Business
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Film Festival Leaders Sign Letter of Support for Berlinale Boss Tricia Tuttle Amid Uncertain Future
“We need to maintain spaces where discomfort is embraced,” Cannes’ Thierry Frémaux, Sundance‘s Eugene Hernandez and others write
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Banijay, RedBird IMI’s All3Media to Merge TV Production Businesses
The deal, which will see each company hold a 50% stake in the combined entity, is expected to close by the fall
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‘Little House on the Prairie’ Renewed for Season 2 at Netflix Ahead of July Premiere
Rebecca Sonnenshine showruns the adaptation from CBS Studios and Anonymous Content
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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
