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Warner Bros. Acquisition Is Stuck In Legal Limbo Again
A judge has issued a two-week pause on the planned acquisition of Warner Bros. Discovery by Paramount Skydance, citing potential antitrust violations. This ruling temporarily halts the deal, which would have transferred ownership of Warner Bros. Games and its valuable IPs like Hogwarts Legacy and Mortal Kombat to Paramount Skydance. The coalition of state attorneys, led by California Attorney General Rob Bonta, argued the merger could lead to higher prices, while Paramount Skydance insists the lawsuit misapplies antitrust laws.
US States Are Trying to Stop Paramount Skydance From Owning Mortal Kombat (And Everything Else)
A coalition of 12 US state attorneys general is suing Paramount Skydance to block its proposed $111 billion acquisition of Warner Bros. Discovery, citing violations of antitrust laws. The states argue the merger would stifle competition, reduce content quality, and harm movie theaters. Paramount Skydance contends the lawsuit misapplies antitrust laws and that the merger is necessary to compete with streaming giants like Netflix. The acquisition would also transfer ownership of Warner Bros. Games, including studios like NetherRealm Studios and Portkey Games, to Paramount Skydance.
Paramount Skydance Is Buying Mortal Kombat And Batman, But That’s Not All It’s Doing To Expand Its Gaming Footprint
Paramount Skydance is expanding its gaming footprint by establishing a new in-house studio, Paramount Games Studio, which will announce its first AAA title at Summer Game Fest. Existing studios Skydance Interactive and Skydance New Media will be integrated into the new entity. The company is also in the process of acquiring Warner Bros. Discovery's game portfolio, which includes major franchises.
Last.fm goes independent after breaking up with Paramount Skydance
Last.fm has announced its return to independence, nearly two decades after its initial acquisition by CBS. The company is now operating separately from Paramount Skydance.
HBO Max finally launches in the UK and Ireland
HBO Max has officially launched in the UK and Ireland, completing its European rollout. The service offers various subscription tiers, including ad-supported and ad-free options, with content like "One Battle After Another," "Sinners," and Max Originals. The launch coincides with Warner Bros. Discovery's ongoing merger discussions with Paramount Skydance.
Mortal Kombat, Hogwarts Legacy, and more could be under threat, experts say, as part of $6 billion in cuts following…
Paramount Skydance is reportedly preparing to acquire Warner Bros. in a deal valued at $110 billion, which includes Warner Bros. Games. Experts suggest that significant cost-cutting measures, potentially around $6 billion, could impact the video game division, jeopardizing franchises like Mortal Kombat and Hogwarts Legacy. The future of the studio and its creative output is uncertain amidst these large-scale industry shifts.
Warner Bros. dominates Oscars with 11 wins ahead of its acquisition by Paramount
Warner Bros. secured 11 wins at the 2026 Oscars, with "Sinners" and "One Battle After Another" leading the studio's success ahead of its acquisition by Paramount Skydance. Netflix also performed well with seven awards, though major prizes went to Warner Bros. The article notes the shift of the Oscars broadcast from ABC to YouTube starting in 2029.
Warner Bros Montréal reportedly hit with staff cuts
Warner Bros. Montréal has reportedly experienced unspecified layoffs, with former employees indicating roles across narrative, design, and production were made redundant. These cuts follow the ongoing acquisition of Warner Bros. Discovery and previous layoffs affecting 99 employees in 2024.
WB Games Montreal Has Seemingly Been Hit by Lay-Offs
WB Games Montreal has reportedly experienced layoffs, with several developers confirming their departures on LinkedIn. This follows Netflix withdrawing its acquisition offer for Warner Bros. Discovery in favor of a larger bid from Paramount Skydance. Affected employees include those who worked on Gotham Knights and Suicide Squad: Kill the Justice League.
Blink and you'll miss it: Paramount almost acknowledges the existence of Warner Bros. Games
Paramount Skydance's potential acquisition of Warner Bros. Discovery, which includes Warner Bros. Games, is moving forward after Netflix withdrew from the bidding war. The deal is expected to close in Q3 2026, though Paramount's executive team has largely overlooked the gaming division, mentioning it only briefly as part of "cutting-edge gaming and interactive content capabilities." CEO David Ellison stated that no divestitures of non-core assets are currently planned.
Netflix's $82.7 billion deal to buy Warner has been dramatically gazumped by Paramount, to the tune of $111 billion
Paramount Skydance has submitted a $111 billion bid to acquire Warner Bros Discovery, significantly outbidding Netflix's previous $82.7 billion proposal. The deal, which includes Warner's gaming studios like Rocksteady and Avalanche, is facing regulatory scrutiny. The impact on Warner's gaming division remains uncertain.
