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Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Settlement of antitrust lawsuits by 12 states puts deal on track to close within two weeks, with conditions requiring 30 releases a year and editorial independence
Paramount-Warner merger enters final countdown Deal settles antitrust lawsuits with $1. 5 billion film investment over five years and a requirement to release 32 films by the 30th of this month The birth of a media giant poised to reshape Hollywood has finally entered its countdown.
| James choi
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 headquarters Paramount has brought out the extreme measure of a “CNN sale”, a key obstacle to its “mega merger” with Warner Bros.
| James choi
Choi Min-sik as a Junior Intern? “The Intern,” Starring and Co-starring With Han So-hee, Hits Theaters on Aug. 16

Choi Min-sik as a Junior Intern? “The Intern,” Starring and Co-starring With Han So-hee, Hits Theaters on Aug. 16

A remake of the 2015 Hollywood hit that drew 3.61 million viewers—Director Kim Do-young of “If Only We” leads the project
A daring pairing of 37-year veteran Choi Min-sik and Han So-hee of “Young and Rich” A towering figure in South Korean cinema, “Choi Min-sik,” takes on the role of a junior intern, meeting the breakout star “Han So-hee,” as a spirited “chief executive officer .
| James choi
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 Opposition Divestment of stakes within 13 months after conditional approval raises the possibility of intervention by British regulators The EU’s Tough Scrutiny: Clears the First Hurdle of...
| James choi
'The Batman 2' Release Delayed, Warner Bros. Reshuffles Lineup as J.J. Abrams’ New Project Moves

'The Batman 2' Release Delayed, Warner Bros. Reshuffles Lineup as J.J. Abrams’ New Project Moves

J.J. Abrams’ original sci-fi fantasy film “The Great Beyond” is pushed to October 2027 to deliver the best possible visual effects Matt Reeves’ “The Batman Part II” is also shifted to the February 2028 holiday season “Panic Carefully,” directed by Sam Esmail and starring Julia Roberts, swaps its release date with the horror sequel “Yorona’s Revenge” A faceoff with Paramount looks inevitable amid an M&A dispute, adding up to a complicated calculus for Hollywood theaters
Major Hollywood studio Warner Bros. has made a sweeping adjustment to the release schedules of its upcoming highly anticipated titles. As the schedule for the new sci-fi fantasy from acclaimed director J.J. Abrams moves, the timing of the launch for major lineups—led by “The Batman Part 2,” which...
| Yangsimoh
As Warner Takeover Fears Shake Up the Deal, Paramount Blames Netflix

As Warner Takeover Fears Shake Up the Deal, Paramount Blames Netflix

Paramount sends a letter to the U.S. Justice Department saying Netflix is stirring up anti-merger sentiment, while Netflix calls the claims “utter nonsense” and disputes them head-on.
A landmark merger, and the checks and power plays hovering behind it “Paramount Global””’s “Paramount SkyDance” is zeroing in on “Netflix”, the biggest former rival in a prior takeover battle, as it moves toward its “Warner Bros.
| James choi
'Supergirl' Sets June 24 South Korea Release, Drops LE SSERAFIM Collaboration Track

'Supergirl' Sets June 24 South Korea Release, Drops LE SSERAFIM Collaboration Track

A remix of LE SSERAFIM's second album lead single 'CELEBRATION' will feature in the film.
A Hollywood film and a K-pop group have teamed up. Warner Bros. Korea said on the 2nd that it had confirmed June 24 as the South Korea release date for 〈Supergirl〉 and released a celebratory video featuring K-pop group LE SSERAFIM.
| Kim Ji-yeon
Paramount–Warner Merger “Announce 30 Films Released Per Year”…Hollywood Reacts Coolly

Paramount–Warner Merger “Announce 30 Films Released Per Year”…Hollywood Reacts Coolly

Critics say it’s an unrealistic maneuver to secure merger approval
Is Paramount Sky Dance’s announcement of releasing 30 films per year a fake promise that deceives “Hollywood”? “Warner Bros. Discovery” is pushing ahead with the acquisition of “Paramount Sky Dance”, which laid out a blueprint of “releasing 30 movies per year,” but the “Hollywood” industry’s...
| James choi
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 giant Hollywood 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...
| James choi
Netflix vs Paramount, Warner Bros Acquisition Round 2 Begins... Competition Intensifies

Netflix vs Paramount, Warner Bros Acquisition Round 2 Begins... Competition Intensifies

Paramount to Announce Final Proposal on the 23rd... Ted Sarandos "We Will Increase Theatrical Releases After Acquisition"
The second round of competition between Netflix and Paramount Skydance (hereafter referred to as Paramount) over the acquisition of Warner Bros. Discovery (hereafter referred to as Warner Bros.), a media and content company well-known for the 〈Harry Potter〉 and 〈The Lord of the Rings〉 series, is...
| 김지민