Business
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Fixated Acquires Creator Monetization Company Elevate | Exclusive
This comes after the creator management company secured a $50 million investment, partially for M&A initiatives
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Paramount Downgraded to Junk Status by Fitch, Put on Negative Credit Watch Over $110 Billion Warner Bros. Deal
S&P is also keeping the David Ellison-led media giant on a negative credit watch as both firms warn of “materially elevated leverage” at the combined entity upon closing
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Hollywood Filmmakers Fearful as Paramount Wins Warner Bros: ‘Different Bidder, Same Anxiety’
Silver linings were few and far between for filmmakers, staffers and theater owners who spoke to TheWrap
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Deals & M&A
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Versant Profits Slide 32% to $930 Million in 2025
Revenue tumbled 5.3% to $6.7 billion on lower linear distribution, advertising and content licensing
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Business
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Donald Trump’s Muddled Iran Message Thickens the Fog of War | Analysis
Instead of an Oval Office address and East Room press conference, the president has opted for a Mar-a-Lago video and brief phone interviews — bypassing the sustained scrutiny expected in taking the nation to war
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Columns
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Matt Damon, Ben Affleck’s Artists Equity Signs First Look Deal With Netflix
The studio behind “The Rip” now has a second partnership alongside its theatrical deal with Sony
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Democratic Lawmakers Demand Answers From Trump White House, AG Pam Bondi After Ted Sarandos’ Netflix-WBD Deal Meeting
Elizabeth Warren, Richard Blumenthal and Sam Liccardo are investigating whether the Trump administration pressured the streamer to abandon its $83 billion deal
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Fox’s Lachlan Murdoch Expects Regulators to Put Conditions on Paramount-WBD Merger
The chief executive added that he anticipates CNN under David Ellison will remain a “strong competitor” to Fox News
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Paramount Will Combine HBO Max and Paramount+, Won’t Sell or Spin Off Cable Assets
CEO David Ellison added that HBO would continue tohave “the resources and independence to do what it does best”
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The Media Front: David Ellison, the King of All Media
In this edition: David Ellison’s rise, CNN’s future, MS NOW-Crooked Media mash-up and Axios’ video plans
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Columns
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Paramount Beat Netflix for WBD, but the Regulatory Fight Isn’t Over | Analysis
In addition to needing to win over regulators at home and abroad, the $110 billion deal may face a legal challenge from state attorneys general
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Deals & M&A
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‘Sinners’ Topples ‘One Battle’ at Actors Awards (Complete Winners List)
Michael B. Jordan also won lead actor, beating “Marty Supreme” favorite Timothée Chalamet
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Ted Sarandos Says Netflix Lost Warner Bros. Bid to ‘Irrational’ Paramount Offer: ‘Maybe It’s to Our Advantage
The Netflix CEO also strongly denies that Trump would have had any influence: “Very clear from our first discussion that he never intended that”
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Producers Guild Awards: ‘One Battle After Another’ Wins Best Picture Award
Other winners include “The Studio,” “The Pitt,” “The Late Show With Stephen Colbert” and “KPop Demon Hunters”
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‘Sinners’ Tops NAACP Image Awards, Michael B. Jordan Named Entertainer of the Year
Ryan Coogler’s acclaimed vampire drama scored multiple wins on Saturday, including best film and lead actor for Jordan
