5 Key Insights from Q1 Earnings: Warnermount Merger, AI Impact, and Industry Shifts
Major media and tech firms have concluded their March quarterly earnings, revealing a volatile entertainment industry. With the Warnermount merger fac...
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Warner Bros. Discovery Leaders Reassure Advertisers Amid $110B Paramount Merger Talks
Warner Bros. Discovery's ad presidents addressed the looming $110 billion Paramount merger during their upfront presentation, emphasizing stability an...
Paramount Skydance Defends Warner Bros. Discovery Merger with 30-Film Theatrical Commitment to California AG
Paramount Skydance has urged California Attorney General Rob Bonta to support its merger with Warner Bros. Discovery, arguing it will boost theatrical...
Elizabeth Warren Warns Paramount-Warner Bros. Merger Could Kill Shows Like 'Severance'
Senator Elizabeth Warren argues the Paramount-Warner Bros. Discovery merger would stifle creativity, citing the near-cancellation of 'Severance' as a...
Streaming Titans: Subscriber, Revenue and Profit Comparison After Q2 Earnings
All five major media companies reported rising streaming revenue and profits in Q2, except Peacock, which is nearing profitability. Netflix leads in s...
Press Freedom Groups Seek Paramount Records Access Over Alleged White House Favoritism
The Freedom of the Press Foundation and Reporters Without Borders have demanded access to Paramount’s internal records, alleging CEO David Ellison pro...
Paramount CEO David Ellison to Receive $150M in Incentives Tied to Warner Bros. Merger Completion
Paramount CEO David Ellison is set to receive $50 million in cash and $100 million in stock upon the closing of the $110 billion merger with Warner Br...
CBS News Ends Contract with '60 Minutes' Correspondent Sharyn Alfonsi After Editorial Dispute
CBS News will not renew the contract of '60 Minutes' correspondent Sharyn Alfonsi after it ends in May, following a high-profile editorial dispute wit...
Mark Ruffalo and Matt Stoller Urge Artists to Oppose Paramount-WBD Merger in NYT Op-Ed
Academy Award-nominated actor Mark Ruffalo and research director Matt Stoller co-authored a New York Times op-ed opposing the proposed Paramount Skyda...
Warner Bros. Discovery Streaming Profits Surge 29% as Subscribers Exceed 140 Million
Warner Bros. Discovery reported a 29% increase in streaming profits to $438 million, with subscribers surpassing 140 million. The company also confirm...
David Zaslav Honors Ted Turner as Visionary and Foundational Leader of Warner Bros. Discovery
Warner Bros. Discovery CEO David Zaslav praised Ted Turner as a visionary and foundational force in a staff memo on Wednesday. Zaslav highlighted Turn...
Media Mogul Barry Diller Confirms Readiness to Buy CNN Immediately
Billionaire Barry Diller has reaffirmed his interest in acquiring CNN, stating he would 'absolutely' purchase the network if given the opportunity. Sp...
FCC Commissioner Warns of National Security Risks in Paramount-Warner Bros. Merger Over 49.5% Foreign Ownership
FCC Commissioner Anna Gomez demands rigorous scrutiny of Paramount Global’s proposed merger with Warner Bros. Discovery, citing 49.5% foreign ownershi...
Hollywood’s Biggest Studios Compete for Michael B. Jordan’s Battlefield Movie
Warner Bros. Discovery, Amazon MGM Studios, Sony Pictures, Universal Studios, and Netflix are reportedly bidding to produce the upcoming Battlefield f...
Five Major Studios Compete in High-Stakes Bidding War for Michael B. Jordan's 'Battlefield' Movie
Five major studios—Warner Bros. Discovery, Amazon MGM Studios, Sony, Universal, and Netflix—are locked in a fierce bidding war for the rights to adapt...
Warner Bros. Discovery Extends CFO Gunnar Wiedenfels' Contract Until 2028 with Major Compensation Package
Warner Bros. Discovery has extended Chief Financial Officer Gunnar Wiedenfels' contract through April 2028, effective July 11. The renewal includes a...
Warner Bros. Discovery CEO David Zaslav's 2025 Compensation Soars to $165 Million Amid Company Restructuring Plans
Warner Bros. Discovery CEO David Zaslav's total compensation tripled in 2025, reaching $165 million, primarily driven by stock options tied to his pla...
Paramount Skydance CEO David Ellison Attends Trump State Dinner Amid Warner Bros. Merger Talks
Paramount Skydance CEO David Ellison attended a Trump-hosted state dinner for King Charles III, highlighting his growing influence in Washington as th...
Paramount Seeks FCC Approval for Middle East Investment in $110B Warner Bros. Merger
Paramount Skydance has filed a petition with the FCC to approve Middle East equity investments in its $110 billion merger with Warner Bros. Discovery....
Warner Bros. Discovery’s Failed Bid to Shelve 'Coyote vs. Acme' Backfires Under David Zaslav
Warner Bros. Discovery attempted to quietly shelve 'Coyote vs. Acme' to claim tax write-offs, but the plan backfired after a judge ruled the film must...
Trump Addresses DC Elite at Paramount CEO’s Dinner Amid $111B Merger Review
Donald Trump spoke for nearly an hour at a private Washington, D.C. dinner hosted by Paramount CEO David Ellison on Thursday, attended by CBS News exe...
Ben Stiller Warns Warner Bros.-Paramount Merger Threatens Original Content in Hollywood
Actor Ben Stiller warns that the $110 billion Warner Bros. Discovery-Paramount merger will reduce opportunities for original IP and diverse voices in...
Trump Attends Private Dinner Hosted by David Ellison After Paramount-Warner Bros. Discovery Merger Vote
Donald Trump attended a private dinner hosted by David Ellison in Washington, D.C., just hours after Warner Bros. Discovery shareholders approved the...
Advocacy Groups Claim Paramount-WBD Merger Faces Growing Opposition After Shareholder Vote
A coalition of advocacy groups says Warner Bros. Discovery’s shareholder vote reveals ‘cracks in the armor’ as momentum builds to block the $110 billi...
Warner Bros.-Paramount $110B Merger Clears Shareholder Vote: What Comes Next?
Warner Bros. Discovery’s $110 billion merger with Paramount cleared a major hurdle Thursday after shareholders approved the deal. Regulatory battles l...
Warner Bros. Discovery shareholders approve $81B Paramount merger, reshaping Hollywood's future
Warner Bros. Discovery shareholders have overwhelmingly approved an $81 billion merger with Paramount Global, a deal valued at $111 billion including...
Jane Fonda’s Committee Slams Warner Bros. Discovery Shareholders Over Paramount Merger Approval
Jane Fonda’s Committee for the First Amendment criticized Warner Bros. Discovery shareholders for approving the studio’s merger with Paramount, callin...
Warner Bros. Shareholders Vote Down David Zaslav's $887M Golden Parachute Package
Warner Bros. Discovery shareholders rejected CEO David Zaslav's $887 million golden parachute compensation in a non-binding vote on Thursday. The pack...
NYC Mayor Mamdani Opposes Warner Bros.-Paramount Merger, Cites Job Losses and Higher Streaming Costs
New York City Mayor Zohran Mamdani has urged Warner Bros. Discovery shareholders to vote against the proposed merger with Paramount Skydance, warning...
Netflix Approves $25 Billion Stock Buyback to Stabilize Share Price After Failed WBD Deal
Netflix’s board has authorized a $25 billion stock buyback to support its share price following the collapse of its $83 billion Warner Bros. Discovery...