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Paramount reviews sale of CNN for merger with Warner as an extreme move to relocate its headquarters

Paramount reviews sale of CNN for merger with Warner as an extreme move to relocate its headquarters

Seeking a way out of antitrust lawsuits by 12 states… CLO Makan Delrahim says it is reviewing all options
“CNN sale” Paramount makes an extreme move to block the merger with Warner… even pulls out the option of moving its California headquartersParamount has brought out the extreme measure of a “CNN sale”, a key obstacle to its “mega merger” with Warner Bros.
Hollywood erupts in anger with 1,000 voices…Letter opposing Paramount–Warner merger worth about KRW 163 trillion

Hollywood erupts in anger with 1,000 voices…Letter opposing Paramount–Warner merger worth about KRW 163 trillion

More than 1,000 signatories, including Joaquin Phoenix and Denis Villeneuve…Strong warning: “The monopoly will collapse the creative ecosystem”
Worries over a Hollywood ecosystem breakdown—Putting the brakes on the birth of a media giantHollywood is strongly pushing back against the massive `'Paramount Skydance'` and `'Warner Bros. Discovery'` `'acquisition and merger (M&A)'`, which signal seismic shifts in the global entertainment...
Paramount–Warner $163 Trillion Deal: Cleared by EU, But Blocked by 12 U.S. States

Paramount–Warner $163 Trillion Deal: Cleared by EU, But Blocked by 12 U.S. States

Conditional EU approval hinges on divesting stakes within 13 months… British regulators hint at involvement, and the final resolution faces hurdles amid U.S. antitrust lawsuits
Will the Paramount-Warner $163 Trillion Mega Deal Come Together… Despite EU Approval, 12 U.S. States Signal OppositionDivestment of stakes within 13 months after conditional approval raises the possibility of intervention by British regulatorsThe EU’s Tough Scrutiny: Clears the First Hurdle of the...
Warner Bros. Repeatedly Rejects Paramount Acquisition Proposal... Sticks to Netflix Merger

Warner Bros. Repeatedly Rejects Paramount Acquisition Proposal... Sticks to Netflix Merger

"$50 Billion Leveraged Buyout (LBO) Risk"... Maintains $72 Billion Netflix Deal
The board of Warner Bros. Discovery (hereinafter referred to as Warner Bros. ) has once again rejected the revised acquisition proposal from Paramount SkyDance (hereinafter referred to as Paramount), according to major U. S. media reports on the 7th . ⬦ "Acquisitions funded by debt are risky". . .