Plus: Eli Lilly alleges black market weight loss drug sellers; shippers don’t buy Trump’s Hormuz strait claims ...

Paramount (PSKY) stock gained as executives signaled willingness to divest CNN to resolve California's antitrust lawsuit over the $81B Warner Bros. merger.

California and 11 other US states are seeking to block Paramount Skydance’s acquisition of Warner Bros Discovery. The deal has secured US federal and UK regulatory clearances but remains paused while ...

Paramount Skydance is keeping all options, including a possible sale of CNN, “on the table” to resolve California’s antitrust suit challenging ​its $110 billion acquisition of Warner Bros Discovery, ...

The belief seems to be that an oversight board would help create the impression that Paramount takes CNN’s journalistic independence seriously, after its installation of entrepr ...

Ellison is also reportedly planning to move Paramount’s Hollywood studio out of California if Bonta doesn’t agree to settlement talks in his antitrust case.

Paramount’s legal officer hints at CNN sale as 12 states, led by California, file lawsuit to block merger with WBD.

As Paramount pushes to settle the state antitrust lawsuit that has stymied its deal to buy Warner Bros. Discovery, Democratic lawmakers continue to rally opposition to the deal.

The discussions come amid concerns about the network's independence in the pending $110 billion Warner Bros. Discovery merger ...

The Senate Judiciary antitrust subcommittee held a hearing in February on Netflix’s plans to merge with WBD, with co-CEO Ted Sarandos appearing before lawmakers, weeks before the streamer dropped its ...

The NFL and CBS remain in contract talks as streaming growth could push the value of future television rights even higher across the league soon.