Business
-
Disney Sends Cease and Desist Letter to Google Alleging Copyright Infringement on ‘Massive Scale’ in Gen AI Results
The letter argues that the tech giant is leveraging its dominance to “commercially exploit and distribute” infringing images and videos
-
Moody’s Warns Warner Bros. Discovery Could Still Face Credit Downgrade Despite Netflix Deal
The firm also said Paramount’s hostile takeover bid “comes with significant risk, but makes strategic sense”
-
Versant Taps Rob McGovern as SVP of Ad Sales for Digital Platforms and Ventures | Exclusive
The former TelevisaUnivision and WarnerMedia exec will oversee partnerships for Fandango, Rotten Tomatoes and more
-
Paramount Takes $30-Per-Share Cash Offer for Warner Bros. Discovery Directly to Shareholders
David Ellison trashes Netflix and WBD’s “murky” sale process and touts “air-tight financing” in a Wednesday letter
-
Warner Bros. Shareholders Are Betting Paramount Will Make a Higher Bid
David Ellison met with shareholders Tuesday and has previously said his all-cash $30-per-share offer is not his “best and final”
-
Democratic Lawmakers Sound Alarm on Paramount’s Hostile Warner Bros. Takeover Bid Over Middle Eastern Investment
Sam Liccardo and Ayanna Pressley are calling for a review to evaluate the offer’s risks to national security
-
Netflix-WBD Merger Faces Antitrust Class Action on Behalf of HBO Max Subscribers: ‘Presumptively Anticompetitive’
“The elimination of a leading SVOD competitor by Disney raised prices, reduced quality and has not been offset by competitive entry,” an antitrust complaint notes
-
Netflix Shares Slide 8% in 5 Days Amid Warner Bros. Discovery Bidding War
WBD stock is up 20% over the same period as David Ellison has brought his all-cash, $30 per share offer directly to shareholders
-
YouTube TV to Launch More Than 10 Genre-Specific Packages in 2026
Plans will be available across sports, news and family & entertainment content
-
Mario Gabelli ‘Highly Likely’ to Tender Warner Bros. Discovery Shares to Paramount
The GAMCO Investors chairman tells TheWrap that while he believes the all-cash, $30 per share offer is “superior” for his clients, the battle with Netflix is still in the “early innings”
-
Kevin Mayer Predicts the ‘Price Is Going to Go Higher’ in Paramount-Netflix Bidding War for Warner Bros. Discovery
The Candle Media CEO, who was instrumental in securing Disney’s $71 billion deal for Fox, suspects “we’re in for more fireworks here”
-
Disney Names Former Apple COO Jeff Williams to Board of Directors
The executive, who would expand the size of the board to a total of 11 members, will stand election at the media giant’s 2026 annual meeting of shareholders
-
The Reset: Speaking Hard Truths in an Anti-DEI Age
Silence and fear have permeated for most of the year but at TheWrap’s Power Women Summit direct and candid talk was on the agenda
Available to WrapPRO members
Business
Available to WrapPRO members
-
AMC Networks Taps Peacock, Hulu Executive Annie Luo as Streaming Growth President
The executive will oversee the company’s portfolio of targeted streaming services, including AMC+, Acorn TV, Shudder, HIDIVE, Sundance Now, ALLBLK and All Reality
-
What’s Next for Paramount’s Hostile Takeover Bid for Warner Bros. Discovery
Here’s a timeline for when WBD is expected to respond, while Paramount teased it may have an even sweeter offer in store
Available to WrapPRO members
Business
Available to WrapPRO members