Last Friday, a kind of mini-trial was held over the question of whether two media conglomerates, Paramount Pictures and Warner Bros. Discovery, should be allowed to merge in a $110 billion deal.

The studio has inked a deal with the estate of Wes Craven to revive the Freddy Kreuger horror franchise and will release it via its newly launched Paramount Primal label. By Borys Kit Senior Film ...

Alison is a senior news reporter covering US politics and legal news. Judge Araceli Martinez-Olguin issued a temporary restraining order Monday that bars Paramount from moving forward with the merger ...

Paramount Skydance won approval from European regulators for its proposed acquisition of WBD, a major milestone for the $110 billion deal. The EU said Paramount has agreed to certain concessions in ...

Freddy Krueger is ready for another close up. Paramount has closed a deal for the U.S. rights to adapt the original screenplay for “A Nightmare on Elm Street,” under its new genre label Paramount ...

The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertainment industry. By Benjamin Mullin David McCabe and Lauren Hirsch See ...

For the last decade or two, fans have watched the changing landscape of Hollywood with more interest than usual. Not only has the streaming era thrown the entire business for a loop, it has pushed ...

Paramount‘s $110 billion deal to acquire Warner Bros Discovery has taken a major step forward after securing approval from the European Union’s antitrust authority. As was previously reported, ...

BRUSSELS, July 22 (Reuters) - Paramount Skydance Corp (PSKY.O), opens new tab on Wednesday gained European Union antitrust approval for its $110 billion acquisition of Warner Bros Discovery (WBD.O), ...

Paramount Skydance has agreed to freeze its merger with rival entertainment conglomerate Warner Bros. Discovery until as late as next June while a federal judge weighs a lawsuit from a coalition of ...

Paramount Skydance will delay its planned merger with Warner Bros. Discovery until as late as June 2027 amid separate lawsuits filed by state attorneys general and the Writers Guild of America. The ...

July 24 (Reuters) - Paramount Skydance (PSKY.O), opens new tab on Friday agreed to pause its acquisition of Warner ‌Bros. Discovery (WBD.O), opens new tab until after a ruling on a challenge by states ...