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Mergers Acquisitions

All articles tagged with #mergers acquisitions

LA County study warns Paramount-Warner merger could cost Hollywood over 10,000 jobs
business8 days ago

LA County study warns Paramount-Warner merger could cost Hollywood over 10,000 jobs

A Los Angeles County Department of Economic Opportunity assessment projects that the Paramount–Skydance merger with Warner Bros. Discovery could threaten about 10,360 local jobs and $4.06 billion in total business output, including 4,500 film/TV positions in Los Angeles lost over three years, 2,661 jobs at small businesses that support production, and 3,204 related jobs from worker spending, with wages potentially down by $1.26 billion. The report accompanies the county’s final 120‑day workforce analysis, issued as California and 11 other attorneys general sue to block the merger, which California AG Rob Bonta has called unlawful and harmful to consumers.

via New York Post|
#business#california#los-angeles
Paramount seeks $1.88B bond to cover delay costs in Warner Bros. deal challenge
business11 days ago

Paramount seeks $1.88B bond to cover delay costs in Warner Bros. deal challenge

Paramount asked a federal court to require a $1.88 billion bond from states suing to block its Warner Bros. Discovery merger to cover delay costs if the deal misses its Sept. 30 close; ticking fees total about $1.7B plus about $190M in incremental financing costs, and Paramount argues the states can post the bond while the challenge plays out, with the DOJ approval expiry approaching and a March trial slated.

via nypost.com|
#bond#business#mergers-acquisitions
TV’s 2029 Playbook: Personalization, Bundles, and Big Deals
business12 days ago

TV’s 2029 Playbook: Personalization, Bundles, and Big Deals

CNBC’s Future of TV survey of 10 media executives outlines a 2026–2029 landscape with a continued cable subscriber decline, broader streaming bundles, and ongoing mega-deals, plus a push toward ubiquitous personalization, smarter ads, and frictionless commerce. Expect day‑and‑date global premieres, live sports as a pillar, licensing of podcasts to TV networks, and AI‑driven ‘content without borders,’ all while Big Tech faces more scrutiny and platforms increasingly act as aggregators.

via CNBC|
#business#cable-subscriptions#mergers-acquisitions
Iger and Kushner land Lakers at $12.5B, Walter pockets $2.5B after 14 months
business14 days ago

Iger and Kushner land Lakers at $12.5B, Walter pockets $2.5B after 14 months

Iger and Kushner agreed to buy the Los Angeles Lakers from Mark Walter for a record $12.5 billion, delivering Walter a $2.5 billion profit after just 14 months of ownership and pending NBA Board approval; the deal signals Iger’s long‑held aim to own top sports franchises and advances Thrive Eternal’s sports-investment ambitions, including a Las Vegas expansion bid.

via Los Angeles Times|
#bob-iger#business#investment
Sinclair Bets on Deregulated TV Landscape Amid FCC Ownership-Cap Move
business22 days ago

Sinclair Bets on Deregulated TV Landscape Amid FCC Ownership-Cap Move

Sinclair CEO Chris Ripley said he couldn’t be happier about the FCC’s expected repeal of the 39% local TV ownership cap, arguing the deregulation will reduce risk and unlock large-scale M&A in a changing media landscape. The move could influence Nexstar’s Tegna case and broader consolidation efforts, though legal challenges are anticipated. On the earnings front, Sinclair reported Q2 revenue of $840 million, up 7% year over year, but a net loss of $1.06 per share, with revenue beating forecasts but earnings missing expectations. Ripley signaled ongoing dealmaking ambitions beyond Scripps, viewing cap removal as a catalyst for future transactions despite regulatory hurdles.

via Deadline|
#broadcasting#business#fcc
AZN and BMY Consider $400B Merger in Pharma Tie-Up
mergers-acquisitions-and-takeovers26 days ago

AZN and BMY Consider $400B Merger in Pharma Tie-Up

AstraZeneca and Bristol-Myers Squibb are reportedly in talks to merge, with a combined value near $400 billion that would create one of the world's largest pharma groups; no deal terms have been disclosed and talks could stall. Such a cross-border deal would face antitrust reviews in the US, UK, and EU, with investors awaiting more detail ahead of the Q3 2026 results in late October.

via Yahoo Finance|
#astrazeneca#bristol-myers-squibb#mergers-acquisitions
FCC chair questions legitimacy of multi-state Paramount-WBD challenge
business1 month ago

FCC chair questions legitimacy of multi-state Paramount-WBD challenge

FCC Chair Brendan Carr dismissed the California-led, 12-state antitrust challenge to Paramount Skydance’s $110 billion merger with Warner Bros. Discovery as “not a legitimate antitrust case,” questioning the theory centered on CNN and signaling the courts will decide; the states seek a temporary restraining order to block closing, while potential delays could complicate financing, and separate shareholder lawsuits and relocation pressures add to the dispute.

via New York Post|
#antitrust#business#california
Comcast's NBCU Spin-Off Could Trigger a Media M&A Frenzy
business1 month ago

Comcast's NBCU Spin-Off Could Trigger a Media M&A Frenzy

Comcast announced spin-offs of NBCUniversal and Sky while retaining the cable business, a move analysts say could unlock a wave of mergers and acquisitions as the separated companies become easier to buy, sell, or combine; bankers preview potential moves like Comcast expanding via Charter and possibly selling NBCU to Netflix to bolster a stronger distribution/content platform in a shifting media landscape.

via New York Post|
#business#comcast#media
Comcast cashes in on optionality with NBCUniversal/ Sky spin-off, but deals remain uncertain
business2 months ago

Comcast cashes in on optionality with NBCUniversal/ Sky spin-off, but deals remain uncertain

Comcast plans to separate its cable business from NBCUniversal and Sky to unlock value and growth, while insisting the move isn’t a prelude to imminent M&A. The spin-off could create deal options years down the line, with Charter’s stock rally fueling speculation of a Comcast–Charter tie-up, but executives and analysts warn regulatory hurdles and debt considerations keep near-term megadeals unlikely.

via CNBC|
#business#comcast#mergers-acquisitions
DOJ clears Paramount–Warner Bros. deal amid internal staff skepticism
business2 months ago

DOJ clears Paramount–Warner Bros. deal amid internal staff skepticism

The DOJ approved Paramount Skydance’s $111 billion acquisition of Warner Bros. Discovery after an eight-month antitrust review, arguing the deal would boost competition; WSJ reports say career antitrust staff favored challenging the merger and were overruled, with Ellison’s meeting cited as influential. Critics including Sen. Warren allege political favoritism, while states and EU regulators plan challenges and closer scrutiny.

via Ars Technica|
#antitrust#business#doj
Fox clinches $22B Roku bid as Netflix shares slide
business2 months ago

Fox clinches $22B Roku bid as Netflix shares slide

Netflix stock fell after reports that Fox won a $22 billion deal to acquire Roku, a move seen as part of a broader consolidation in streaming and distribution. The outcome underscores Netflix’s shift from internal growth to potential acquisitions, following a recent Warner Bros. Discovery pursuit and with Lionsgate eyeing interest, while regulators would scrutinize such a merger for antitrust concerns.

via Yahoo Finance|
#business#fox#mergers-acquisitions