Paramount agrees to pause Warner Bros deal while court case plays out

Paramount agrees to pause Warner Bros deal while court case plays out

The delay, filed in court on Friday, can cost Paramount $1.7bn in fees if the deal is not closed by next June. Published On 24 Jul 202624 Jul 2026 Paramount Skydance has agreed to pause its $110bn acquisition of Warner Bros Discovery until after a federal judge rules on states’ challenge to the deal, according … Read more

Netflix cofounder Hastings to step down after it lost Warner Bros deal

Netflix cofounder Hastings to step down after it lost Warner Bros deal

The company’s stock plunged about 8 percent on the news of Hastings’s departure. Published On 16 Apr 202616 Apr 2026 Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery to Paramount Skydance. In a … Read more

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