Paramount Skydance has proven its willingness to comply with President Donald Trump, but delays in closing the deal could be costly. The company is on the hook to pay Warner Bros. Discovery "a daily ticking fee equal to $0.25 per share per quarter beginning after September 30, 2026." The company also has to pay $7 billion to Warner Bros. Discovery if the deal is terminated for regulatory reasons. Netflix lost the battle for Warner Bros. Discovery, but getting a competitor to potentially overpay for the studio might be its own reward.
Donald Trump's lengthy State of the Union address has been one of the top subjects for late night hosts this week, from Stephen Colbert to Jimmy Kimmel and Seth Meyers.
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Stories you may have missed'The second home ban has breathed new life into my village'
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