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Britain’s Competition and Markets Authority (CMA) has approved David Ellison-led Paramount Skydance’s planned $111 billion takeover of Warner Bros. Discovery. The merger watchdog, considering the merger on theatrical film distribution grounds, concluded although “the parties compete closely, they do not appear closer to each other than to Universal, Disney, or Sony. While the merged entity…
Warner Bros. Discovery has acquired A24’s Friday the 13th prequel series Crystal Lake for HBO Max across Europe, the Middle East and Africa, excluding the U.K. and Ireland. The series is set to debut on HBO Max across the region later this year. Peacock has Crystal Lake for the U.S. and will be premiering the…
Actors Benedict Cumberbatch, Alan Cumming and Benedict Wong have penned an op-ed in The Guardian calling for the U.K. to block the Paramount–Warner Bros. merger, arguing that the deal threatens to inflict “immense harm on the British public.” The U.K. culture secretary Lisa Nandy — who has remained in her post amid a cabinet reshuffle with new…
Warner Bros. Discovery filed a lawsuit this week accusing Amazon of interference with contractual relations, breach of contract, and unfair competition. As reported by Deadline, the lawsuit alleges Amazon has been “hurriedly seeking to pirate away a number of contracted employees,” including Pia Barlow, an HBO Max marketing executive who recently joined Amazon MGM Studios….
As Paramount‘s $111 billion takeover of Warner Bros. Discovery gets closer to being completed, CNN is getting ready for what the merger will mean for the media company. Warner Bros. is CNN’s parent company, meaning the news property will be a major part of the acquisition alongside other assets including HBO, the Warner Bros.’ movie studio and…
The Justice Department has cleared Paramount‘s $111 billion megadeal for Warner Bros., a key approval that removes a major regulatory roadblock to completing the merger that will reshape Hollywood. The acquisition will “increase competition across the media and entertainment ecosystem,” the Justice Department’s Antitrust Division said in an announcement on Friday. The agency found that markets…
Emotions spilled over at a gathering of Hollywood workers, union officials and a current and former FCC commissioner opposed to the planned Paramount Skydance-Warner Bros. merger on Saturday, with some arguing that the mega-merger on top of other recent challenges in the business would mean the “death of Hollywood.” Writers, actors, crew members and small…
As Discovery’s popular reality series Deadliest Catch premieres its 22nd season on May 8, Canadian broadcaster Rogers Sports & Media has greenlit a local version, Deadliest Catch: Northern Edge, as the first international adaptation of the popular Warner Bros. Discovery property. A deal with Fremantle Canada will see eight episodes follow a new fleet…
David Ellison held an event at the at the U.S. Institute of Peace on Thursday in honor of Donald Trump, where the president reportedly spoke to guests for nearly an hour. According to a Friday report by The Times, CBS News executives and journalists were in attendance, including Bari Weiss and Norah O’Donnell. The acting…
Paramount‘s $110 billion mega-deal for Warner Bros. Discovery got the green light from WBD shareholders Tuesday morning, as they voted to approve the merger that would combine two of Hollywood’s legacy studios. The shareholders, however, rejected WBD CEO David Zaslav‘s lucrative compensation package, sending a message to its board in the process. The votes are…