Paramount has reached a settlement with California Attorney General Rob Bonta over a multi-state antitrust lawsuit, removing a major obstacle for its merger with Warner Bros. Discovery. The deal includes commitments to release 30 movies annually, maintain operations in California, and establish independent editorial boards for CBS News and CNN. This settlement follows pressure from multiple states and concerns about job losses and economic impact in California. The merger, previously approved by the DOJ, faced opposition from state attorneys general and the Writers Guild of America due to fears of reduced content and job cuts. With the settlement, the merger can proceed, avoiding a costly trial and potential financial penalties for delays.
Paramount's settlement with California's Rob Bonta is notable alongside current market activity. For readers following media stocks, here is Pluang's market snapshot as of Sep 21, 2026 20:52 WIB: out of 42 priced US media-sector stocks, 26 rose and 16 fell. Notable movers include DASH at USD 190.00 with a -1.52% change, NFLX at USD 72.79 with a +1.42% change, and GOOGL at USD 354.10 with a +1.30% change, with typical hold times ranging from 58 to 124 days.
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...
On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...
Several top analysts, including Cantor Fitzgerald, Guggenheim, Morgan Stanley, and BTIG Research, have raised price targets and upgraded their outlooks for ServiceNow, signaling confidence in the company's long-term growth. Despite this, the stock ha...
Piper Sandler lowered Colgate-Palmolive's price target to $95 due to weak North American demand and rising competition. The company is responding by focusing on premium oral care innovations, expanding the Fabuloso line, increasing advertising, and c...
MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...
