California Attorney General Rob Bonta led a group of state attorneys general in blocking the $111 billion merger between Paramount Skydance Corp. and Warner Bros. Discovery. After intense negotiations, Paramount reached a settlement agreeing to commitments like producing 30 movies annually in California and maintaining its headquarters there. The DOJ had cleared the deal earlier, but states retained independent antitrust authority. The merger, if completed, would create one of Hollywood's most powerful media companies under Paramount CEO David Ellison.
Paramount's reported settlement with states over the Warner Bros Discovery takeover is presented here with Pluang's Media-sector market data as of Sep 21, 2026 23:41 WIB: Of 44 priced US Media-sector stocks tradable on Pluang, 36 rose and 8 fell today. Notable movers include Tencent Music Entertainment Group (TME) at USD 8.10 with a +4.38% change, AMC Entertainment Holdings (AMC) at USD 2.80 with a +3.70% change, and Snap Inc (SNAP) at USD 5.72 with a +3.34% change. The most notable figure is TME's +4.38% increase.
Alkermes plc's drug ALKS7290 demonstrated significant improvement in ADHD symptoms in a Phase 1b trial, with patients showing a 14- to 19-point gain on a 54-point scale within two weeks. This outperforms typical placebo effects, which range from 6 to...
Morgan Stanley upgraded NNN REIT from Neutral to Overweight due to its stable income and strong financial health. The REIT boasts a 99.1% occupancy rate and 97.5% fixed-rate debt, ensuring steady rental income and protection against interest rate hik...
Coinbase has launched a new feature allowing eligible U.S. retail traders to request IPO shares at the offer price before public trading begins, starting with Oura's IPO. This move gives retail investors early access to high-interest companies and en...
World Liberty Financial has launched a governance vote proposing a new rewards program for WLFI token holders. To earn rewards, holders must lock their tokens for 180 days and actively vote on governance proposals at least once every 90 days, with de...
Bitcoin's price approached $86,000, its highest level in eight months, marking a 6% increase in 24 hours and over 30% since August 19. Despite this rise, US spot demand remains weak as indicated by the slightly negative Coinbase premium, suggesting l...
