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Paramount, Warners Bros. Staffers In Limbo and “Denial” as Merger Deal Drags On
As a lawsuit from 12 states halts David Ellison’s $111 billion deal close until the March trial, both studios are in a holding pattern, with some projects at risk and priorities restricted by deal terms.
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fortune.com
Careful what you bid for: The Ellisons' Paramount/WBD deal is slipping toward a costly legal and financial cliff | Fortune
With free cash flow at just $96 million, the $110 billion Warner Bros. bid faces a ticking fee Paramount can barely afford as states want a 2027 trial.
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frontofficesports.com
Paramount Trial Delayed as Ellison Makes Case for Merger
Paramount said Tuesday that it generated $6.91 billion in revenue for the second quarter, up 1% from the same period a year ago.
