Business
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The Brits Invade US Newsrooms With a ‘Killer Instinct’ and Fleet Street Ethics
Robert Winnett, the soon-to-be executive editor of the Washington Post, is the latest British journalist to be put in charge of a U.S. news outlet.
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Media
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Sean ‘Diddy’ Combs Sells Majority Stake in Revolt Amid Sex Trafficking and Assault Allegations
The move comes after the rapper and media mogul stepped down as chairman in November
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Paramount Postpones Employee Town Hall as Skydance Merger Talks Continue
The company’s Office of the CEO pushed the meeting to June 25
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Lionsgate, Nielsen Partner for First-Ever FAST Viewership Metrics
The studio’s MovieSphere offering will receive detailed demographic data for the first time
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Max Hikes Prices on Ad-Free Tiers
Effective Tuesday, the streamer will charge $16.99 per month for its Ad-Free tier and $20.99 for its Ultimate Ad-Free tier
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Paramount Office of the CEO Plan Includes Streaming Partnerships, Cost Cuts and Divesting Assets
The executives’ presentation comes as controlling shareholder Shari Redstone decides whether to accept a takeover offer from David Ellison’s Skydance Media
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Paramount Shareholder Aspen Sky Trust Decries Skydance Agreement as ‘Undervalued Bid’ That Only Benefits Shari Redstone
The firm, which owns approximately 6.57 million shares in the media conglomerate, sent a third letter of opposition Monday
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Disney, WBD and Fox Brace for More Congressional Scrutiny After Friday Talks Fail to ‘Satisfy Concerns’ Over Venu Sports Bundle | Exclusive
Congressmen Jerry Nadler and Joaquin Castro are sending a follow-up letter with additional questions as early as this week, TheWrap has learned
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Paramount and Skydance Agree to Deal Terms as Merger Inches Closer, Shares Rise Over 7%
The deal awaits approval from controlling shareholder Shari Redstone
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Skydance Offers Paramount Shareholders a $15 per Share Cash-Out Option as Deal Nears
Studio’s independent committee recommended the offer made by David Ellison’s company
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Paramount Special Committee Recommends Revised Offer From David Ellison’s Skydance Media
The fate of the media conglomerate now sits in the hands of controlling shareholder Shari Redstone
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Sony to Close TriStar TV
Executives Jennifer Turner and Nicole Norwood will exit the studio as part of the move
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Moonbug Entertainment Promotes Global Music Head Courtney Holt to Americas Managing Director
The former Spotify executive will lead the “CoComelon” and “Blippi” company’s North American commercial team
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Skydance Ups Cash Offer for Paramount and Courts Class B Stockholders in Restructured Bid
David Ellison stages his latest attempt to woo shareholders for his production company’s acquisition
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Former ESPN, Turner Execs Invest in Pro Women’s Basketball League Unrivaled, Will Lead Media Rights
Founded by WNBA stars Breanna Stewart and Napheesa Collier, the three-on-three league is set to launch in January 2025
