Paramount closes $110 billion deal to acquire Warner Bros. Discovery
The merger unites two major movie studios, news operations CBS News and CNN and cable networks including Comedy Central and TNT.
Warner Bros.
Paramount-Warner merger: What to expect
CBS News' parent company, Paramount Skydance, merged with Warner Bros. Discovery on Tuesday, creating a new company now called Skydance. Jo Ling Kent reports on what this means for audiences.
Key facts on Paramount Skydance settlement
Paramount Skydance reached a settlement with 12 states regarding antitrust concerns, clearing the way for its $110 billion acquisition of Warner Bros. Discovery. Jo Ling Kent reports.
Paramount Skydance reaches antitrust deal with states over Warner Bros. Discovery purchase
Paramount's agreement with 12 state attorneys general paves the way for the company to complete its $110 billion acquisition of Warner Bros. Discovery.
Paramount merger with Warner moves ahead
Paramount-Skydance has now settled two major lawsuits that were holding up the company's $111 billion buyout of Warner Bros. Discovery. One lawsuit was filed by the Writers Guild of America; the other by a dozen states. Paramount is the parent company of CBS News. Jo Ling Kent has the details.
Paramount to delay Warner Bros. merger until as late as June 2027
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
12 states sue to block Paramount-Warner Bros. Discovery merger
The suit poses a new challenge to the $110 billion deal that would unite two of the nation's largest media companies.
States sue to block Paramount-WBD merger
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
DOJ paves way for Paramount Skydance to buy Warner Bros. Discovery
Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery would not harm U.S. consumers or weaken competition, DOJ antitrust enforcers said.
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SpaceX officially went public on Friday, making history as the largest initial public offering of all time and making Elon Musk a trillionaire. Also on Friday, the Justice Department gave the green light for a merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery. Jo Ling Kent has more.
DOJ approves Paramount-Warner Bros. merger
The Justice Department has given the merger between CBS News' parent company, Paramount Skydance, and Warner Bros. Discovery the green light. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
What's next for Warner, Paramount Skydance?
Warner Bros. Discovery shareholders voted on Thursday to approve Paramount Skydance's acquisition of the company in a deal valued at roughly $81 billion. Paramount Skydance is the parent company of CBS News. CBS News senior business and tech correspondent Jo Ling Kent reports on the vote and next steps.
Netflix drops bid for Warner Bros. Discovery, paving way for Paramount Skydance
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Netflix drops bid for Warner Bros. Discovery
Netflix announced it is dropping its bid for Warner Bros. Discovery, which paves the way for Paramount Skydance, the parent company of CBS News, to acquire it instead. The merger would require approval from Warner Bros. shareholders and federal regulators.
"Heated Rivalry" Season 2 is coming "as soon as humanly possible," creators say
A second season of "Heated Rivalry" is underway and filming will begin this summer, says show creator and director Jacob Tierney.
Paramount Skydance raises bid for Warner Bros. Discover to $31 per share
Warner Bros. Discovery said it will engage with Paramount Skydance to assess if its latest offer is superior to Netflix's $83 billion bid.
New developments in battle for Warner Bros.
There are new developments in the major media merger battle over Warner Bros Discovery. In December, Warner Bros agreed to a $83 billion deal with Netflix - rejecting a $108 billion bid from Paramount Skydance. But on Tuesday, Netflix agreed to give Warner Bros. one week to reopen negotiations with Paramount.
Warner Bros. Discovery restarts takeover talks with Paramount Skydance
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
Netflix revises its offer for Warner Bros. Discovery, making it all cash
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Warner Bros. Discovery rejects Paramount Skydance's latest hostile bid
Warner Bros. Discovery's board again urged shareholders to reject Paramount Skydance's offer, calling it inferior to Netflix's bid
Jared Kushner's private equity firm backs out of Paramount's bid for Warner Bros.
The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.
Touting Warner Bros. offer, Netflix execs vow to keep releasing movies
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
U.S. seizes oil tanker off Venezuelan coast
The U.S. has seized an oil tanker off the coast of Venezuela, President Trump confirmed on Wednesday. CBS News White House reporter Olivia Rinaldi has more.
Details on Paramount bid for Warner Bros.
Paramount Skydance has announced a hostile takeover bid for Warner Bros. Discovery after Netflix reached a deal last week to buy part of the company. The Paramount Skydance offer to purchase the entire company was presented directly to Warner Bros. shareholders. CBS News MoneyWatch correspondent Kelly O'Grady explains.
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