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News
Paramount Leaving California Could Mean Up to $21 Billion in Lost Annual Economic Output, Leaked Study Finds
11+ hour, 35+ min ago (344+ words) A leaked economic impact report also states that if Paramount leaves the state, as many as 57,980 full-time jobs would be lost If Paramount makes good on its threat to relocate out of California, the results would be devastating for the…...
Paramount Skydance Argues States' Antitrust Lawsuit Against Warner Bros. Merger Is 'Not the Product of Sound Economic Analysis"
19+ hour, 4+ min ago (151+ words) The studio files a legal response to the antitrust lawsuit against the pending merger The post Paramount Skydance Argues States’ Antitrust Lawsuit Against Warner Bros. Merger Is ‘Not the Product of Sound Economic Analysis’ appeared first on TheWrap. Paramount Skydance…...
Rob Bonta. Makan Delrahim. The $110 Billion Fight Comes to TheWrap's TheGrill.
2+ day, 20+ hour ago (281+ words) The California attorney general suing to block the Paramount–Warner Bros. Discovery deal and the executive leading its legal defense will both appear at TheGrill 2026 The fate of a $110 billion merger will shape the next decade of the business. TheGrill…...
Sony Pictures CEO Ravi Ahuja Says No Plans for 'Extremely Disruptive' Large Scale M&A
3+ day, 22+ hour ago (337+ words) “In the end, you come out having just achieved a lot of cost synergy and I’m not sure the business is necessarily stronger,” the executive tells a Bank of America investor conference Sony Pictures CEO Ravi Ahuja says the studio…...
Paramount Insists AGs and WGA Pay Costs Related to Merger Delay in New Briefs: 'Must Accept Financial Consequences"
4+ day, 14+ hour ago (206+ words) Paramount Insists AGs and WGA Pay Costs Related to Merger Delay in New Briefs: 'Must Accept Financial Consequences' TheWrap Paramount Skydance has filed new briefs urging a U.S. district court judge to order that the Writers Guild of America and the…...
Bill to Protect California Production Incentive From Annual Tax Credit Cap Passes State Legislature
1+ week, 4+ day ago (443+ words) Independent productions will be exempt from a new $5 million cap on business tax credits while major studio productions can opt for an accelerated cash refund The California legislature has passed a new bill designed to mitigate the effects of a…...
Investment Bankers Eye New Line Cinema, WBD Cable Networks as Paramount Legal Battle Drags On | Report
2+ week, 4+ day ago (491+ words) As his lawsuit looks to settlement talks, AG Rob Bonta says he would be open to a carve out of the combined company’s 50 basic cable channels As the legal battle between Paramount CEO David Ellison and California Attorney General Rob…...
Rob Bonta Says Warner Bros. Merger Settlement Talks Could Happen This Week If Paramount Shuts Down Leaks
2+ week, 5+ day ago (252+ words) The California AG tells TheWrap he’s open to a carve out of a “significant portion” of the combined company’s 50 basic channels In an earlier statement on Monday, Paramount denied leaking the meeting and said it shares Bonta’s concerns about the…...
Rob Bonta Cancels Monday Settlement Meeting With Paramount
2+ week, 5+ day ago (185+ words) "Not only did Paramount leak the alleged substance of settlement discussions, but they misrepresented these discussions, demonstrating a lack of good faith," the California AG says The post Rob Bonta Cancels Monday Settlement Meeting With Paramount appeared first on TheWrap....
Paramount and Rob Bonta to Meet Monday Over Merger Lawsuit Settlement
3+ week, 1+ day ago (544+ words) The talks come amid massive pressure to settle the suit Representatives from Paramount will meet with California Attorney General Rob Bonta’s office on Monday to discuss a potential settlement of the latter’s antitrust suit seeking to block the David Ellison-led…...