$PSKY

Paramount Skydance (NASDAQ: PSKY) said it has met all regulatory clearance conditions to close its proposed acquisition of Warner Bros. Discovery (NASDAQ: WBD), with approvals in 68 countries and regions, including the EU, UK, U.S. DOJ, and Mexico. Paramount says only litigation by California and 11 other state AGs remains. It cites regulator findings that the deal is unlikely to lessen competition.

Paramount Skydance said Mexico approved its proposed acquisition of Warner Bros. Discovery, adding to clearances in 68 jurisdictions. Paramount said it met all regulatory conditions, but the deal is not closed due to a US legal challenge by California and 11 other state attorneys general. The review covered streaming, TV, film and licensing.

Paramount (PSKY) shares rose 9.4% to $10.14 after a court-ordered pause on its Warner Bros. Discovery (WBD) merger was extended until Aug. 17. The article estimates a Warner delay fee of about $6.9M per day. It cites Paramount Q2 revenue of $6.91B, adjusted EBITDA $1.10B, and raised 2026 EBITDA guidance to $3.8B-$3.9B.

Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) face renewed uncertainty over their roughly $110 billion merger as rumors about a potential CNN sale conflict with statements from media insiders. Paramount’s legal chief said the company could consider options amid an antitrust challenge. PSKY shares rose 0.4% overnight; PSKY is down 25% YTD and WBD down over 3%.

The article discusses Warner Bros. Discovery’s stalled Paramount Skydance merger, citing state antitrust challenges and a trial expected in early 2027, with daily fees accruing to shareholders starting in October. It notes Third Point increased its stake and references insider sales by executives. WBD reported Q2 2026 revenue of $8.7B, down 11.16% year over year.

Paramount Skydance (PSKY) said it has met regulatory conditions in its proposed $110 billion acquisition of Warner Bros. Discovery (WBD), clearing reviews in 68 countries including Mexico. Paramount says only 12 state attorneys general lawsuits remain, urging them to resolve to allow closing. PSKY was up about 1.1% after hours; WBD down ~0.04%.

Paramount Skydance (PSKY) said regulators cleared its planned Warner Bros. Discovery merger in 68 countries, with Mexico the latest approval. Reviews by authorities including the EU, UK, US DOJ, and others found no major competition concerns. Remaining obstacle is litigation by 12 US state attorneys general. PSKY rose to about $10.14.

Paramount Skydance said Mexico approved its takeover of Warner Bros. Discovery, joining nearly 70 jurisdictions, after U.S. DOJ approval in June. Paramount said state AG litigation and a Writers Guild of America lawsuit remain obstacles. The merger was delayed, with a trial set for March. Paramount also said it would leave California if no deal by Oct. 1.

Warner Bros. Discovery (WBD) shares fell about 3% after Reuters reported that multiple U.S. states plan a lawsuit to block Paramount Skydance’s (PSKY) $110B merger. PSKY was down about 8%. The deal would pay $31 per WBD share and target Q3 2026 closing, pending regulators.

Paramount Skydance (NASDAQ: PSKY) said it has obtained all regulatory clearances needed to close its acquisition of Warner Bros. Discovery (NASDAQ: WBD), citing approvals across 68 countries and regions, including the EU, UK, U.S. DOJ, and Mexico. The remaining obstacle is litigation by California and 11 other state attorneys general. Regulators cited no antitrust concerns and Paramount pledged at least 30 films annually.