Business
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Paramount Seeks November Warner Bros. Merger Trial While State AGs, WGA Ask for April
The David Ellison-led media giant wants to start as soon as possible, while the states and labor union say they need more time for discovery
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California Gov. Gavin Newsom Encourages State AGs to Settle Paramount-Warner Bros. Merger Lawsuit | Report
The Wall Street Journal reports Newsom is concerned employment in the state could suffer if the $110 billion deal is blocked
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ESPN Announcer Karl Ravech Returns to Call MLB Game Days After Being Laid Off
The longtime commentator is already on deck to call an August game between the New York Yankees and Seattle Mariners
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Why Talent Agencies Are Hot With Investors
This week’s The Ledger also digs into more M&A deals and the continued saga of Paramount-WBD
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Business
Available to WrapPRO members
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Paramount-WBD: Block the Merger Coalition Members Urge UK Culture Secretary to Intervene
The U.K. Competition and Markets Authority will decide whether to clear the $110 billion deal or launch a more in-depth investigation by Aug. 7
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Sony Profit Up 32% as Playstation Stays Strong While Film, TV Lag
Sony Pictures slid 4% in revenue, though next quarter should see a big turnaround with “Spider-Man: Brand New Day”
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Anne Sweeney Resigns From Netflix Board
Her departure is “not due to any disagreement with the company,” the streamer says
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NBCUniversal Names Christopher Halpin CFO Ahead of Comcast Spinoff
Halpin joins from People Incorporated as the media company prepares to enter its next chapter
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Amazon Plans to Spend $20 Billion More on AI. Wall Street Loves It
The over 9% gain in the tech giant’s share price stands in contrast to the hit Meta and Alphabet took on their AI investment plans
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Business
Available to WrapPRO members
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Mike Darnell Inks Multi-Year Overall Deal With Netflix, Will Provide ‘Guidance’ Over Unscripted Slate
The “American Idol” and “Masterchef” producer’s move comes three years after his exit from Warner Bros.
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SiriusXM Launches $5 Sports Pass as It Expands Subscription Strategy
“Every new channel, artist performance, live event and creator collaboration advances our vision for the future of audio,” CEO Jennifer Witz says
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Alicia Silverstone’s ‘Clueless’ TV Series Picked Up at Paramount+
The reboot of the beloved 1995 comedy was dropped by Peacock
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ABC Calls on FCC to Dismiss Early Renewal License Review: ‘Untimely and Unwarranted’
The network’s opposition filing references 150,000 public comments largely in support of its broadcast stations
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John Legend to Play Harry Belafonte in South African Music Drama ‘The Road Home’
The EGOT winner joins Thabo Rametsi, Cynthia Erivo and Guy Pearce in the Studiocanal production
