Paramount and Warner Bros Discovery to become Skydance

Paramount and Warner Bros. Discovery will operate as Skydance once their merger closes, Paramount CEO David Ellison announced Friday. Skydance is the name of Ellison’s original film production company. The roughly $110 billion deal is expected to close October 6. It will combine two major Hollywood studios, Paramount+ and HBO Max, and networks including CBS,…

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Tesla’s deliveries fell 2% and still beat expectations

Tesla delivered 486,532 vehicles in the third quarter, down 2% year on year but well above the 461,000 analysts expected, with American electric sales down 47% in August after the federal credit expired. Its European registrations rose 43.3% between January and August, outpacing the wider battery-electric market. Tesla delivered 486,532 vehicles last quarter, 2% fewer…

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