Insights: Clients

Tech / Media / Telecom

Artificial Intelligence (AI)

President Trump signed an executive order (EO) this week that attempts to challenge and constrain state-level AI regulations that the administration views as “burdensome."

Energy, Infrastructure

Permitting Reform

House Republicans, with the help of several Democrats, are wrapping up a multi-week effort to pass legislation that streamlines the process for acquiring federal permits to facilitate infrastructure build out. The most impactful of the bills is the SPEED Act, which will pass in the House tomorrow. The legislation goes beyond the steps taken by...

Pharmacy Benefit Managers (PBMs)

Senate Finance Committee Chair Crapo (R-ID) and Ranking Member Wyden (D-OR) introduced the Pharmacy Benefit Manager (PBM) Price Transparency & Accountability Act.

Defense Spending

The final version of the annual defense policy bill (NDAA) passed the House this week and will pass the Senate next week. NDAA includes a non-binding target for FY26 defense spending that is ~$7b higher than FY25, but the actual spending level is set via separate FY26 defense appropriations legislation, which is likely to be resolved in January....

Mergers & Acquisitions

Paramount/Warner Brothers (Updated)

Paramount announced this week that it had commenced an all-cash tender offer to acquire Warner Brothers for $30 per share in cash. As expected, Paramount’s proposed transaction is for the entirety of Warner Brothers, including its cable networks. Sources of financing include Affinity Partners, the private equity firm led by Jared Kushner. In...

Mergers & Acquisitions

Netflix/Warner Brothers

The companies are expected to file HSR by January 12. President Trump weighed in on the deal over the weekend, stating that Netflix has "a very big market share" that "goes up a lot" when adding Warner Brothers. He further remarked that he will be involved in any regulatory decision and claimed that the deal "could be a problem.” His comments...