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Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal
Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery. In a fiery letter to the Justice Department obtained by NBC News, Paramount Skydance chief legal officer Makan Delrahim excoriated Netflix for what he called a “panic-level response” to the merger that illustrates “just how seriously Netflix takes Paramount as a scaled...
Netflix trying to "poison regulators" about WBD merger, Paramount lawyer claims
Paramount Skydance is accusing Netflix of maintaining a campaign against its proposed acquisition of Warner Bros. Discovery (WBD). In a June 5 letter (PDF) addressed to Jared A. Hughes, acting section chief of the Media, Entertainment, and Communications Section of the US Department of Justice's (DOJ's) Antitrust Division, and A. Maya Kahn, a trial attorney for the Antitrust Division, and first reported on by Politico today, Paramount chief legal officer Makan Delrahim accused Netflix of...
Paramount Is Pulling Every Lever to Sell LBO Debt
Paramount Studios in Los Angeles, California, US, on Tuesday, Dec. 9, 2025. Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026.
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14 BRUSSELS, June 10 : Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing. The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which targets unfair foreign state aid, on Tuesday. The Commission, which acts as the EU competition enforcer,...
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...
CBS News veterans urge Paramount CEO to ‘uphold editorial independence’ at 60 Minutes
Dozens of former news staffers press David Ellison to commit to fair coverage in wake of major firings on the showSeveral dozen veterans of CBS News – including many former 60 Minutes employees – signed a letter to the Paramount Skydance CEO, David Ellison, on Monday, pressing him to commit to the show’s editorial independence four days after network management fired several top staffers and correspondents. On Thursday, the CBS News editor-in-chief, Bari Weiss, and president, Tom Cibrowski,...
CBS News chiefs told Scott Pelley they wanted him to stay on '60 Minutes' before tense clash with new producer
CBS News editor-in-chief Bari Weiss and newly-appointed "60 Minutes" executive producer Nick Bilton made multiple overtures to the show's veteran correspondent Scott Pelley before the tense showdown he had with the incoming boss, Fox News Digital has learned. Weiss sent shockwaves across the media landscape on Thursday with the ousting of "60 Minutes" correspondents Sharyn Alfonsi and Cecilia Vega as well as executive producer Tanya Simon among others, marking an editorial shift in the...
Scott Pelley fired at CBS News after blowups with Bari Weiss, new '60 Minutes' producer
Veteran "60 Minutes" correspondent Scott Pelley was fired from the long-running CBS News show on Tuesday following a bitter clash with the network's editor-in-chief Bari Weiss and new "60 Minutes" executive producer Nick Bilton. "Yesterday, you hijacked my first meeting with staff to disparage me, my qualifications, and my intentions with remarkable incivility and contempt. I welcome a diversity of viewpoints and respectful debate among the team, but this was nothing of the sort," Bilton...