Management expected the $8 billion deal to close by the springtime.
Analysts expect quarterly revenue of slightly more than $8 billion and earnings per share of 13 cents.
Netflix kicked off the cycle with a drop-the-mic earnings report in January, sending its stock to all-time highs.
Paramount Pictures in Los AngelesGilbert Flores / Getty Images
Before the merger is finalized, there could be turbulence ahead, mainly because of CBS News.
CBS has a deadline of Friday to formally respond to the complaint.
It has similarly targeted Disney, wrangling a $15 million settlement for misstatements by ABC News.
Even the revelation that settlement talks have been held has provoked news staffers.
we note that the Trump Administrations DOJ attempted to block AT&T-TWX during his first term.
Morale at Paramount was cited as a concern in many of Deadlines conversations with sources.
An update on expected timing for the deal closing could be provided, some sources told Deadline.
But they may well address timing and issues required to allow them to close.
Looking across Pars assets, he said, the company is at a disadvantage to its rivals.
Generally speaking, we dont view the companys fully owned IP portfolio as being comparable to Disneys or WBDs.
Although they are willing to be, the company remains in limbo.
And analysts are looking for X, Y and Z.
Ted Johnson contributed to this report.
