DOJ Investigates Impact of Warner Bros. Sale
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy PSKY?
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.DOJ PROBE:The Department of Justice has summoned large theater chains to discuss the potential impact of a sale of Warner Bros. Discovery, with government antitrust lawyers seeking information on how a sale would impact the movie-going public and film releases in theaters, Bloomberg's Thomas Buckley. The Justice Department's review is focused on the potential impact of a sale to either Netflixor Paramount Skydanceon the cinema industry, people familiar with the matter say.BOARD OF PEACE:JPMorganis in discussions to provide banking services to the U.S.-backed "Board of Peace," an institution aimed at supporting Gaza's reconstruction and positioned by Donald Trump as a potential alternative to the United Nations, The Financial Times' Neri Zilber, James Shotter, Joshua Franklin, and Abigail Hauslohner. The initiative is part of a broader effort to establish a new governance framework for Gaza following the two-year war between Israel and Hamas. According to two people familiar with the situation, the bank is discussing providing services such as facilitating payments to and from the board.INVESTIGATION CLOSURE:Cassava Sciencesannounced that the U.S. Department of Justice Fraud Section has closed its inquiry into the company regarding allegations of research misconduct. That indictment was dismissed with prejudice by DOJ on October 23, 2025. As previously disclosed, the company reached a settlement with the U.S. Securities and Exchange Commission of negligence-based disclosure charges in September 2024 and paid a monetary penalty without admitting or denying the SEC's allegations. The company cooperated fully with both the DOJ and SEC investigations. These outcomes end the investigations of the company by the DOJ and SEC.CASE CAN PROCEED:U.S. District Judge Arun Subramanian ruled that Live Nationmust face an antitrust trial from Department of Justice and various states for allegedly monopolizing the live events market. Subramanian ruled that a jury should see evidence and decide whether Live Nation's conduct in the concert business amounts to illegal monopolization.
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Analyst Views on PSKY
Wall Street analysts forecast PSKY stock price to rise
15 Analyst Rating
1 Buy
7 Hold
7 Sell
Moderate Sell
Current: 8.920
Low
8.00
Averages
14.08
High
19.00
Current: 8.920
Low
8.00
Averages
14.08
High
19.00
About PSKY
Paramount Skydance Corp, formerly New Pluto Global, Inc., is a holding company. It operates through its wholly owned subsidiaries, Paramount Global (Paramount) and Skydance Media, LLC (Skydance). Paramount is a global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Its consumer brands include CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. In addition to offering streaming services and digital video products, it also provides production, distribution and advertising solutions. Skydance is a diversified media company focused on creating event-level entertainment for global audiences. Skydance develops, finances and produces live-action and animated films, television shows, sports content and interactive games worldwide. Skydance has also produced 31 seasons of live-action and animated television content across 16 series and supplies content across a range of platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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