Merger
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Cory Booker Still Wants David Ellison To Testify On Paramount-WBD Merger
Sen. Cory Booker (D-NJ) said that he still is inviting Paramount CEO David Ellison to testify on the proposed acquisition of Warner Bros. Discovery, after the lawmaker held a 2 1/2 “spotlight” hearing that warned about the merger’s impact on everything from jobs to free speech. “We didn’t have to do this hearing at this […] More
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Jerry Bruckheimer, Emma Thomas Grilled On Not Signing Merger Letter – CinemaCon
Mega-producers Jerry Bruckheimer (F1) and Emma Thomas (Oppenheimer) were grilled at CinemaCon Wednesday over why they haven’t signed an open letter in heavy circulation calling on regulators to block the Paramount-Warner merger. “First of all, I wasn’t asked,” Bruckheimer said in conversation with Puck’s Matt Belloni. “Look, I think the train has left the station. […] More
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in Cory Booker, David Ellison, ElectionLine, News, Paramount, Paramount-WB, Senate Judiciary Committee, warner bros. discovery
Cory Booker To Hold Hearing On Paramount-Warner Bros. Discovery Merger
Sen. Cory Booker (D-NJ), the top Democrat on the Senate antitrust subcommittee, will hold a “spotlight hearing” on Wednesday on Paramount‘s proposed merger with Warner Bros. Discovery. Booker also has invited Paramount CEO David Ellison to testify, follow up on previous letters asking him to appear. A “spotlight hearing” is not an official hearing on […] More
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Cinema United CEO Warns Of Concentrating Market Power In Paramount, Warner Bros. Merger – CinemaCon
President and CEO of Cinema United, Michael O’Leary put the biggest annual gathering of theater owners on alert today about the risks of “concentrating marketplace power in the hands of a smaller group of distributors that dictate the terms, windows, scheduling, screen-placement of movies, and access to historic film catalogs.” Noting “the ongoing efforts to […] More
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CinemaCon 2026: Paramount And Warner Bros Merger Plan Has Exhibitors’ Attention
What a difference a year makes. Last year at the start of CinemaCon, we were questioning the existence of theatrical after a dead first quarter, that had the domestic box office dragging -11% behind 2024 (this is all before A Minecraft Movie turned the entire marketplace around, literally spiking its advance tickets as the industry […] More
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Judge Eases Some Provisions Of His Order Blocking Nexstar-Tegna Merger
A federal judge eased some of the restrictions on his order that at least temporarily blocked Nexstar‘s merger with Tegna, but he also extended the freeze on the transaction for another week. U.S. District Judge Troy Nunley will allow Nexstar to conduct debt service and repayment obligations, comply with Securities and Exchange Commission reporting requirements, […] More
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in DirecTV, Donald Trump, ElectionLine, FCC, News, Nexstar, Nexstar-Tegna Deal, Politics, Tegna
Nexstar Tells Judge Aspects Of Tegna Merger “Cannot Be Reversed”
Nexstar weighed in for the first time on a judge’s order that halted its merger with Tegna, warning the court that it will have difficulty fully complying because certain aspects of the closed transaction “cannot be reversed.” U.S. District Judge Troy Nunley granted a temporary restraining order to DirecTV on Friday, ruling that it was […] More
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David Ellison On Cost Savings, Growth, The Tech Stack & AI As WBD Merger
David Ellison says savings from the Skydance-Paramount merger will significantly exceed the $3 billion initially projected, with $2.5 billion anticipated by the end of this year. And, “We’re in the process of basically converging Paramount+, BET+ and Pluto all into one unified tech stack. We’re going to finish that second quarter of this year,” the […] More
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in antitrust, FCC, mergers and acquisitions, News, Nexstar, Nexstar-Tegna Deal, Tegna, U.S. Department of Justice
Nexstar Stock Drops Sharply After Judge Puts Brakes On Tegna Merger
UPDATED with closing price. Nexstar stock fell 13% Monday, reflecting investor angst over a federal judge’s decision temporarily blocking the company’s merger with Tegna. The drop is a stunner for the shares, which have been among the steadiest in the media sector. Over the past five years, they have risen by 94%. In a single […] More
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in ElectionLine, FCC, News, Nexstar, Nexstar-Tegna Deal, Politics, Tegna
Judge Pauses Nexstar-Tegna Merger, Granting Restraining Order
A federal judge on Friday evening granted a temporary restraining order to halt Nexstar‘s merger with Tegna, a transaction that creates a broadcasting giant with almost 260 stations across the country. U.S. District Judge Troy Nunley sided with DirecTV, which is seeking to block the merger on the claim that it violates antitrust laws. A […] More
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in Committee For the First Amendment, ElectionLine, Jane Fonda, Joan Baez, Kennedy Center, News, Paramount, Paramount WB, Politics, warner bros. discovery
Jane Fonda Leads First Amendment Rally To Warn Of Paramount-WB Merger
Jane Fonda brought her Committee for the First Amendment to Washington, D.C. on Friday for a pre-No Kings Day rally that focused on Donald Trump’s attacks on the media and the pending merger between Paramount and Warner Bros. Discovery. Held on a street just near the Kennedy Center, the event’s purpose was to “defend free […] More
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Eva Longoria Expresses Consolidation Fears Over WBD-Paramount Merger
Eva Longoria has waded into the debate over the potential impact of the Warner Bros. Discovery–Paramount merger, expressing her fears over how the consolidation will impact jobs and diversity. “The consolidation is the scary part of it… especially when you see a consolidation, you see a massive amount of job loss of creatives… because it […] More
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