As Merger Hangs In The Balance, Paramount And WBD Step Into Quarterly Earnings Spotlight

In an alternate timeline, Paramount would be reporting quarterly earnings this week as Warner Bros. Discovery , one of its subsidiaries, would no longer be releasing its own separate financials. As it stands now, however, both companies are due to report – Paramount on Tuesday afternoon and WBD before the market opens Thursday. An antitrust challenge of the companies’ planned $110 billion merger by the attorneys general of 12 states along with the Writers Guild of America has put the deal on hold, with a judge soon to set a trial date.

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