Warner Bros. Discovery

Paramount Seeks Dismissal of Lawsuit Blocking Warner Bros. Deal

Paramount has filed a motion to dismiss a federal lawsuit led by five streaming subscribers aiming to block its $111 billion acquisition of Warner Bros. Discovery. The plaintiffs argue the merger violates antitrust laws. Paramount calls the lawsuit a 'clumsy attempt to politicize antitrust litigation.' The motion highlights the company's stance against what it views as baseless legal challenges to the deal.

Variety

Euphoria Finale Attracts 8.7 Million Viewers

The finale of HBO's 'Euphoria' Season 3 drew 8.7 million viewers across HBO and HBO Max within three days, marking a slight increase from the season's premiere. Warner Bros. Discovery reported that the first episode of the final season reached 8.5 million viewers in the same timeframe. The season has averaged 25 million viewers to date, reflecting a 17% increase compared to Season 2. While specific weekly viewership numbers for Season 3 were not disclosed, the overall performance highlights the show's continued popularity.

Variety

Paramount Making 'Great Progress' on Warner Bros. Buy

Paramount reported year-over-year revenue and adjusted EBITDA growth in Q1 as it works to transform the assets it acquired last year. The company also stated it is 'making great progress' on its deal to acquire Warner Bros. Discovery, with a late Q3 target close still on track.

The Hollywood Reporter — Movies

Paramount Lawyer Accuses Merger Opponents of Antisemitism

Paramount Skydance's chief legal counsel, Makan Delrahim, claims that some critics of the company's $111 billion merger with Warner Bros. Discovery are motivated by antisemitic views. In an interview with the Los Angeles Times, Delrahim addressed the backlash the deal has faced in the entertainment industry. The pending merger, led by David Ellison, has drawn scrutiny and opposition from various stakeholders. Delrahim accused opponents of engaging in 'fear mongering' based on their personal biases. The comments come amid ongoing debates over the implications of the merger for media consolidation and market competition. The deal remains under regulatory review.

Variety