Business
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Trump Touts Friendly Relationship With the Ellisons Hours After Paramount Delays Warner Bros. Merger
The president also takes a moment to praise CBS News editor-in-chief Bari Weiss for her overhaul at the network
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Did Paramount Really Delay Its Warner Bros. Takeover? What the Latest Legal Twist Means | Analysis
With a costly ticking fee looming, Paramount is banking on a speedy trial
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Deals & M&A -
Bill Maher Says Bari Weiss Told Him Some CBS News Staffers Feel ‘Liberated’ Under Her Leadership
“I was curious to just ask her, ‘What’s it like going to work every day there? Are they putting Kick Me signs on your back?’” the HBO host says
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Paramount Agrees to Push Warner Bros. Merger as Far Back as Summer 2027
The state AGs and WGA have withdrawn their requests for a preliminary injunction as they work on a trial start date
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Do Investors See an ‘Odyssey’ Bump?
In this week’s The Ledger, we look at the effect of Christopher Nolan’s film on the bottom lines for theaters and movie studios
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Business -
Warner Bros. Discovery Accuses Amazon of Poaching HBO Max Executive Pia Barlow
The tech giant is being sued for “inducing contracted employees to breach their employment agreements” across multiple WBD subsidiaries
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Amazon MGM Studios Hires Pia Barlow as VP of Series Marketing
The former HBO Max and Netflix exec reports to global head of marketing Sue Kroll
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The Paramount-WBD Merger Is on Hold. CNN’s Transformation Isn’t | Analysis
CNN says its strategy hasn’t changed. CEO Mark Thompson’s challenge is keeping it on track
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Journalism -
Paramount-WBD Deal Delayed Again as Judge Extends Restraining Order by 2 Weeks
With Thursday’s ruling, the earliest David Ellison’s deal for Warner Bros. Discovery can close is Aug. 17
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Patreon Lays Off 20% of Workforce, Affecting 93 Employees
“This change allows us to continue building from a position of strength, no matter how the chaotic world around us continues to change,” CEO Jack Conte writes
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Forbes Chief Content Officer Randall Lane Exits, Effective Immediately
Executive editor Kerry Lauerman assumes interim leadership of the business publication
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How ‘Star Trek’ Fell From Streaming Anchor to Stuck in Limbo
For the first time in nearly a decade, the future of “Star Trek” on television is unclear
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TV -
Imax Rides ‘Michael’ and ‘Mario’ to $103 Million Quarterly Revenue
The premium format reached $285 million in box office grosses as a windfall from ‘The Odyssey” is still to come
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Business -
Peacock Finally Turns a Profit Ahead of NBCUniversal Split, But It’s Not Smooth Sailing From Here
Comcast co-CEO Mike Cavanagh warned Wall Street that the streaming service’s profitability would vary quarter to quarter, based on the timing of sports schedules and other content
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