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News 2026-09-21 19:42 UTC

Paramount, WBD settle with US states over merger terms

Paramount, Skydance and Warner Bros Discovery have settled with California and 11 other U.S. states regarding their merger. Key terms include minimum theatrical film production quotas, independent film funding, and restrictions on cable channel negotiations to preserve competition.

News 2026-09-21 17:51 UTC

Nasdaq 100 Rallies, Intel Soars 14%: Stock Market Today

U.S. equities extended their winning streak to a third session Monday, with a fourth consecutive slide in crude oil relieving pressure on Treasury yields and clearing the runway for a semiconductor-led rally that lifted the Nasdaq 100 to a three-month high. • Intel stock is charging ahead with explosive momentum. Why i

News 2026-07-22 18:53 UTC

Media trio heads into earnings amid spinoff news, merger scrutiny

Comcast (CMCSA) reports July 23, while Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) follow on August 4 and 6. Here's what could move the stocks: OUTLOOK: Comcast is expected to post Q2 EPS of 97c on $29.2B in revenue. Paramount's consensus sits at 16c and $6.9B, while Warner Bros. Discovery is projected t

News 2026-07-17 17:21 UTC

Why Is Paramount Skydance Stock Falling on Friday?

Paramount Skydance Corporation (NASDAQ: PSKY ) stock is falling on Friday due to escalating regulatory and legal barriers facing its proposed $110 billion merger with Warner Bros. Discovery (NASDAQ: WBD ). The stock is also experiencing sector-wide pressure after Netflix Inc (NASDAQ: NFLX ) issued disappointing growth

News 2026-07-13 19:42 UTC

Sector Update: Consumer Stocks Mixed Late Afternoon

() -- Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1.1%. In corporate news, Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) are facing a l

News 2026-07-13 19:15 UTC

Paramount, Warner Bros. Face Multistate Lawsuit Seeking to Block Merger

() -- Paramount Skydance's (PSKY) proposed acquisition of fellow media and entertainment giant Warner Bros. Discovery (WBD) is facing a multistate lawsuit in the US alleging that the roughly $110 billion deal would lessen competition in several areas. Earlier this year, Paramount entered into an agreement to buy Warner

News 2026-06-24 10:42 UTC

PSKY to Buy Warner Bros

Paramount's $111B takeover of Warner Bros Discovery is set to be approved by EU regulators with certain remedies