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Attorney General Rob Bonta and U.S. lawmakers warn the massive media tie-up could trigger job cuts and stifle Hollywood competition.

A 'downward spiral' of production cuts, aggressive AI adoption, and tax-incentive shifts has wiped out 42,000 jobs in Los Angeles County alone.

Paramount Skydance is poised to acquire Warner Bros. Discovery for $31.00 per share in cash, with a deal closure expected by Q3 2026.

The actor joined Senator Adam Schiff in Burbank to address the Paramount-Warner Bros. Discovery merger and the urgent need for domestic film tax incentives.

Production days in L.A. drop by 33% as Paramount Global, Disney, and Warner Bros. Discovery slash thousands of jobs to offset streaming losses.

From Disney layoffs to an $800 million spending drop in Georgia, the industry faces an "existential" crunch following the 2023 strikes.

Netflix co-CEO Ted Sarandos exits the race for the historic studio, allowing Paramount Skydance to move forward with a record-breaking acquisition of Warner Bros. Discovery.

Major studios like Disney and Paramount face a stark new reality of job cuts, streaming losses, and a shift toward international tax havens.

Paramount and Skydance advance a massive $110 billion merger with WBD as the Writers Guild of America calls for federal intervention to block the deal.

Supervisor Lindsey P. Horvath calls for economic study and DOJ comments on the proposed $110-111 billion merger, citing job loss and competition worries.

Fitch Ratings and S&P Global downgrade the media giant to BB+ as the combined company grapples with a staggering $79 billion debt load following its Warner Bros. Discovery deal.

The RedBird Capital founder tells Puck and 'The Town' that $6 billion in cuts will help reach a massive $18 billion EBITDA goal without gutting the workforce.

The Department of Justice and California's Attorney General Rob Bonta are actively scrutinizing the proposed acquisition, citing concerns over market consolidation, consumer impact, and potential job

Paramount Global has upped its all-cash offer for Warner Bros. Discovery to $31 per share, challenging Netflix's standing $82.7 billion deal and intensifying the battle for the Hollywood giant.

Paramount Global has reportedly raised its all-cash offer to acquire Warner Bros. Discovery, prompting the WBD board to re-evaluate its existing merger agreement with Netflix.

A major American media conglomerate has acquired a prominent European film production studio in a multi-billion dollar deal, poised to dramatically boost its presence across the continent and expand

Warner Bros. Discovery is reviewing a revised $31 per share acquisition bid from Paramount Skydance, potentially creating a fresh challenge to its existing agreement with Netflix.

Paramount Global has reportedly submitted a new, higher all-cash offer for Warner Bros. Discovery, intensifying the bidding war against Netflix for the storied studio's future.