Exclusive-US sends subpoenas in Warner-Paramount antitrust review as probe picks up steam [Yahoo! Finance Canada]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance Canada
acquisition ?of Warner Bros Discovery, three sources familiar with the ?matter told Reuters. The inquiries show the DOJ moving ahead with its probe into the $110 billion acquisition that would combine the two major ?studios, along with ?the companies' streaming platforms and news operations. Hollywood and Wall Street are ?intensely interested in the deal, which could shrink jobs if it succeeds but cost Paramount $7 ?billion if ?it is blocked. The ?DOJ is seeking ?information on how the deal would affect studio output, content rights and competition among streaming services, the sources said. The DOJ is also asking how the acquisition could affect movie ?theaters, two of the ?sources said. A Justice Department spokesperson ?did not ?immediately respond to a request for ?comment. Paramount has been expecting ?authorities in ?many places to review the deal, Chief Legal Officer Makan Delrahim said at an ?antitrust conference ?in Washington on Wednesday. (Reporting by Jody Godoy
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WBD
Earnings
- 2/26/26 - Miss
WBD
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/26/26 - Form DEFA14A
- 3/26/26 - Form DEFM14A
- WBD's page on the SEC website