Merger Mania: Paramount-WBD Deal Gains Momentum

Regal and Cinemark publicly back the Paramount-WBD merger, weakening antitrust case. WBD Q2 revenues fell 12% with ad revenue down 22%, underscoring financial pressure. The merger is clearing regulatory hurdles in Europe and UK; antitrust trial set for March 2027. Commitments include 30 films/year and 45/90-day windows.