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Chris Palmieri

Bloomberg News (media & entertainment team leader)
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BullMedia Mergers leaning · 2026-07-20
A federal judge in Oakland paused Paramount's $110B WBD takeover for 14 days (CA + 11 states sued July 13). Palmieri notes WBD shares only down ~4% and the antitrust suit focused narrowly on movies (<30% share), calling it 'almost a relief for investors'; says a close is 'definitely not July 22nd' (@8:02) but expects a face-saving agreement.
“I think the market's reaction indicates that something will happen, that there's some sort of agreement will be reached.”
Chris Palmieri · Bloomberg News (media & entertainment team leader) · Bloomberg ↗

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