Paramount Prepares Legal and Financial Strategy for $110 Billion Warner Bros. Acquisition
Paramount is moving to finalize a $110 billion acquisition of Warner Bros. Discovery, outbidding Netflix for the studio. To secure the deal, the company is preparing a massive $50 billion debt sale to test global credit markets. Chief Legal Officer Makan Delrahim, a former DOJ antitrust official, is leading the effort alongside heavyweight antitrust litigator Jeffrey Kessler to navigate the complex regulatory landscape. The deal faces significant pushback, including an open letter from over 5,000 industry workers urging California Attorney General Rob Bonta to block the merger on antitrust grounds. While Delrahim has dismissed these concerns as "fear-mongering" and partisan politics, critics warn that the merger would grant the Ellison family control over both CBS News and CNN while…
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Jeffrey Kessler will work alongside ... Makan Delrahim and David Gelfand. The big-name antitrust lawyer is known for taking on plaintiff-side antitrust work and won pivotal competition cases against the NCAA and Live Nation. ... Jeffrey Kessler, a heavyweight in antitrust litigation who most recently secured a landmark win for states suing Live Nation, will defend Paramount‘s $110 billion megadeal for Warner Bros...
Paramount's Delrahim slams 'fear-mongering' and partisan politics clouding Warner Bros. deal | Entertainment News | recorderonline.com
Discovery would give the Ellisons control of both CBS News and CNN. Paramount's bid for Warner Bros. has sparked dread in Hollywood for another reason, too: Thousands of jobs already have vanished through a string of media mergers. More than 5,000 artists and entertainment industry workers have signed an open letter, calling on California Atty. General Rob Bonta to try to block the deal on antitrust grounds. In an interview with The Times, Delrahim ...
Paramount, pushing to buy Warner Bros., girds for legal challenges - Los Angeles Times
The Ellisons and their team began plotting their comeback in December, the morning after Netflix clinched its deal to buy Warner Bros. Feb. 27, 2026 · Paramount Chief Legal Officer Makan Delrahim has made several savvy tactical moves since joining Ellison’s Melrose Avenue firm last fall.
David Ellison Delivered. Now It’s Up to Makan Delrahim to Close the Warner Bros. Deal
Netflix CEO Ted Sarandos had just ... acquire Warner Bros. He faced a bet-the-company decision. Paramount had raised its bid, dethroning Netflix in the jockeying for the fabled studio. Sarandos had days to decide whether to counter. Instead, just hours after he was pictured departing the White House, he dropped out of the bidding war. Paramount had won. Now, all eyes turn to two people: Makan Delrahim, a savvy legal operator who’s familiar with the ins-and-outs of D.C. dealmaking and is the ...
Paramount taps every avenue to fund Warner Bros. takeover, lines up nearly $50 billion debt sale - Storyboard18
Paramount Skydance and its bankers are ramping up efforts to secure financing for the company’s proposed $110 billion acquisition of Warner Bros. Discovery, with plans taking shape for a massive debt sale that could test investor appetite in global credit markets.
Paramount Skydance (PSKY) stretched itself thin in its $110B takeover bid for Warner Bros. Discovery (WBD) and now the companies’ bankers are preparing to bring the $50B debt sale for the buyout to market, Aaron Weinman and Davide Barbuscia of Bloomberg reports.Claim 55% Off TipRanksUnlock ...
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