Paramount Skydance agrees to delay merger with Warner Bros. Discovery

Paramount Skydance's CFO Sold Over 95,000 Shares Amid Delays with Its Warner Bros. Discovery Merger

Key PointsThe disposition involved 95,401 shares at $9.25 per share, representing a total transaction value of ~$882,459.The transaction reduced the executive's direct equity holdings by 33%.Following the transaction, Cinelli retains 225,344 total shares, including 197,232 shares held directly and 28,112 shares held indirectly through an IRA.10 stocks we like better than Paramount Skydance › Dennis Cinelli, Chief Financial Officer of Paramount S…

Why a settlement in the Paramount/Warner Bros. court case could be tough: Q&A with Bloomberg's Lucas Shaw

Larry Ellison backed the deal that let his son David buy Paramount this year. They were set to acquire Warner Bros. Discovery in the coming weeks — but a court challenge from the state of California means all bets are off.Eric Charbonneau/Getty Images for The Hollywood ReporterLarry and David Ellison bought Paramount last year. They were set to acquire Warner Bros. Discovery in the very near future.But a legal challenge from California's attorne…

Paramount Buyout of Warner Bros. Discovery Frozen Until Next Year by Court Order

Just when Hollywood thought it was safe and airtight for an absolute monopoly, the biggest takeover since Disney gobbled up everything in sight and Discovery took control of Warner Bros. has hit a brick wall. The proposed $110 billion buyout of Warner Bros. Discovery by Paramount Skydance, originally on track to wrap up this summer, came to a screeching halt thanks to a federal antitrust lawsuit. California Attorney General Rob Bonta led a coali…

Paramount Skydance agrees to delay merger with Warner Bros. Discovery

A consortium of states and the Writers Guild of America brought two anti-trust lawsuits against Paramount Skydance.

David Ellison Tells Staff Paramount-WBD Deal Will Close

Paramount Skydance CEO David Ellison told staff Monday that the company remains “highly confident” its roughly $111 billion acquisition of Warner Bros. Discovery will close despite a pause pending an antitrust trial and growing opposition from Hollywood unions. In a memo obtained by multiple outlets, Ellison said, “We remain highly confident that this transaction does not pose any legal issues, and we will complete it and bring these two compani…