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Paramount Secures California Tax Credits Amid AG Battle
Culturehollywood-reporterdeadline1d ago2 sources

Paramount Secures California Tax Credits Amid AG Battle

Paramount has secured over $37 million in California tax credits for in-state filming, even as it faces a battle with the California Attorney General over a proposed merger. The AG accuses Paramount of spreading misinformation regarding the Warner Bros. Discovery merger.

David Ellison's Role in Potential Paramount-WBD Merger Debated
Culturehollywood-reporterdeadline5d ago2 sources

David Ellison's Role in Potential Paramount-WBD Merger Debated

Discussions are ongoing regarding David Ellison's potential role in salvaging a proposed $111 billion merger between Paramount and Warner Bros. Discovery. Experts are debating whether Ellison could be the key to the deal's success.

Ari Emanuel Defends Paramount-Warner Bros. Merger Against Lawsuit
CultureYahoovarietyhollywood-reporter+1deadline14d ago4 sources

Ari Emanuel Defends Paramount-Warner Bros. Merger Against Lawsuit

Ari Emanuel, CEO of Endeavor, has publicly defended the proposed merger between Paramount and Warner Bros. Discovery, criticizing a states' antitrust lawsuit as 'trash' and arguing it threatens to destroy competition in Hollywood.

WGA Sues to Block Paramount-Warner Bros. Discovery Merger
Culturele-mondejutarnji-listvariety+2hollywood-reporterdeadline27d ago5 sources

WGA Sues to Block Paramount-Warner Bros. Discovery Merger

The Writers Guild of America (WGA) has filed a lawsuit to block the proposed merger between Paramount and Warner Bros. Discovery, alleging that the deal would lead to reduced pay and fewer opportunities for writers. State attorneys general have also filed emergency motions to halt the mega-merger, citing antitrust concerns.

J.K. Simmons Comments on Canceled Batgirl Movie
Culturedeadlineign1mo ago2 sources

J.K. Simmons Comments on Canceled Batgirl Movie

Actor J.K. Simmons has spoken out about the cancellation of the Batgirl movie, expressing that he had a good time making it. He described Warner Bros. Discovery's decision to shelf the film as "bizarre."

Culturehollywood-reporter2mo ago

Industry Workers Oppose Paramount-WBD Merger at Town Hall

Writers, actors, crew members, and small business owners voiced strong opposition to the proposed $111 billion Paramount-Warner Bros. Discovery merger at a Beverly Hills town hall, fearing it could lead to the demise of a significant American industry.

Warner Bros. Settles Matrix Resurrections Dispute for $57 Million
Culturetvn24varietyhollywood-reporter+1deadline3mo ago4 sources

Warner Bros. Settles Matrix Resurrections Dispute for $57 Million

Warner Bros. has reached a $57 million settlement with Village Roadshow, resolving a legal dispute over the 'Matrix Resurrections' film. This agreement concludes a significant financial and legal battle between the two studios.

WBD CEO Zaslav Highlights HBO Max as Key Asset
Culturevarietyhollywood-reporter3mo ago2 sources

WBD CEO Zaslav Highlights HBO Max as Key Asset

Warner Bros. Discovery CEO David Zaslav has stated that HBO Max is "probably" the company's "most important asset." His comments underscore the streaming service's strategic significance within the media conglomerate.

Documentary Leaders Protest Proposed Paramount-WBD Merger
Culturedeadline3mo ago

Documentary Leaders Protest Proposed Paramount-WBD Merger

Leaders in the documentary film community, including Marjan Safinia and Lois Vossen, have voiced strong opposition to the proposed merger between Paramount and Warner Bros. Discovery, citing potential negative impacts on the industry. An open letter has been circulated to protest the deal.

Netflix Co-Founder Reed Hastings Steps Down as Chairman
CultureAPReutersBBC+33bloombergNYTwsjFTThe GuardianAl JazeeraCNNcbc+25 more3mo ago36 sources

Netflix Co-Founder Reed Hastings Steps Down as Chairman

Reed Hastings, co-founder of Netflix, is stepping down from his role as chairman after 29 years with the company. His departure marks a significant leadership change for the streaming giant, with some reports noting a drop in stock value following the announcement.

Jeff Shell Officially Departs as Paramount President Amid Investigation
CultureAPReutersbloomberg+9NYTwsjcnbcBusiness InsiderThe Independentvarietyhollywood-reporterdeadline+1 more4mo ago12 sources

Jeff Shell Officially Departs as Paramount President Amid Investigation

Jeff Shell has officially departed from his role as president of Paramount, following an internal investigation into allegations that he revealed non-public information. His ouster comes after a public dispute and legal battle with a professional gambler.

Beyond David Zaslav, WBD Execs & Financial Advisers Also Poised For 9-Figure Merger Paydays
Culturedeadline4mo ago

Beyond David Zaslav, WBD Execs & Financial Advisers Also Poised For 9-Figure Merger Paydays

While David Zaslav has stolen most of the headlines for his personal financial gains from the Warner Bros. Discovery-Paramount merger, several other rich payouts are in the offing. The same SEC filing that laid out Zaslav’s expected $886.8 million in merger-related compensation Monday also included some eye-popping figures for other principals. Most of the loot […]

YouTube Becomes World's Largest Media Company by Revenue
BusinessmarketwatchBusiness Insider5mo ago2 sources

YouTube Becomes World's Largest Media Company by Revenue

A MoffettNathanson report indicates that YouTube's advertising revenue has surpassed that of its four largest traditional media competitors combined, positioning it as the world's largest media company by revenue.

Creating a New Media Empire
Businessdelo5mo ago

Creating a New Media Empire

Behind the mega-acquisition of WBD are two key driving forces: the money generated by tech veteran Larry Ellison and the ambitious vision of his son David.

David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock
Culturevarietyhollywood-reporter5mo ago2 sources

David Zaslav Sells $114 Million Worth of Warner Bros. Discovery Stock

David Zaslav, president and CEO of Warner Bros. Discovery, filed to sell just over $114 million worth of stock in the company. His planned sale of the shares comes less than a week after WBD clinched a deal to sell itself to Paramount Skydance for $31 per share, after Netflix walked away from its deal […]

Culturehollywood-reporterdeadline5mo ago2 sources

Netflix Banks A Quick $2.8 Billion As Paramount Pays WBD Termination Fee; Streamer’s Shares Rise Another 14%

Things in media M&A land continue to move fast with Netflix revealing this afternoon that it is $2.8 billion richer after receiving the fresh cash from Paramount. The David Ellison company’s Superior Proposal for Warner Bros. Discovery, which was accepted by the WBD board, included paying out the termination fee if WBD walked away from […]

Paramount Considers Leaving California Amid Merger Resolution Talks
Culturedeadline3h ago

Paramount Considers Leaving California Amid Merger Resolution Talks

Paramount's Makan Delrahim stated that 'everything is on the table' for finding a merger resolution, including the consideration of leaving California. California AG Rob Bonta expressed openness to structural remedies but dismissed the promise of 30 movies a year as outdated.

UK Approves Paramount's $110 Billion Takeover of Warner Bros. Discovery
BusinessAPReuterswsj+17FTle-mondeThe GuardianCNNtimes-ukcnbcfazBarron's+9 more5d ago20 sources

UK Approves Paramount's $110 Billion Takeover of Warner Bros. Discovery

The United Kingdom has granted approval for Paramount's $110 billion acquisition of Warner Bros. Discovery, following concessions made by Paramount. This decision clears a significant regulatory hurdle for the major media merger.

SpaceX Reports Increased Revenue and Significant Spending in Debut Earnings
BusinessBBCbloombergNYT+42FTle-mondeThe GuardianNPRAl Jazeeradr-dkyle-uutisetcnbc+34 more6d ago45 sources

SpaceX Reports Increased Revenue and Significant Spending in Debut Earnings

SpaceX's first-ever earnings report since its stock market debut shows higher revenues but also significant spending, leading to a loss in the first quarter. The company's AI investments are noted as a factor in its expenditures.

Paramount-WBD Mega-Deal's Impact on Locarno Film Festival
Culturehollywood-reporter7d ago

Paramount-WBD Mega-Deal's Impact on Locarno Film Festival

The director of Locarno Pro highlights how major industry shifts, suchs as the potential Paramount-Warner Bros. Discovery merger, are influencing the programming and infrastructure of the global film industry, including the Locarno Film Festival.

Warner Bros. Sues Amazon Over Executive Poaching
BusinessforbesYahoohollywood-reporter17d ago3 sources

Warner Bros. Sues Amazon Over Executive Poaching

Warner Bros. has filed a lawsuit against Amazon, accusing the company of illegally poaching its executives, specifically former HBO Max executive Pia Barlow. This legal action comes amidst discussions of a potential Paramount/WBD merger and related financial guarantees.

EU Approves Paramount-Warner Bros. Merger Amid US Hold
BusinessbloombergFTle-monde+38The Guardianyle-uutisetcnbctagesschaufazlsm-lvSCMPder-standard+30 more20d ago41 sources

EU Approves Paramount-Warner Bros. Merger Amid US Hold

The European Union has given its conditional approval to the proposed merger between Paramount and Warner Bros. Discovery, while the deal remains on hold in the United States as a judge considers a preliminary injunction.

Court Pauses Paramount-Warner Bros. Discovery Merger
BusinessBBCtagesschauder-standard+8rzeczpospolitamarketwatchpublicoYahoodnevnik-bgindian-expressThe Weekexpress-tribune21d ago11 sources

Court Pauses Paramount-Warner Bros. Discovery Merger

A US judge has temporarily halted the proposed $81 billion merger between Paramount and Warner Bros. Discovery for two weeks, following an antitrust challenge.

Court Hears Arguments on Paramount-Warner Bros. Discovery Merger
CultureThe Guardianvarietydeadline25d ago3 sources

Court Hears Arguments on Paramount-Warner Bros. Discovery Merger

A court hearing took place to consider an emergency motion by state attorneys general seeking to pause the proposed Paramount-Warner Bros. Discovery merger. Lawyers for both sides presented arguments, with the judge expected to rule on the motion next week.

States Sue to Block Paramount-Warner Bros Merger
BusinessBBCNPRcbc+19cnbcnosberlingskelsm-lvder-standardrzeczpospolitadie-presseThe Independent+11 more28d ago22 sources

States Sue to Block Paramount-Warner Bros Merger

Multiple U.S. states, led by California, have filed lawsuits to block the proposed merger between Paramount and Warner Bros. Discovery, citing concerns that the deal would stifle competition. Despite the legal challenges, Paramount still aims to finalize the merger by the end of September.

EU Addresses Housing Shortages, Defense Procurement, and Digital Market Rules
WorldFTAl Jazeeranos+54ruvtagesschauDWlsm-lvder-standardirozhlasorfrzeczpospolita+46 more2mo ago57 sources

EU Addresses Housing Shortages, Defense Procurement, and Digital Market Rules

The European Union is tackling various issues, including a significant housing deficit across member states and streamlining defense procurement processes. Additionally, the EU is enforcing digital market regulations, such as ordering Meta to open WhatsApp to rival AI chatbots.

Analyst Reports Released for Multiple Companies
BusinessYahoo2mo ago

Analyst Reports Released for Multiple Companies

Analyst reports have been released for several companies, including Prudential Financial Inc, Church & Dwight Co Inc, and APA Corp. These reports provide market insights and analysis for various corporations.

HBO Max Exceeds Subscriber Forecasts, Nears 150 Million Target
Businessrzeczpospolitadeadline3mo ago2 sources

HBO Max Exceeds Subscriber Forecasts, Nears 150 Million Target

HBO Max surpassed internal subscriber forecasts in Q1, reaching over 140 million subscribers. Warner Bros. Discovery now anticipates the streaming service will hit 150 million subscribers by the end of the year, partly due to international growth.

Media Mogul and CNN Founder Ted Turner Dies, Tributes Pour In
TechnologyBBCNYTFT+84The GuardianNPRdr-dkFox Newsnrkyle-uutisetcbccnbc+76 more3mo ago87 sources

Media Mogul and CNN Founder Ted Turner Dies, Tributes Pour In

Ted Turner, the visionary media mogul and founder of CNN, has died, prompting an outpouring of tributes from industry leaders and public figures. He is remembered for revolutionizing television news and establishing the 24-hour news cycle.

UniCredit Reports Record Quarterly Profit
TechnologyReutersbloombergwsj+22FTcnbcfazSCMPder-standardorftelexmarketwatch+14 more3mo ago25 sources

UniCredit Reports Record Quarterly Profit

UniCredit Bank has announced a record quarterly profit, with its net profit in Czechia and Slovakia also seeing a significant increase. This financial performance highlights strong investment income for the banking group.

WBD CEO David Zaslav's 2025 Pay Triples to $165 Million
Culturevarietyhollywood-reporterdeadline3mo ago3 sources

WBD CEO David Zaslav's 2025 Pay Triples to $165 Million

Warner Bros. Discovery CEO David Zaslav's compensation package for 2025 has more than tripled, reaching a staggering $165 million. This significant increase is primarily attributed to option awards initially tied to the company's planned split.

King Charles III Begins First US Visit as Monarch
PoliticsAPReutersBBC+79NYTwsjFTwapoAl JazeeraCNNFox Newsyle-uutiset+71 more3mo ago82 sources

King Charles III Begins First US Visit as Monarch

King Charles III commenced his inaugural state visit to the United States as monarch, with plans to address Congress and meet with former President Donald Trump to strengthen UK-US ties. Prince Harry was notably absent from the official itinerary.

Warner Bros. Discovery Shareholders Approve Paramount-Skydance Merger
FinanceAPReutersBBC+49bloombergNYTFTThe GuardianNPRAl Jazeeranzzcbc+41 more3mo ago52 sources

Warner Bros. Discovery Shareholders Approve Paramount-Skydance Merger

Warner Bros. Discovery shareholders have approved a proposed $111 billion merger with Paramount and Skydance Media, though the deal still faces regulatory review. This approval occurred despite significant opposition to CEO David Zaslav's associated payout.

CinemaCon Showcases New Trailers for Major Upcoming Films
CultureAPvarietyhollywood-reporter+4deadlineklix-baignscreen-rant3mo ago7 sources

CinemaCon Showcases New Trailers for Major Upcoming Films

CinemaCon featured the debut of several highly anticipated movie trailers and first looks, including the epic fantasy "Children of Blood and Bone," Brad Pitt's survival thriller "Heart of the Beast," and the latest "Jackass" installment. The event provided audiences with a glimpse into upcoming cinematic releases.

Casey Bloys Comments on Paramount-WBD Merger Amid LA County Scrutiny
Culturedeadline4mo ago

Casey Bloys Comments on Paramount-WBD Merger Amid LA County Scrutiny

The Los Angeles County Board of Supervisors has ordered an analysis of the proposed Paramount-Warner Bros. Discovery merger, including its impact on the entertainment industry workforce. HBO's Casey Bloys has also commented on the pivotal moment in entertainment history, acknowledging the ongoing developments with the merger.

Netflix is getting a bunch of cash from its broken WBD deal. We've got some ideas on what it can do with it.
BusinessBusiness Insider5mo ago

Netflix is getting a bunch of cash from its broken WBD deal. We've got some ideas on what it can do with it.

Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune. Rich Polk/2026GG/Penske Media via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Paramount is setting the stage. David Ellison has turned Paramount from an aging legacy media brand into arguably the biggest threat to streaming juggernaut Netflix i...

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming
Culturedeadline5mo ago

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

Paramount CEO David Ellison says the company’s pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix. “We will combine the streaming portfolios of the two companies into one stronger platform over the coming years,” Ellison told Wall Street analysts Monday on a conference call to discuss the […]

Paramount's WBD takeover 'is not a done deal,' says California's attorney general
BusinessrzeczpospolitaBusiness Insiderdigi245mo ago3 sources

Paramount's WBD takeover 'is not a done deal,' says California's attorney general

California attorney general says, not so fast to Paramount Warner Bros. merger Christina House/Los Angeles Times via Getty Images California's attorney general is investigating Paramount's Warner Bros. merger, citing antitrust issues. California Attorney General Rob Bonta said the merger had not "cleared regulatory scrutiny." Netflix walked away from its bid for Warner Bros. on Thursday. Netflix dropped its bid for Warner Bros. Discovery, clearing a path for Paramount Skydance. But Californ...

Paramount Threatens California Exit Over Antitrust Lawsuit
CultureAl JazeeraFox Newsvariety+3hollywood-reporterdeadlineseeking-alpha3h ago6 sources

Paramount Threatens California Exit Over Antitrust Lawsuit

David Ellison has threatened to move Paramount's operations out of California if the state's Attorney General does not negotiate a settlement in the antitrust lawsuit blocking the Warner Bros. Discovery merger. The California Attorney General has criticized this move as a 'blackmail' attempt.

Paramount Skydance Loses Bid to Delay WBD Lawsuit
Businessrzeczpospolita6d ago

Paramount Skydance Loses Bid to Delay WBD Lawsuit

Paramount Skydance's attempt to delay a lawsuit regarding the acquisition of Warner Bros. Discovery was rejected by the court, which set a trial date for March, allowing WBD shareholders to calculate potential compensation.

Pentagon Delays Ukraine Aid Spending Amid Trump's Legal Battles and Foreign Policy Remarks
BusinessBBCbloombergNYT+22The GuardianAl JazeeraFox Newsyle-uutisetcnbchelsingin-sanomatruvmorgunbladid+14 more15d ago25 sources

Pentagon Delays Ukraine Aid Spending Amid Trump's Legal Battles and Foreign Policy Remarks

The Pentagon announced it would not finish spending Ukraine aid funds until after the year Donald Trump leaves office, while Trump faces ongoing legal challenges and makes controversial statements regarding international allies and conflicts. These developments occur as over 600 US troops have been wounded since the Iran war began, and a Trump-linked influencer visited a rebuilt power substation in Ukraine.

Paramount Delays Warner Bros. Merger Amid Legal Challenges
BusinessBBCbloombergNYT+25FTThe GuardianNPRAl Jazeerayle-uutisetcbccnbcfaz+17 more18d ago28 sources

Paramount Delays Warner Bros. Merger Amid Legal Challenges

Paramount has agreed to delay its $110 billion merger with Warner Bros. Discovery until at least June 2027, following a lawsuit filed by state attorneys general seeking to block the deal. The decision comes as legal challenges against the acquisition continue to play out in court.

US Judge Halts Paramount's Acquisition of Warner Bros.
BusinessBBCbloombergNYT+46FTle-mondeThe GuardianNPRAl Jazeeracbccnbcnos+38 more21d ago49 sources

US Judge Halts Paramount's Acquisition of Warner Bros.

A US federal judge has temporarily suspended Paramount's multi-billion dollar acquisition of Warner Bros. Discovery. The decision comes after several US states filed a lawsuit to block the merger.

12 US States Sue to Block Paramount-Warner Bros. Discovery Merger
CultureBBCbloombergNYT+25FTThe GuardianNPRAl JazeeracnbctagesschauDWle-figaro+17 more29d ago28 sources

12 US States Sue to Block Paramount-Warner Bros. Discovery Merger

Twelve US states, along with various industry groups, have filed lawsuits seeking to block the proposed merger between Paramount and Warner Bros. Discovery. They argue that the combination would harm competition and is not in the public interest.

Media and Tech Moguls Convene at Sun Valley Conference
Culturedeadline1mo ago

Media and Tech Moguls Convene at Sun Valley Conference

Media and technology moguls are gathering at the annual Sun Valley Conference in Idaho, hosted by Allen & Co., to discuss pressing industry topics including a potential Comcast split, a Paramount-WBD deal, and the impact of AI.

Analysis of Various Stock Investment Opportunities
BusinessYahoo1mo ago

Analysis of Various Stock Investment Opportunities

This collection of articles provides investment analysis on a variety of stocks, including comparisons between pipeline companies like Enbridge and Oneok, and evaluations of individual companies such as Mastercard, Nike, Grab Holdings, Crocs, Salesforce, Bandwidth, Maplebear, Genesis Energy, and Birkenstock.

NEET UG Re-Exam: NTA Opens Scribe Portal for PwD Candidates
WorldTimes of Indiaindian-express2mo ago2 sources

NEET UG Re-Exam: NTA Opens Scribe Portal for PwD Candidates

The National Testing Agency (NTA) has opened a portal for Persons with Disabilities (PwD) and Persons with Benchmark Disabilities (PwBD) candidates to submit scribe details for the NEET UG re-examination 2026. This initiative aims to facilitate fair examination conditions for eligible candidates.

Colorado Governor Commutes Sentence of Election Denier Tina Peters
CultureAPNYTThe Guardian+26NPRAl JazeeraCNNFox Newscnbcberlingskela-repubblicavg+18 more2mo ago29 sources

Colorado Governor Commutes Sentence of Election Denier Tina Peters

Colorado Governor Jared Polis has commuted the sentence of Tina Peters, a former Mesa County clerk convicted of election crimes. Peters, an election denier, was serving a sentence related to a security breach of voting equipment.

California Governor Newsom Proposes New Software Tax in Budget
PoliticsAPbloombergFox News+7Business InsiderforbesThe IndependentYahoodeadlineseeking-alphazerohedge2mo ago10 sources

California Governor Newsom Proposes New Software Tax in Budget

California Governor Gavin Newsom has proposed a new tax targeting digital software and cloud-based sales as part of his final budget proposal. The initiative aims to raise billions in new revenue for the state.

Paramount-WBD Merger Faces Scrutiny, Company Defends Deal
CultureNYTwapon1-serbia+4varietyhollywood-reporterdeadlinezerohedge3mo ago7 sources

Paramount-WBD Merger Faces Scrutiny, Company Defends Deal

Paramount and Skydance are defending their proposed merger with Warner Bros. Discovery against concerns raised by figures like Tom Steyer and congressmen regarding its potential impact on media and competition. The companies argue the combined entity is necessary to compete with larger streaming services and will boost theatrical distribution.

Paramount Seeks FCC Approval for Foreign Ownership in WBD Deal
CultureReutersbloombergFT+6telexYahoovarietyhollywood-reporterdeadlinenaked-capitalism3mo ago9 sources

Paramount Seeks FCC Approval for Foreign Ownership in WBD Deal

Paramount is seeking approval from the FCC for its proposed merger with Warner Bros. Discovery, which would result in nearly 50% foreign ownership, including substantial investment from Middle Eastern funds. This approval is crucial for the completion of the major media deal.

Theater Owners Lobby Against Paramount-WBD Merger
Culturedeadline4mo ago

Theater Owners Lobby Against Paramount-WBD Merger

Cinema United, representing movie theater owners, has escalated its opposition to the proposed Paramount-Warner Bros. Discovery merger by appealing to Attorneys General Associations, citing concerns for 'Main Street America'.

Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More
Culturedeadline4mo ago

Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More

An annoying thing happened to David Ellison and Paramount today on the way to taking over Warner Bros Discovery — he got sued for $1.5 billion over a beef a self-declared confidant of Jeff Shell’s has with the Paramount president. As exclusively reported by Deadline on March 16, the wide ranging lawsuit against the CEO, […]

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain
Culturedeadline5mo ago

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain

The champagne corks may be popping right now at Paramount over the David Ellison-owned company’s successful bid for Warner Bros Discovery, but up in Sacramento the mood is far from celebratory  over the latest possible Hollywood mega-merger. “Paramount/Warner Bros is not a done deal,” California Attorney General Rob Bonta told Deadline this evening after Netflix […]

Netflix backs away from its offer to buy Warner Bros Discovery
BusinessReutersle-mondenos+6fazSCMPBusiness Insiderla-vanguardiaindian-expressjerusalem-post5mo ago9 sources

Netflix backs away from its offer to buy Warner Bros Discovery

Netflix stated that a previous offer to buy Warner Bros Discovery's streaming and studio assets was no longer financially attracted after Paramount Skydance revised its offer.