Paramount Skydance’s $110 billion Warner Bros. Discovery bid is headed for a July 22 ruling in Oakland, where state AGs seek a temporary pause and Paramount weighs delay against a $7 million-a-day deadline.

In this episode

1. An Oakland Judge Will Soon Rule on 1 of the Largest ... — KQED

   An Oakland Judge Will Soon Rule on 1 of the Largest Media Mergers in Hollywood History | KQED

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# An Oakland Judge Will Soon Rule on 1 of the Largest Media Mergers in Hollywood History

Antitrust advocates and artists said the deal threatens to “further consolidate an already concentrated media landscape.” Paramount Skydance said a…

Judge Says She'll Rule On Motion In Paramount-WBD Lawsuit By July 22 — Deadline

Paramount/Warner Bros Update: Restraining Order Decision Wednesday

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Judge Araceli Martínez-Olguín will have a decision on Wednesday regarding a restraining order to block the Paramount/Warner Bros deal.

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## Article Summary

- Paramount awaits a Wednesday ruling from Judge Araceli Martínez-Olguín on a TRO targeting the Warner Bros deal.

- In court, Paramount indicated a TRO would…

Paramount offers to briefly delay Warner Bros. merger as court battle heats up - Occasional Digest — Occasional Digest

# Paramount Offers to Delay Warner Merger as Judge Weighs TRO | Newsmax.com

Published: 2026-07-17T21:00:03-04:00

Source: newsmax.com (newsmax.com)

Language: en

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Paramount Offers to Delay Warner Merger as Judge Weighs TRO | Newsmax.com

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[NEWSMAX](https://www.newsmax.com/)…

Pressure from all sides could jeopardize the Paramount/Warner Bros. deal Paramount/Warner Bros. merger faces risks from lawsuits, investor woes — Comics Beat

Pressure from all sides could jeopardize the Paramount/Warner Bros. deal Paramount/Warner Bros. merger faces risks from lawsuits, investor woes

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Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount Skydance’s Warner Bros. Discovery acquisition hit an Oakland hearing as 12 states seek a temporary pause, threatening the July closing plan and exposing Paramount to potential delay payments to Warner shareholders if the deal slips past Sept. 30.

In this episode

1. Paramount-Warner Bros. merger fight lands in an Oakland ... — San Francisco Chronicle

   Paramount-Warner Bros. merger fight lands in an Oakland courtroom

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# Federal judge in Oakland weighs bid to halt $111 billion Paramount-Warner Bros. merger

By G. Allen Johnson, Staff WriterJuly 17,…

Time Isn't on Paramount's Side In Warner Bros. Deal — The Hollywood Reporter

Time Isn't on Paramount's Side In Warner Bros. Deal

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Paramount CEO David Ellison has been to Washington, DC to meet with lawmakers multiple times this year. Anna Moneymaker/Getty Images

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For months, Paramount has barreled toward closing its $111 billion takeover of Warner Bros. Discovery by July. It filed the paperwork for the Justice Department to bless the deal…

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Paramount-WBD merger challengers lost a consumer bid for a preliminary injunction, while state attorneys general press for their own emergency pause and California’s Rob Bonta rejects the idea that a CNN spinoff alone would settle the antitrust fight.

In this episode

1. Judge Denies Injunction in Paramount-WBD Consumer Lawsuit — TheWrap

   Judge Denies Injunction in Paramount-WBD Consumer Lawsuit

Judge Araceli Martínez-Olguín denied on Thursday a group of Paramount subscribers a preliminary injunction after they sued to block the David Ellison-led media giant’s pending $110 billion merger with Warner Bros. Discovery.

The lawsuit, which was filed in April, alleged that the deal, if completed, would strengthen the combined…

Paramount+ Subscribers Fail to Block Warner Bros. Merger — Variety

Paramount+ Subscribers Fail to Block Warner Bros. Merger Paramount+ Subscribers Fail to Block Warner Bros. Merger

A handful of Paramount+ subscribers failed to win an order blocking the merger with Warner Bros. Discovery on Thursday, but a coalition of states will give it another try on Friday.

The plaintiffs sued in April, alleging that they had faced price hikes and risked losing viewing…

A Judge Refuses To Block Paramount's Bid to Buy Warner Bros. Discovery | Cord Cutters News — Cord Cutters News

A Judge Refuses To Block Paramount's Bid to Buy Warner Bros. Discovery | Cord Cutters News

# A Judge Refuses To Block Paramount’s Bid to Buy Warner Bros. Discovery

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A federal court has removed a significant obstacle for one of the largest proposed deals in the media sector. On July 16, 2026, U.S. District Judge Araceli…

Rob Bonta Rebuffs FCC’s Claim They Could Drop Paramount Suit With CNN Spinoff — TheWrap

FCC Chair Brendan Carr says California could drop lawsuit against Paramount, Warner Bros. merger if CNN is spun off

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Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount Skydance’s Warner Bros. Discovery merger is now a courtroom sprint: states seek a TRO, Paramount agrees to link cases, answers a shareholder suit, and an FCC chair criticizes California’s theory while the July 22 EU checkpoint looms.

In this episode

1. Paramount Shareholder Sues Ellisons, Board, Company Responds — Deadline

   Paramount Shareholder Sues Ellisons, Board, Company Responds

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By Jill Goldsmith

July 15, 2026 5:30pm

Story Arc

David Ellison PMC Photos

UPDATE with Paramount statement: Paramount is pushing back on a recently filed shareholder lawsuit, saying it “recycles allegations that have already been reported and already addressed.”

“As we’ve said consistently: no commitments from…

State AGs Seek Temporary Restraining Order To Pause Paramount-WB Merger — Deadline

State AGs Seek Temporary Restraining Order To Pause Paramount-WB Merger

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By Ted Johnson

July 13, 2026 8:08pm

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State attorneys general are now seeking a temporary restraining order and preliminary injunction to pause Paramount‘s proposed merger with Warner Bros. Discovery, warning that the company may otherwise close the transaction as soon as July…

Paramount Agrees to States' Move to Link Antitrust Case to Subscriber Suit — Variety

Paramount Agrees to States' Move to Link Antitrust Case to Subscriber Suit Paramount Agrees to States' Move to Link Antitrust Case to Subscriber Suit

Paramount has agreed to a request from 12 states to link their federal antitrust case to a pre-existing suit brought by Paramount+ subscribers.

The move means that the states’ challenge to the $111 billion merger with Warner Bros. Discovery will…

Brendan Carr pans California's efforts to block Paramount-Warner Bros. merger — Washington Examiner

Brendan Carr pans California's efforts to block Paramount-Warner Bros. merger

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Federal Communications Commission Chairman Brendan Carr said on Wednesday he doubts a 12-state coalition, led by California, will succeed in blocking the pending merger between Paramount Skydance and Warner Bros. Discovery.

California…

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# Skydance and Paramount Target September 2026 to Close Warner Bros. Discovery Deal Amid Lawsuit

Milena Thomas

Published Jul 14,…

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Paramount Skydance’s lead merger lawyer says the Warner Bros. Discovery deal can still close before Sept. 30 despite a 12-state antitrust challenge, while note-offer extensions and CNN-control anxieties keep pressure on the deal calendar.

In this episode

1. Paramount Lawyer Still Expects WBD Merger To Close On Time Despite Lawsuits — Deadline

   Paramount Lawyer Still Expects WBD Merger To Close On Time Despite Lawsuits

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By Dade Hayes

July 14, 2026 2:22pm

Story Arc

The Paramount lot in Los Angeles Mario Tama/Getty Images

Despite Monday’s antitrust lawsuit by the attorneys general of California, New York and 10 other states, Paramount lawyer Jeffrey Kessler says the Warner Bros. Discovery merger can still close…

Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers | Morningstar — Morningstar

Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers | Morningstar

Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers

## Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender…

Why Paramount Can't Afford to Let Go of CNN — The Hollywood Reporter

Why Paramount Can't Afford to Let Go of CNN

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CNN chief Mark Thompson Dimitrios Kambouris/Getty Images

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Donald Trump appeared on CNN for the first time in his second presidential term on Sunday, giving a phoner on Jake Tapper’s show to remember the late South Carolina Senator Lindsey Graham. But as Tapper pressed the President on Iran and other issues, and invited…

Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount Skydance’s Warner Bros. Discovery deal faces a new state-level antitrust lawsuit from California and 11 other states, testing whether federal clearance is enough to keep the $110 billion merger on track.

In this episode

1. 12 States Challenge Paramount’s $110 Billion Merger With Warner Bros. | The Epoch Times — The Epoch Times

   12 States Challenge Paramount’s $110 Billion Merger With Warner Bros. | The Epoch Times

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# 12 States Challenge Paramount’s $110 Billion Merger With Warner Bros.

California’s lawsuit claims that the transaction violates federal antitrust laws.

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The Warner Bros. water tower appears at Warner Bros. Studios in Burbank, Calif., on Dec. 5, 2025.…

Step Back — If the DOJ has already cleared the Paramount-WBD merger, what does it actually mean for 12 states to sue anyway — are they using the same antitrust playbook, or can state AGs push a different theory that keeps the deal in limbo?Background sources

• Justice Department approves Paramount’s acquisition of Warner Bros. - POLITICO — Politico
• States Sue to Block Paramount-Warner Bros. Merger, Defying DOJ — Gene Maddaus
• 12 states sue to block Paramount-Warner Bros. Discovery merger - CBS News — Cbsnews
• 12 states challenge Paramount's takeover of Warner, say merger would 'extinguish competition' | PBS News — PBS News
• States sue to block Paramount/WBD merger that was approved by Trump admin - Ars Technica — Arstechnica

David Zaslav Selling $59.5M In WBD Shares — Deadline

David Zaslav Selling $59.5M In WBD Shares

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By Dade Hayes

July 13, 2026 4:49pm

Story Arc

Warner Bros. Discovery CEO David Zaslav Kevin Dietsch/Getty Images

Warner Bros Discovery CEO David Zaslav is selling about $59.5 million in company stock, his latest move to cash in on the company’s stock rebound.

The sale of the nearly 2.2 million shares was revealed in an SEC…

Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount Skydance’s Warner Bros. Discovery deal got a reprieve as Oregon withdrew its bid for a 60-day closing delay, clearing one obstacle while state antitrust probes and overseas reviews still threaten the path to a possible July 22 close.

In this episode

1. Paramount's big merger just got some breathing room — Rolling Out

   Paramount's big merger just got some breathing room

# Paramount’s big merger just got some breathing room

Oregon has withdrawn its push to delay Paramount’s Warner Bros. Discovery merger

- By Gesi Lloyd

- Jul 11, 2026

- 5:19 pm

Photocredit : Shutterstock.com/miss.cabul

Oregon’s attorney general has withdrawn a motion seeking to delay the closing of Paramount’s roughly $110 billion…

Step Back — When people say the Paramount–Warner Bros. deal has “breathing room” now, does that mean it’s basically approved — or are there still separate regulatory, court, and financing gates that could realistically slow or change the closing?Background sources

• DOJ Antitrust Division Approves Paramount-Warner Bros. Discovery Merger — Todd Spangler
• Paramount to amend $111B Warner Bros. deal to win EU green light – POLITICO — Politico
• EU Kicks Off Probe of Paramount's $24 Billion in Middle Eastern Funding for Warner Bros. Deal — Todd Spangler
• Paramount-Warner Merger Enters Crunch Time In Europe, UK Holds Key — Jake Kanter
• Oregon AG Drops Bid to Delay Paramount-Warner Bros. Merger — Gene Maddaus
• Oregon A.G. Seeks Delay of Paramount-Warner Bros. Merger — Gene Maddaus

Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount Skydance’s Warner Bros. Discovery bid faces a state-level pressure test in Oregon, where the AG wants documents and a 60-day pause, while Arete warns the merged company could carry a heavy debt load.

In this episode

1. Step Back — If federal regulators have cleared the Paramount-Warner deal and Warner shareholders have approved it, what power do state attorneys general — like Oregon — still have to force a delay or block it, and what would they have to prove in court?Background sources
   • Attorney General Rayfield Calls on Paramount Skydance to Turn Over Records, Pause Warner Bros Discovery Merger - Oregon Department of Justice : Media — Melody Duncan
   • Paramount’s Warner Bros. Deal Should Be Delayed, Oregon Says (2) — Bloomberglaw
   • Oregon to ask court to delay Paramount deal for 60 days while it reviews records | 1330 & 101.5 WHBL — Thomson Reuters
   • Oregon A.G. Seeks Delay of Paramount-Warner Bros. Merger — Gene Maddaus
   • Oregon Attorney General Seeks Delay Of Paramount's Close Of WBD Deal — Ted Johnson
   • The fight to stop a Hollywood megamerger is far from over — Nbcnews
2. Paramount Slumps as Arete Questions Debt From Warner Deal (2) — Bloomberg Law

   Paramount Slumps as Arete Questions Debt From Warner Deal (2)

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Paramount Skydance Corp. management may not have the experience needed to manage the large amount of debt that will come from a merger with Warner Bros. Discovery Inc., according to Arete Research.

The parent of CBS and other media businesses said it would buy Warner Bros. for $110 billion in late February, a deal…

Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount-Warner deal puts nearly $80 billion of debt at the center of David Ellison’s Hollywood scale play, raising pressure on streaming, sports rights, programming budgets, and credit risk.

In this episode

1. Paramount-Warner Deal Saddles Combined Entity With $80B Debt — Wall Street Journal US Business

   Paramount-Warner Deal Saddles Combined Entity With $80B Debt

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### Paramount-Warner Deal Saddles Combined Entity With $80B Debt

Wall Street Journal US Business • July 8, 2026 at 9:00 PM ET

David Ellison unveiled an $81 billion agreement to acquire Warner Bros. Discovery, promising a new Hollywood era built on scale and a slate of at least 30 theatrical movies annually. The…

Daily TopFive for Paramount Skydance Watch. Links above go to the original articles. Follow and rate Paramount Skydance Watch wherever you listen. Feedback? Email [email protected].

Paramount Skydance merger chatter heads to Sun Valley as media chiefs weigh deal pressure, while Sky’s ITV bid braces for a long UK antitrust review and new HSR data show federal merger timing is loosening again.

In this episode

1. Comcast Split, Paramount-WBD, AI Among Topics As Moguls Arrive At Sun Valley Confab — Deadline

   Comcast Split, Paramount-WBD, AI Among Topics As Moguls Arrive At Sun Valley Confab

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## Breaking News

Mariska Hargitay To Host 2026 Emmy Awards On NBC

Read the full story

By Jill Goldsmith, Dade Hayes

July 7, 2026 12:55pm

Idaho's Sun Valley Lodge and Resort, site of the annual Allen & Co. conference Kevin Dietsch/Getty Images

The pine trees, hiking…

Step Back — Warner Bros. Discovery shareholders apparently said yes to the Paramount merger but no to David Zaslav’s pay package — so what does that vote actually change in legal terms, and what is just a public rebuke?Background sources

• WBD Shareholders Reject David Zaslav's Golden Parachute In Merger — Jill Goldsmith
• Paramount Deal for Warner Bros Approved By Shareholders — Alex Weprin
• Warner Bros Shareholders Approve Paramount Merger, Vote Against Zaslav Pay Package — Todd Spangler
• David Zaslav Merger Payout Approved By Just 17% Of WBD Shareholders — Dade Hayes
• Warner Bros Shareholders Approve Paramount Merger, Vote Against Zaslav Pay Package — Todd Spangler
• David Zaslav Paramount Deal 'Windfall' Payout: ISS Says Warner Bros Shareholders Should Vote Against Measure — Todd Spangler

ITV Braces for Antitrust Review of Sky Takeover — The Hollywood Reporter

ITV Braces for Antitrust Review of Sky Takeover

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ITV CEO Carolyn McCall Courtesy of ITV

ITV doesn’t expect it will be easy to convince regulators to approve the biggest merger in the history of U.K. broadcasting.

ITV CEO Carolyn McCall, speaking to the media on a conference call following the news that Comcast-owned Sky plans to acquire ITV’s networks and streaming…

HSR Report Showed Early Terminations Are (Almost) Back - AAF — American Action Forum

HSR Report Showed Early Terminations Are (Almost) Back - AAF

https://www.americanactionforum.org/insight/hsr-report-showed-early-terminations-are-almost-back/

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# HSR Report Showed Early Terminations Are (Almost) Back

Fred Ashton

Executive Summary

- On July 2, 2026, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) released the 48th Annual Hart-Scott-Rodino Report…

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