S&P Puts Paramount on Negative Credit Watch

The ratings firm cited rising debt after acquiring Warner Bros. Discovery for revising its credit outlook, while affirming the BB+ rating.

S&P Weighs In On Media Mega-Merger: Puts Paramount On CreditWatch Negative But Says WBD Deal Will “Materially Improve” Its Business Profile

S&P put Paramount on CreditWatch negative but said a planned merger with Warner Bros. Discovery would “materially improve” its business profile.
KESQ

LACo Supervisor calls for study of impacts of Warner Bros.-Paramount merger

Los Angeles County Supervisor Lindsey Horvath introduced a motion today calling on the county to study the potential economic and workforce impacts of the proposed Paramount Skydance purchase of Warner Bros.
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Paramount’s troubles mount as Warner Bros Discovery stakeholders side with Netflix

It appears that the future of Warner Bros. Discovery has reached its most critical moment as the company announced that more than 93 percent of its shareholders had essentially voted against the hostile takeover bid by Paramount Skydance and instead voted ...
Variety

Trump Declines to Pick a Side in Netflix vs. Paramount Battle for Warner Bros.: ‘None of Them Are Particularly Great Friends of Mine’

President Donald Trump said he’s withholding judgment about whether Paramount Skydance‘s hostile bid for Warner Bros. Discovery or Netflix‘s deal with WBD should prevail. At a White House briefing with reporters Monday, Trump was asked if he supports ...