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…
Prefer swipe-first reading?
Install the app to keep reading with faster loads and a smoother mobile experience.
Sources
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 ...
Fact Checks
Related news
Elon Musk Navigates AI Concerns and Political Controversies Amid Public Scrutiny
Elon Musk has addressed various controversies, including his political activities and concerns about artificial intelligence. He admitted to getting 'carried away' with politics, specifically referencing his involvement with DOGE and the Trump administration, while also defending his stance against media criticism. In separate discussions, Musk has explored the future of AI, arguing that while risks exist, they should not halt progress because AI could lead to an "age of amazing abundance." He also suggested that rival AI labs should be given time to operate, even those in China, emphasizing the need for patience in technological development.
Survey Shows Americans See Politics as Greatest Safety Risk
A recent survey reveals that Americans are significantly more likely than people in other countries to identify politics as the greatest threat to their personal safety. Data suggests that one in ten Americans views politics as the biggest risk they face in life, which is ten times the global average. This widespread concern about political instability is compounded by warnings from federal agencies. Secret Service Director Sean Curran has described the current threat level his agency faces as "off the charts," citing numerous cases involving targeted attacks against US government officials.
Arizona Primaries Show GOP Strength and Intense Democratic Battles
The Republican party demonstrated significant influence in Arizona primaries, with Andy Biggs winning the nomination for governor. This victory sets the stage for high-stakes races in November and reflects Trump's GOP muscle in the state. In contrast, Democrats engaged in fierce battles for representation. Key races included a tight rematch between Amish Shah and Marlene Galán-Woods for a House seat, illustrating the close competition in Arizona's swing political landscape.
Anas Sarwar steps down as Scottish Labour leader to join Andy Burnham's government
Scottish Labour leader Anas Sarwar is resigning his leadership role to take up a ministerial position within Andy Burnham's government. The decision involves him leaving the Scottish Parliament and swapping his seat in Holyrood for a role in the House of Lords or as a UK minister. This transition has reportedly plunged Scottish Labour into internal conflict, described by some as a 'civil war,' while First Minister John Swinney criticized the expected appointment as hypocrisy.
Meghan McCain Warns GOP of 'Huge Problem' If Democrats Adopt Mamdani Tone
Meghan McCain, daughter of former Senator John McCain, warned Republicans that if the 2028 Democratic presidential nominee adopts a tone similar to New York City Mayor Zohran Mamdani's, the Republican party would face a 'huge problem.' This commentary highlighted concerns about the political climate and the perceived threat posed by certain Democratic approaches. The discussion also touched on the legacy of John McCain, who passed away recently, and his close relationship with figures like Senator Lindsey Graham.
Michigan Senate Hopeful Abdul El-Sayed Faces Scrutiny Over Political Views and Campaign
Democratic candidate Abdul El-Sayed, a hopeful for the Michigan Senate, has generated significant media attention following his campaign activities and controversial statements. He criticized American politics as a 'disease' while simultaneously engaging in public spats with media outlets like CNN and dodging questions about remarks concerning the death of Ali Khamenei. El-Sayed has received support from progressive groups, including the 314 Action Fund, which advocates for bold, systemic change in politics. His campaign has also featured in discussions about the battle between the far-left and the Democratic Party, alongside reports on his fundraising efforts and reactions to campaign speeches going viral online.
Take Yomuyo with you
Download the mobile app for personalized headlines and quick access to breaking stories.