Variety [Unofficial]Senate Democrats Implore FCC Chair to Conduct ‘Rigorous’ Review of Paramount-Warner Bros. Merger Foreign Investment: Deal ‘Raises National Security Alarms’
VarietySenate Democrats Implore FCC Chair to Conduct ‘Rigorous’ Review of Paramount-Warner Bros. Merger Foreign Investment: Deal ‘Raises National Security Alarms’
#Variety #News #FCC #ParamountSkydance #WarnerBrosDiscovery
Senate Democrats Implore FCC Chair to Conduct 'Rigorous' Review of Paramount-Warner Bros. Merger Foreign Investors
Several Democratic senators are again urging the FCC to not rubber-stamp Paramount Skydance's proposed $111 billion takeover of Warner Bros. Discovery -- citing concerns over foreign investors, including Middle Eastern wealth funds, that are backing the pact.
The Bad PlaceVariety | Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says by Todd Spangler
AI generated summary, Read the full article for complete information.
S&P Global says that once Paramount Skydance’s $111 billion merger with Warner Bros. Discovery closes, its “BB+” issuer rating will be cut to “BB,” reflecting a move deeper into junk‑status territory and “major ongoing uncertainties.” The downgrade is tied to the combined company’s elevated leverage—Paramount will assume roughly $30 billion of Warner Bros. Discovery’s net debt plus its own borrowing, pushing the projected 2026 debt‑to‑EBITDA ratio to about 7.6× and not falling below 5× until 2029. S&P warns of slower‑than‑expected deleveraging due to integration risks, secular trends, geopolitical and macro‑economic factors, and a fragmented media landscape increasingly challenged by AI. While the firms anticipate more than $6 billion in cost synergies from real‑estate rationalisation, process improvements and a unified streaming platform, the rating agency will only count these once realised and expects layoffs mainly in linear‑TV operations and corporate overhead. The deal is slated to close in September 2026, pending regulatory approval.
Paramount Junk-Status Credit to Be Lowered With Warner Bros. Merger
S&P Global Ratings already has Paramount Skydance's credit rating in junk-status territory -- indicating that its debt securities are considered speculative-grade. But if and when Paramount completes its megadeal for Warner Bros. Discovery, the credit-rating firm will take it down another notch.
Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says
Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says
#Variety #News #ParamountSkydance #WarnerBrosDiscovery
Paramount Junk-Status Credit to Be Lowered With Warner Bros. Merger
S&P Global Ratings already has Paramount Skydance's credit rating in junk-status territory -- indicating that its debt securities are considered speculative-grade. But if and when Paramount completes its megadeal for Warner Bros. Discovery, the credit-rating firm will take it down another notch.
Donald Trump Discloses at Least $220 Million in Q1 Financial Transactions, Including Purchases of Paramount, WBD, Netflix, Disney and Comcast Securities
Donald Trump Discloses at Least $220 Million in Q1 Financial Transactions, Including Purchases of Paramount, WBD, Netflix, Disney and Comcast Securities
#Variety #News #DonaldTrump #Netflix #ParamountSkydance #WarnerBrosDiscovery
Donald Trump Discloses $220 Million+ Q1 Financial Transactions, Including Purchases of Paramount, WBD, Netflix, Disney and Comcast Securities
Donald Trump disclosed financial transactions for Q1 2026 with a total value of at least $220 million, including purchases of Paramount, WBD, Netflix, Disney and Comcast stock.
Paramount Skydance Defends WBD Merger by Arguing That Neither Paramount+ nor HBO Max Could ‘Catch Up’ to Netflix, Disney or Amazon on Their Own
#Variety #News #HBOMax #ParamountPlus #ParamountSkydance #WarnerBrosDiscovery
Paramount Skydance Defends WBD Merger by Arguing That Neither Paramount+ nor HBO Max Could ‘Catch Up’ to Netflix, Disney or Amazon on Their Own
Opposition Mounts to Paramount-WBD Merger. Will It Make a Difference?
