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The Latest Breaking News from Warner Bros Discovery

Right-wing media wins the streaming wars

From the Murdochs to the Ellisons, conservative billionaires continue to monopolize media services

Salon

The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A

The entertainment industry is entering a definitive consolidation phase where investors prioritize digital distribution gateways over content creation.

MarketBeat

Largest POW grave site: In 1944, the Japanese hellship Hōfuku Maru sank with over 1,000 Allied POWs aboard; in 2026, forgotten military documents led to a discovery no one expected 80 years later

A Japanese prison transport ship, the Hōfuku Maru, sunk in 1944, has been found off the Philippines coast. This discovery brings to light the forgotten story of 'hellships' used during World War II. These vessels carried Allied prisoners of war under brutal conditions. Many died from starvation, disease, or friendly…

The Economic Times

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Plot Twist: How the $110B Paramount-Warner Deal Rewrites Media

The unprecedented federal clearance of the massive media merger transforms the entertainment sector and creates lucrative opportunities for modern investors.

MarketBeat

Trump news at a glance: president’s name to be removed from Kennedy Center

Appeals court in Washington DC rejected emergency appeal seeking to pause the removal of Donald Trump’s name from the building on Friday – key US politics stories from Friday 12 June at a glance

The Guardian - US

Paramount Skydance merger with Warner Bros. Discovery won't harm competition, consumers, DOJ says

The U.S. Justice Department has determined that Paramount Skydance's proposed acquisition of Warner Bros

AAP

US clears Paramount's $111 bn Warner Bros. takeover

LOS ANGELES (UNITED STATES) - The US Justice Department on Friday cleared Paramount Skydance's $111 billion takeover of Warner Bros. Discovery, handing a major win to a media empire financed by one of President Donald Trump's closest billionaire allies.

Bangkok Post

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US justice department approves $111bn merger of Paramount and Warner Bros Discovery

Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys general

The Guardian - US

US DOJ clears Paramount's acquisition of Warner Bros

Despite concern it will result in fewer jobs and less diversity of storytelling, the merger of Paramount and Warner Bros Discovery has been given clearance.

AAP

CNN pushes back on claims that it sidelined its fact checker to appease Trump

Daniel Dale, known for his rapid-fire on-air fact checks, hasn’t been seen on CNN’s broadcast for months

The Independent UK

Paramount Accuses Netflix of 'Scorched-Earth Campaign' as California Prepares to Block the $110 Billion Deal

Paramount accuses Netflix of trying to poison regulators against its $110 billion Warner Bros. Discovery takeover as California-led states prepare a lawsuit to block the deal.

International Business Times UK

‘Main Street vs The Merger’: Hollywood workers rally against $110 bn Paramount-Warner deal

A major media merger faces opposition from industry professionals and politicians. They fear the Paramount Skydance acquisition of Warner Bros. Discovery will threaten jobs and cultural output. Regulators are expected to approve the deal, but states are preparing lawsuits. Concerns are high for creative talent and behind-the-scenes workers facing declining…

The Economic Times

US regulators appear ready to approve Paramount's takeover of Warner Bros, Semafor reports

US antitrust regulators appear set to clear Paramount’s $110 billion takeover of Warner Bros Discovery after a key Justice Department meeting, where CEO David Ellison reaffirmed the company’s commitment to theatrical movie releases.

The Economic Times

Paul Tudor Jones’ Hedge Fund Buys 7 Million Shares of Warner Bros. Discovery. The WBD Stock Turnaround Could Finally Be Here.

Paul Tudor Jones just bet $193.7 million on Warner Bros. Discovery. Here's why WBD stock could be one of the smartest media plays of 2026.

Barchart

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The Guardian - US

Trump’s trade commission is using fear to silence dissent

The FTC settled its case with Media Matters for America. But it doesn’t have to win in court to achieve its goals

HBO Max is my new favourite streaming service – it's just a shame it could be dead within a year

It might have only just launched in the UK, but the future of HBO Max is looking uncertain

The Guardian - US

CNN legend Christiane Amanpour expresses concern about Ellison takeover

Ahead of Paramount Skydance merger with Warner Bros Discovery, Amanpour talks ‘ideological realignment of CBS’

International Business Times

Paramount Warner Bros Acquisition Advances as FCC Reviews Foreign Investment Plan

Paramount seeks FCC approval for foreign investment as its Warner Bros. Discovery acquisition moves forward.

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Cinemablend

Teen Titans Go's Fired Beast Boy Actor Just Restoked The Flames In Cartoon Network Drama

He has more videos.

The Independent UK

Asian stocks slip, tracking Wall Street losses, and Iran war doubts push oil higher

Shares are mostly lower in Asia, apart from Tokyo, and oil prices have extended gains as talks on ending the war with Iran were stalled

Axios

Warner Bros. Discovery shareholders approve Paramount Skydance deal

Shareholders did not approve the executive compensation package presented at the meeting.

The Mary Sue

Warner Bros. Discovery Shareholders Approve Paramount Merger, But Is This The End?

Paramount and Skydance’s purchase of Warner Bros. Discovery has been approved by WBD shareholders. But, is that the final word on the matter.

Evening Standard

Warner Bros investors give thumbs up to £81.4bn Paramount takeover

Paramount agreed to buy Warner Bros Discovery in February after triumphing over Netflix in a lengthy bidding battle.

The Guardian - US

Warner Bros Discovery vote to approve $110bn merger with Paramount Skydance

The merger will still require governmental approval and could be delayed by a lawsuit seeking to block it

Cycling Weekly

'No-one covers this sport like we do' – Warner Bros. Discovery and TNT Sports renew rights for Giro d'Italia until at least 2029

RCS races to stay on WBD platforms across Europe and USA for next four seasons

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