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US states are reportedly planning to sue to block Paramount's Warner Bros. takeover
US states are reportedly planning to sue to block Paramount's Warner Bros. takeover California’s attorney general Rob Bonta launched a probe into the deal shortly after it was announced. Amid widespread opposition to Paramount's $110 billion acquisition of Warner Bros., multiple US states are reportedly working together to fight the merger. According to a Reuters report, California and New York are among states preparing a lawsuit to block the deal.
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,...
The UK is investigating Paramount's takeover of Warner Bros. Discovery
The UK is investigating Paramount's takeover of Warner Bros. Discovery The first phase of the CMA's probe into the $110 billion deal could last for two months. UK antitrust officials have opened a formal investigation into Paramount's pending takeover of Warner Bros. Discovery (WBD). The Competition and Markets Authority (CMA) announced on Tuesday that it will begin a merger inquiry into the $110 billion acquisition.
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...
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...
Changes at CBS put pressure on California AG to challenge Paramount-Warner Bros. deal
The article discusses the potential impact of changes at CBS on the approval of the $110 billion Hollywood megamerger between Paramount and Warner Bros. by the DOJ. Experts suggest that political concerns over the turmoil at Paramount's CBS may push Democratic AGs to challenge the deal. The article highlights the potential pressure on California AG to take action against the merger due to the changes at CBS.
Netflix film chief says they won't work with directors who want to release movies in theaters
When Netflix announced it intended to buy Warner Bros. Pictures, there was widespread concern that the streaming service giant would permanently alter the legendary studio. While many Netflix executives, including CEO Ted Sarandos, claimed that they wouldn't make such changes, it seemed clear what their interest in Warner Bros. came to. Instead of building up the theatrical model, essentially developing and producing movies with the intent of showing them in theaters, Netflix wanted Warner...
Listen to the new Steam Controller buzz to the tune of Doom
You may have heard that Valve's new Steam Controller can ring like a telephone or do the Wilhelm scream. But did you know it can sing songs, too? Here's the new Steam Controller performing the "Ground Theme" from Super Mario Bros. 2: Here is "Still Alive" from Portal - fitting for Valve hardware: I even made it play Doom: View this post on Instagram Are you wondering how the controller, which does not have a speaker, is able to make audio at all?