Paramount hit back at an antitrust lawsuit filed Monday by attorneys general of 12 states seeking to block the company’s pending $110 billion acquisition of Warner Bros. Discovery. The suit “reflects a fundamentally flawed application of the antitrust laws and is wrong on both the facts and the law,

Paramount has launched a new round of layoffs affecting staff across CBS Entertainment, MTV, BET, and other divisions, The Wrap reports. The cuts, which began Oct. 29, are part of the company’s restructuring under new CEO David Ellison following its ...

A group of states, including California, filed a lawsuit to block the merger between Paramount and Warner Bros. Discovery.

Paramount Skydance just does not want to take no for an answer. After having multiple bids to acquire Warner Bros. Discovery (WBD) rejected, including a recent hostile bid that the WBD board recommended that shareholders reject, Paramount is turning to the ...

Stop me if you've heard this before: A big media merger may cause a major reset of the TV studio business. It happened after Disney acquired Fox's studio assets. It happened both before and after the Skydance-Paramount merger. Now, with Paramount poised to ...

View post: One of the Greatest Guitar Riffs Ever Belongs to a 1985 No.1 Hit — And It Made MTV History Netflix to acquire Warner Bros., including HBO, for $82.7 billion. Paramount may launch a hostile takeover, arguing its bid offers better regulatory odds.

Last week, Warner Bros. Discovery (WBD) announced plans to sell Warner Bros. Pictures, DC Studios and streaming service HBO Max to Netflix, following a bidding war that also ended with a hostile takeover bid by Paramount. The planned sale would create a ...

This story is part of the Iconic Brands series, a USA TODAY network project showcasing the companies and brands that helped shape the nation's identity, economy and culture. The series celebrates American ingenuity with a deeply reported examination of how ...

The prestigious network has been a top-tier television brand for decades. Paramount+ and HBO Max to merge into one streaming service after major acquisition. CEO David Ellison stresses, “HBO should stay HBO,” preserving HBO’s brand independence.

A dozen states are trying to thwart a deal that would bring Warner Bros. Discovery under the control of Trump-friendly Paramount Skydance.