$PSKY 0.46 Noisy

Notable posts

• @wallstengine neutral 140 eng

  PARAMOUNT-WARNER BROS. DEAL TEMPORARILY PAUSED BY FEDERAL JUDGE $PSKY $WBD https://t.co/KEq38gyVZg

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• @wallstengine neutral 72 eng

  California and 11 other states are suing to block Paramount Skydance’s $PSKY proposed $110B acquisition of Warner Bros. Discovery. The lawsuit says the deal would reduce competition in film distribution and basic cable licensing. The combined company would control about 27% of wide-release theatrical distribution, with the top four studios controlling 86% of the market. States have asked Paramount not to close the deal until the court case is resolved.

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• @TrendSpider neutral 68 eng

  BREAKING: Paramount $PSKY has agreed to settle in their antitrust lawsuit against California + 11 other states, clearing the way for a potential merger with Warner Bros $WBD https://t.co/iqUml1cqNi

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• @wallstengine neutral 57 eng

  EU regulators are reportedly set to approve Paramount’s $PSKY $111B takeover of Warner Bros Discovery, as long as the company accepts certain remedies, per FT. The deal would combine HBO, CNN, CBS News, Paramount Pictures and Warner Bros under one media group. One possible remedy being discussed: Paramount exiting its joint venture with Universal Pictures, which distributes films in several international markets. The deal already received U.S. DOJ approval this month, with the European Commission facing a July 7 deadline to approve it or open a deeper probe.

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• @WOLF_Financial bearish 33 eng

  Here is the wordt performing stock in the S&P 500 over the last decade Paramount Skydance $PSKY which is down by 80% 🔴 https://t.co/w61SivIRIX

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• @faststocknewss neutral 20 eng

  PARAMOUNT SKYDANCE CLEARS ALL REGULATORY CONDITIONS FOR WARNER BROS. DISCOVERY DEAL The company says it has secured clearances in nearly 70 countries worldwide, satisfying all regulatory conditions under the merger agreement. $PSKY $WBD

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• @faststocknewss neutral 18 eng

  JUDGE ORDERS TEMPORARY PAUSE OF PARAMOUNT'S WARNER BROS DEAL A coalition of states led by California won a 14-day pause of Paramount's $PSKY $110B acquisition of Warner Bros. Discovery $WBD, per Reuters. US District Judge Araceli Martinez-Olguin will hold a hearing August 3 on the states' request to delay the merger further while the underlying lawsuit, which could take months, proceeds. California and 11 states sued July 13, arguing the deal would create a media company with power to raise prices in film and television, and that closing it would let Paramount begin cutting jobs and sharing sensitive information with Warner Bros in ways hard to undo if the merger is later found illegal. Paramount has said the lawsuit distorts settled antitrust law and that delaying the deal only harms entertainment workers. Under the merger agreement, Paramount owes Warner Bros shareholders a 25-cent-per-share "ticking fee," about $7M a day, for each day past September 30 the deal remains delayed. news via @ralliesai https://t.co/owLFsLBcrp

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• @faststocknewss neutral 17 eng

  PARAMOUNT $PSKY DISCUSSED A $1.5B CALIFORNIA PRODUCTION INVESTMENT TO CLEAR ITS WARNER BROS. MERGER The company and the state attorneys general that sued to block the $81B merger with Warner Bros. Discovery $WBD spent the weekend working through a possible settlement, per people familiar cited by WSJ. No final deal has been reached. Concessions under discussion: - A $1.5B investment in California production - A promise not to sell either studio lot and to remain in the state - Penalties if Paramount misses an earlier pledge to make 30 movies a year post-merger, including divesting its Miramax stake - Sales of some cable channels - A board to ensure CNN retains editorial independence

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