{
  "id": 11063220,
  "title": "Paramount gets court green light on Warner Bros deal, names Mattel’s Kreiz co-CEO",
  "url": "https://urgent.news/2026/09/30/paramount-gets-court-green-light-on-warner-bros-deal-names-mattels",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T23:55:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/paramount-gets-court-green-light-on-warner-bros-deal-names-mattels-kreiz-co-ceo"
  },
  "original_language": "en",
  "account": "A US judge approved the $110 billion acquisition of Warner Bros by Paramount, allowing the deal to close on October 6. The court dismissed objections from a California-led group of 12 states, ruling that the merger would not harm competition or consumer choice. Mattel CEO Ynon Kreiz has been named co-CEO to oversee the combined business, alongside Paramount chairman and CEO David Ellison. The merged entity must release a minimum of 30 films per year for five years and allocate $300 million annually to U.S. production. Paramount and Mattel have also settled antitrust lawsuits, with Kreiz joining the company on October 5.",
  "summary": "The companies said in a statement that the deal is expected to close on Oct 6.",
  "key_points": [
    "US judge approves $110B Warner Bros deal with Paramount",
    "Mattel CEO Ynon Kreiz named co-CEO alongside David Ellison",
    "Merged entity must release 30 films/year, $300M U.S. production budget"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/11063220.png",
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "US judge allows Paramount to close Warner Bros acquisition",
        "url": "https://urgent.news/2026/09/30/us-judge-allows-paramount-to-close-warner-bros-acquisition",
        "published": "2026-09-30T19:42:47.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Paramount stumps up high borrowing costs to fund Warner Bros deal",
        "url": "https://urgent.news/2026/09/30/paramount-stumps-up-high-borrowing-costs-to-fund-warner-bros-deal",
        "published": "2026-09-30T21:37:36.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US judge allows Paramount to close Warner Bros acquisition",
        "url": "https://urgent.news/2026/09/30/us-judge-allows-paramount-to-close-warner-bros-acquisition-11053249",
        "published": "2026-09-30T23:02:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}