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Paramount Stock Jumps 11% After Middle East Funds’ $24B Investment In WBD Takeover Is Confirmed
Paramount‘s beleaguered stock jumped nearly 11% Tuesday after news of deep-pocketed Middle East backers joining its Warner Bros. Discovery takeover. The shares, which had fallen 20% in 2026 heading into Tuesday’s trading, finished at $10.90 on more than three times their normal trading volume. Several regulatory agencies have approved Paramount’s pending $110 billion deal for […] More
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Paramount Nears Deal Securing Gulf State Funds To Back WBD Acquisition – Report
Paramount Skydance seems to be nearing a deal to secure funding from three Gulf nation sovereign wealth funds to back its proposed acquisition of Warner Bros. Discovery, according to a Sunday report in the Wall Street Journal. Per the outlet, the corporation is seeking signed equity commitments of close to $24 billion, for which Saudi […] More
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Theater Owners Urge State Attorneys General To Oppose Paramount-Warner Bros Deal
EXCLUSIVE: Nine days before Cinema United looks Paramount executives eye to eye at their Las Vegas confab, CinemaCon, the movie theater lobbyist org’s boss Michael O’Leary has fired off some letters this week. He wrote to the National Association of Attorneys General, the Democratic Attorneys General Association and the Republican Attorneys General Association about the […] 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
