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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…
Warner Bros. Discovery has scheduled its special meeting of shareholders to vote on the $110 billion mega-deal by Paramount Skydance. The company said early Thursday that the special shareholder meeting will be held on April 23 at 10 a.m. ET. The WBD board said that it unanomously recommends that shareholders vote to approve the Paramount…
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…