million shares of the company’s stock, a transaction valued at about $59.5 million. The filing comes as negotiations for Paramount Skydance to acquire Warner Bros. Discovery remain unresolved and Zaslav is expected to leave his role in the coming months.

Variety

Twelve States File Lawsuit to Block Paramount‑Warner Merger

A coalition of twelve U.S. states filed an antitrust lawsuit on Monday seeking to stop the $111 billion merger between Paramount Skydance and Warner Bros. The suit alleges that the transaction violates the Clayton Act by reducing competition in the entertainment market. The legal action directly challenges a Department of Justice approval granted last month, with California Attorney General Rob Bonta leading the states' effort. If successful, the lawsuit could halt or reshape the proposed consolidation.

Variety