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The good news continues for Paramount as Scream 7 blew past all expectations at the weekend box office, where the Spyglass Media pic easily opened to a franchise-best $64.1 million domestically and $33.1 million overseas for a global start of $97.2 million. In North America, it’s the biggest launch ever for a horror title going…
Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were being financially disciplined. Now reporting in Bloomberg offers more details about…
Mary Walsh, a veteran CBS News producer of over four decades, is exiting the company, claiming in an exit memo to staffers that instructions to “aim our reporting at a particular part of the political spectrum” are partly why she’s departing. “We’ve been reading a lot of goodbyes lately and here I am headed out…
Sometimes a song captures a mood better than any prose. When David Ellison was revealed as the winner in the two-man bid to be the last king of Hollywood, or at least a key part of its hopefully ongoing legacy, a line came to mind: the title lyric from Fleet Foxes’ 2020 indie-rock power ballad “Can I Believe…
“Paramount Skydance victory in Warner Bros. Discovery bidding war came after failed Netflix exec visit to win over White House” Netflix CEO Ted Sarandos failed Thursday to convince a skeptical Trump administration to approve his proposed takeover of Warner Bros. Discovery – and with that, his nearly done deal to buy WBD’s streaming service and…
In a flurry of hundred-billion-dollar-deal offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. On Thursday, Warner Bros. Discovery announced that Paramount Skydance’s newest offer of $31 a share was a “superior proposal,” giving Netflix four business days to counter. Netflix then said it would not…
In a stunning twist, Netflix is declining to raise its bid for Warner Bros., positioning David Ellison’s Paramount as the winner in the battle for the fabled studio. Netflix co-CEOs Ged Sarandos and Greg Peters released a statement Thursday outlining their decision, namely that the the deal is “no longer financially attractive” and that it…
Warner Bros. Discovery reported its fourth quarter 2025 results on Thursday morning, posting total revenue of $9.46 billion and 131.6 million global streaming subscribers. WBD lost $252 million in Q4; adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $2.216 billion. Overall revenue was down 6 percent from the fourth quarter last year, though…
Sports took center stage, or should that be: center field, at MIP London on Tuesday in a panel discussion entitled “Sport & Creators: Strategic Priorities Shaping Streaming Platforms.” David Salmon, managing director, international at Fox Corp.’s Tubi, Olivier Jollet executive vp and international general manager at Paramount‘s Pluto TV, Paramount Skydance, and Walker Jacobs, global…
Mark Ruffalo has shared his thoughts on James Cameron‘s letter in opposition to Netflix buying Warner Bros. Discovery, with the filmmaker instead sharing support for Paramount to acquire the company. “So… the next question to Mr Cameron should be this… ‘Are you also against the monopolization that a Paramount acquisition would create? Or is it…