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Industry News

Business

  • Netflix Stock Rises Another 10% After Dropping Out of Warner Bros. Bidding War

    Shares of Paramount Skydance also jumped another 14% on Friday

    By

    Lucas Manfredi
    February 27, 2026 @ 8:34 AM
    Deals & M&A
    8:34 AM
    Netflix Stock Rises Another 10%  After Dropping Out of Warner Bros. Bidding War
  • Rick Caruso Hasn’t Been Contacted About LA Olympics 2028, but Would ‘Take It Seriously’ If Wasserman Steps Down | Video

    “I think that’s a very personal decision within him, to ask himself, ‘Can I continue to do the job that I need to do?’” the billionaire businessman says

    By

    JD Knapp
    February 27, 2026 @ 8:19 AM
    Sports
    8:19 AM
    Rick Caruso Hasn’t Been Contacted About LA Olympics 2028, but Would ‘Take It Seriously’ If Wasserman Steps Down | Video
  • ‘Scream 7’ Hits Franchise High With $7.8 Million in Box Office Previews

    The return of Neve Campbell should lift the latest “Scream” film well past the $44.5 million opening of “Scream VI”

    By

    Jeremy Fuster
    February 27, 2026 @ 8:07 AM
    Business
    8:07 AM
    ‘Scream 7’ Hits Franchise High With $7.8 Million in Box Office Previews
  • CNN Anxiety Mounts as Paramount Nears Control: ‘People Think It Could Be the End’

    David Ellison’s expected takeover of parent company Warner Bros. Discovery is stoking fears that Donald Trump would gain influence over his longtime cable news nemesis 

    By

    Michael Calderone and Corbin Bolies
    February 27, 2026 @ 7:39 AM

    Pro Available to WrapPRO members

    TV
    7:39 AM
    CNN Anxiety Mounts as Paramount Nears Control: ‘People Think It Could Be the End’

    Pro Available to WrapPRO members

  • What Paramount’s Winning Warner Bid Means: More Movies, More Debt and a CNN in Question

    For months, Hollywood has been transfixed and horrified by the prospect of either Netflix or Paramount winning the day

    By

    Sharon Waxman
    February 26, 2026 @ 5:43 PM

    Pro Available to WrapPRO members

    Columns
    5:43 PM
    What Paramount’s Winning Warner Bid Means: More Movies, More Debt and a CNN in Question

    Pro Available to WrapPRO members

  • Warner Bros. Activist Investor Says Paramount Deal Is ‘Win-Win’ for Shareholders and Hollywood

    “We’re thrilled to have shined a light on the need for the WBD Board to pursue a larger, more certain deal with Paramount,” Ancora Holdings says

    By

    Lucas Manfredi
    February 26, 2026 @ 4:21 PM
    Business
    4:21 PM
    Warner Bros. Activist Investor Says Paramount Deal Is ‘Win-Win’ for Shareholders and Hollywood
  • Equalpride Lays Off Journalists From Legacy LGBTQ Publications Out, The Advocate

    “It meant the world to me to be part of a publication that made joy its core ethos,” Rachel Shatto, the former Pride.com editor-in-chief, writes

    By

    Alyssa Ray
    February 26, 2026 @ 4:09 PM
    Journalism
    4:09 PM
    Equalpride Lays Off Journalists From Legacy LGBTQ Publications Out, The Advocate
  • Paramount Snatches Warner Bros. From the Jaws of Netflix | Analysis

    Paramount capitalized on rising regulatory pressure on Netflix to slip in with its “superior proposal”

    By

    Roger Cheng
    February 26, 2026 @ 4:03 PM

    Pro Available to WrapPRO members

    Deals & M&A
    4:03 PM
    Paramount Snatches Warner Bros. From the Jaws of Netflix | Analysis

    Pro Available to WrapPRO members

  • Warner Bros. Discovery CEO Says Paramount Deal Will Create ‘Tremendous Value’ for Shareholders

    David Zaslav also thanked Netflix’s Ted Sarandos, Greg Peters and Spencer Neumann for being “extraordinary partners” throughout the sale process

    By

    Lucas Manfredi
    February 26, 2026 @ 3:52 PM
    Deals & M&A
    3:52 PM
    Warner Bros. Discovery CEO Says Paramount Deal Will Create ‘Tremendous Value’ for Shareholders
  • Paramount’s David Ellison Called to Senate Antitrust Hearing After Netflix Exits WBD Bidding War

    The Paramount CEO previously said he’s willing to testify before Congress on the deal

    By

    Benjamin Lindsay
    February 26, 2026 @ 3:37 PM
    Deals & M&A
    3:37 PM
    Paramount’s David Ellison Called to Senate Antitrust Hearing After Netflix Exits WBD Bidding War
  • Netflix Stock Surges Over 9% After Streamer Bows Out of Warner Bros. Race

    Shares of Paramount jumped 5.2% in after-hours trading on Thursday, while WBD fell 1.9%

    By

    Lucas Manfredi
    February 26, 2026 @ 3:33 PM
    Deals & M&A
    3:33 PM
    Netflix Stock Surges Over 9% After Streamer Bows Out of Warner Bros. Race
  • Warner Bros. Discovery Board Determines Paramount Skydance’s $31 Per Share Offer Is ‘Superior Proposal’ to Netflix Bid

    The streaming giant will have four business days to match David Ellison’s latest offer

    By

    Lucas Manfredi
    February 26, 2026 @ 1:22 PM
    Deals & M&A
    1:22 PM
    Warner Bros. Discovery Board Determines Paramount Skydance’s $31 Per Share Offer Is ‘Superior Proposal’ to Netflix Bid
  • Starz Tops 17 Million Subscribers, Driven by ‘Power Book IV: Force’ Season 3 and ‘Spartacus: House of Ashur’

    The company added 370,000 streaming subscribers during the fourth quarter, but shed 200,000 linear TV subscribers

    By

    Lucas Manfredi
    February 26, 2026 @ 1:07 PM

    Pro Available to WrapPRO members

    Business
    1:07 PM
    Starz Tops 17 Million Subscribers, Driven by ‘Power Book IV: Force’ Season 3 and ‘Spartacus: House of Ashur’

    Pro Available to WrapPRO members

  • Senate Sets 2nd Netflix-Warner Bros. Antitrust Hearing

    The hearing will examine competition and monopsony concerns around the $83 billion deal

    By

    Lucas Manfredi
    February 26, 2026 @ 1:02 PM
    Business
    1:02 PM
    Senate Sets 2nd Netflix-Warner Bros. Antitrust Hearing
  • CNBC Hit by Layoffs in Newsroom Restructure

    The cuts will see fewer than a dozen people leave the business network

    By

    Corbin Bolies
    February 26, 2026 @ 10:22 AM
    Journalism
    10:22 AM
    CNBC Hit by Layoffs in Newsroom Restructure
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