Urgent.News

What's breaking now, across thousands of outlets.

Tech

Paramount: Prozess zu Warner-Übernahme erst im März

Klagen mehrerer US-Bundesstaaten und Drehbuchautoren halten die Übernahme des Hollywood-Urgesteins auf. Vor nächstem März dürfte nicht viel passieren. Für Paramount wird es teuer.

Original German Read in English

Paramount: Prozess zu Warner-Übernahme erst im März

Paramount's acquisition of Hollywood giant Warner Brothers remains stalled for an extended period, with a judge setting the antitrust lawsuit brought by several US states and the Writers Guild for early March. This delay makes the already $111 billion (approximately $96 billion) deal even more costly for Paramount. To reassure Warner Brothers shareholders, Paramount executives have pledged additional payments of around $650 million per quarter if the takeover does not conclude by the end of September.

This likely means Paramount will have to pay at least an additional $1.3 billion. The timeline is also running short, as the companies have set a deadline of June 4, 2027, to finalize the takeover. Failure to meet this deadline could allow Warner Brothers to terminate the deal, incurring a seven billion dollar contract penalty from Paramount.

CBS may also be extended. Paramount postponed the deal after the antitrust lawsuits were filed. The case is significant as critics of US President Donald Trump fear that Warner Brothers' news channel CNN could lose its editorial independence under Paramount's control. Behind Paramount is the family of billionaire Larry Ellison, known for supporting Trump.

Originally, Warner had planned to sell its streaming and studio business to Netflix last year, but Paramount's higher bid for the entire Warner Bros. Discovery group, including TV networks like CNN, prevailed. Trump critics point out that CBS, under the Ellisons' ownership, had become more favorable to the US government. Trump had emphasized the importance of a change in ownership for CNN in a Warner deal.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Tech

SpaceX says it’s coming for AT&T, Verizon, and T-Mobile customers

SpaceX President Gwynn Shotwell said the company's next-gen Starlink Mobile satellites will launch 2027, improving service capacity.

  • SpaceX's Starlink Mobile aims to attract AT&T, Verizon, and T-Mobile customers.
  • Next-generation satellites planned for 2027 to offer "100 times better" service.
  • Starlink Mobile intends to become a full-fledged wireless carrier after launch.

Armed man arrested near Trump's golf course

A man carrying ammunition has been arrested after appearing to monitor security preparations at Donald Trump's golf course near Los Angeles (LA) two days prior to the US president's visit, authorities…

More from Wednesday 5 August →