The European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Paramount Skydance Corporation of Warner Bros Discovery. The approval is conditional upon full compliance with the commitments offered by Paramount. Paramount and Warner are both active in the production and distribution of theatrical and audiovisual entertainment content, such as films and […]
The Writers Guild of America West and Writers Guild of America East (jointly WGA) have filed a suit to block the proposed merger of Paramount Skydance and Warner Bros Discovery on the grounds that it violates federal antitrust law and would cause specific harm to writers. “With fewer competitors, the merged Paramount-Warner Bros. entity would […]
The US Department of Justice Antitrust Division has closed its investigation of the merger of Paramount Skydance and Warner Bros and determined, based on the evidence received in its investigation, that the transaction is not likely to result in harm to competition or American consumers, including with respect to: (1) streaming video on demand (SVoD); […]
Warner Bros Discovery (WBD) and World Series of Poker (WSOP) have announced a three-year partnership which will see the world’s leading poker event – held annually in Las Vegas since 1970 – broadcast across WBD channels and platforms in Europe, Latin America and Asia The deal will see six 45-minute highlights programmes broadcast across the […]
Warner Bros Discovery (WBD) has announced the extension of its exclusive rights to show the Giro d’Italia, Giro d’Italia Women and the best men’s and women’s Italian road cycling races for viewers in Europe and US. The new deal between WBD and RCS Sport, lasting until at least 2029, extends WBD’s association with La Corsa Rosa, the season’s first […]
OpenAP, the advanced advertising company, has announced the appointment of Ryan Gould, President of US Advertising Sales, Go To Market for Warner Bros Discovery (WBD), as Chairman of its Board of Directors. As spending in streaming video accelerates and buying models converge, publishers and advertisers alike are demanding greater consistency and control in how audiences […]
The WBD board has recommended the improved cash bid of Paramount and as a result Netflix, which had agreed a deal, has walked away declaring WBD wasn’t worth Paramount’s offer. Paramount’s February 24th proposal includes a price of $31 cash per WBD share, plus a daily ‘ticking clock’ fee equal to $0.25 per share per […]
MyWhoosh, the free-to-use virtual cycling app, has partnered with Warner Bros Discovery (WBD) to become its new leading cycling partner throughout the 2026 season. With more than 300 days of live action encompassing over 1,000 individual race broadcasts including every race on the men’s and women’s UCI World Tour, WBD’s cycling coverage across Europe on […]
Warner Bros. Discovery (WBD) has reported financial results for the quarter ended September 30th 2025, with total Q3 revenues down 6 per cent at $9 billion (€7.8bn). In a letter to shareholders, WBD said: “We continue to deliver on our operational and strategic priorities, making great progress during the third quarter in returning our Studios […]
The Writers Guild of America has come out strongly against a merger between Warner Bros Discovery (WBD) and any other studio, declaring any such consolidation would be a “disaster” for writers. The body’s statement comes two days after WBD admitted it was considering putting the entire company up for sale. WBD said it had initiated […]