$WBD

LOWE KENNETH W sold 200,000 shares of Warner Bros. Discovery, Inc. (WBD) at $28.35 ($5.67M total) on 2026-09-03.

Norah O'Donnell will return to 'CBS Mornings' alongside Gayle King and Nate Burleson, replacing Tony Dokoupil. She urged critics of CBS News editor-in-chief Bari Weiss to watch the show. Weiss's appointment has drawn criticism from some liberal viewers. O'Donnell will also join '60 Minutes' as a correspondent. CBS's parent company, Paramount, is set to acquire Warner Bros. Discovery for $111 billion, pending legal approval.

California and other US states oppose Iowa and Montana's request to expedite the Supreme Court's review of their motion regarding Paramount's proposed acquisition of Warner Bros. Discovery. The states argue there is no emergency and the current timeline is sufficient, noting the June 4, 2027, merger deadline is not a hard deadline.

Warner Bros. Discovery (WBD) and Doğuş Media Group partnered to co-finance and co-broadcast Turkish series, starting with Salted Love (Tuzlu Kahve). The show will premiere on Star TV and later on HBO Max. WBD aims to expand its presence in Turkey, having acquired BluTV in 2023. The deal allows both companies to share content financing and distribution, benefiting their respective platforms.

Wall Street estimates an 85% chance that Paramount Skydance's (PSKY) $110B acquisition of Warner Bros. Discovery (WBD) will succeed, despite a state antitrust lawsuit. PSKY rose 0.3%, WBD fell 0.8%. WBD trades at $28.53, below PSKY's $31 offer. A delay could cost PSKY $650M/quarter. Analysts see a 90% chance of success.

Warner Bros. Discovery India has discontinued its discovery+ app in India. Existing monthly subscribers will retain access until their billing date, while annual subscribers will receive pro-rated refunds. Content will remain available on partner platforms like Amazon Prime Video Channels and Jio TV.

Paramount Skydance's $110-111 billion acquisition of Warner Bros. Discovery is stalled due to a court-ordered freeze until June 2027. The deal has U.S. DOJ approval and 70 global clearances, but 12 states and the Writers Guild of America are pursuing antitrust claims. Paramount disputes market definitions, and ticking fees of $7 million per day may apply if the deal closes late. Trial is set for March 2027, with settlement talks stalled. The merger would combine CBS News and CNN under Ellison fa

12 state AGs and the Writers Guild of America oppose Paramount's request for a $1.88 billion bond to cover potential losses from delaying its $110 billion acquisition of Warner Bros. Discovery. Paramount argues the bond is necessary to cover ticking fees and financing costs if the merger is blocked. The states claim the bond would unfairly shift costs they argue Paramount agreed to assume.

Warner Bros. Discovery (WBD) shares rose after a court filing suggested potential settlement talks in a lawsuit involving Paramount Skydance (PSKY). WBD's P/S ratio is 1.99, above its historical median, indicating market expectations for growth. The company's GF Score is 54, with weaknesses in growth and valuation. Insiders sold $394.8M in shares over the past year, while institutional investors show mixed interest. WBD's market cap is $71.15B.

New Jersey's Attorney General Davenport, along with 11 other Democratic AGs, is suing to block Paramount Skydance's $110B acquisition of Warner Bros. Discovery, citing antitrust concerns. Meanwhile, Hudson County Democrats urge her to drop the lawsuit, arguing it threatens jobs and investments in the state's film industry. Governor Sherrill supports Paramount's presence in New Jersey but has not commented on the lawsuit.