Paramount’s pending acquisition of Warner Bros Discovery has evoked a range of emotion in Hollywood, mainly fear among creatives at the planned merger of two more major studios. But now that uncertainty is tinged with panic after CEO David Ellison threatened to relocate his Los Angeles-based company…

Paramount CEO David Ellison told a group of the company's top executives that he will start the process of exiting California on October 1 if the state’s Attorney General Rob Bonta will not negotiate to settle an antitrust suit around the planned merger with Warner Bros. Discovery. Bonta has…

When it comes to Paramount’s legal wrestling with 12 state attorneys general’s antitrust case over the Melrose lot’s possible merger with Warner Bros, the key is to divide and conquer with exhibition. Deadline knows that Paramount has made a written commitment to at least one of the top two…

Superman sequel Man of Tomorrow seems poised to get DC back on track in 2027, Warner Bros. Discovery CEO David Zaslav told Wall Street analysts Thursday. Director and DC co-chief James Gunn “is focused on Man of Tomorrow,” Zaslav said when asked about any revision to DC’s strategy in the wake of…

Warner Bros. Discovery CEO David Zaslav says staffers are working “extremely hard” and staying focused despite uncertainty about the fate of the company’s pending merger with Paramount. Speaking to Wall Street analysts on the company’s second-quarter earnings call, Zaslav said he had assumed “it…

Warner Bros. Discovery fell short of Wall Street expectations in the second quarter, as Supergirl and the lack of the NBA dragged total revenue down 11% to $8.7 billion. Analysts had projected $9.2 billion in revenue. Diluted earnings per share of 6 cents topped estimates of a loss of 10 cents a…

California Attorney General Rob Bonta is silent this morning over David Ellison’s insistence that the contentious fate and future of CNN is really the focus of the multi-state lawsuit to stop the $110 billion merger of Paramount and Warner Bros Discovery. Not so much Ari Emanuel. In the…

In a guest essay for the New York Times on Tuesday, Paramount CEO David Ellison says CNN is at the root of opposition to the company’s merger with Warner Bros Discovery. Concerns about market share are not the main driver of antitrust lawsuits filed by 12 state attorneys general and the Writers…

In an alternate timeline, Paramount would be reporting quarterly earnings this week as Warner Bros. Discovery, one of its subsidiaries, would no longer be releasing its own separate financials. As it stands now, however, both companies are due to report – Paramount on Tuesday afternoon and WBD…

UPDATED, with new filing: Paramount wants a trial to start in November in the antitrust lawsuit brought by a dozen state attorneys general and the Writers Guild America. Not surprisingly, the state AGs and the guild want an April start to the proceedings. The sides outlined their proposals in a j…

The cable TV business, for so long a gusher for the media business, is inarguably past its prime. But does that mean a single company should be allowed to own more than 50 networks and control more than one-quarter of the total revenue pie? That question, surprisingly, has become central…

Paramount Skydance CEO David Ellison said he's confident the combination with Warner Bros Discovery "does not pose any legal issues, and we will complete it and bring these two companies together." "I know this additional uncertainty has been challenging, and I want to thank you for your…