Business
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David Zaslav Sells $59 Million in Warner Bros. Discovery Stock
The CEO has already sold $114 million worth of stock in his studio as its acquisition by Paramount Skydance faces a legal challenge
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‘The Haunting of Hotel Transylvania’ to Hit Theaters in 2027 as Sony Revs Up New Sequel
Sony Pictures will distribute the film domestically, while Amazon MGM Studios will distribute internationally
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Rob Bonta Blasts Trump for Dropping the Ball on Paramount Deal: ‘It Would Be Better if They Just Did Nothing’
The California attorney general says the proposed $110 billion deal would lead to higher prices, fewer shows and movies
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12 State AGs Sue to Block Paramount-Warner Bros. Merger: ‘Protect This Iconic Industry’
“California’s film and entertainment industry touches the lives of Americans daily. We’re going to court to fight for a free and fair market,” Rob Bonta says
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Paramount Is Prepared to Solve ‘Legitimate Antitrust Issues’ If State AGs Sue to Block WBD Merger
David Ellison’s advisers have reportedly discussed relocating their headquarters as California reviews the proposed $110 billion deal
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The Media Front Returns With Telemundo’s World Cup Moment
TheWrap’s media-focused newsletter is back
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Journalism
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Why Letterboxd Is a Hot Takeover Target | Analysis
The social network boasts a fiercely loyal and active community, but will a studio takeover upset that balance?
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Deals & M&A
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Secrets of Sun Valley: FOMO Drives Media CEOs at Height of Dealmaking Fever
This year everyone showed up with media dealmaking at a fever pitch and tech leaders desperate to gauge the limits of AI
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Business
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Larry the Cable Guy Sends a Blunt Message About Comedy in ‘Woke’ America
The stand-up comedian also weighs on Shane Gillis “doubling down” after getting canceled
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‘Michael’ Becomes First $1 Billion Biopic in Box Office History
The Antoine Fuqua film on the King of Pop already passed “Oppenheimer” to claim the biopic record
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Paramount-WBD Merger: Oregon AG Withdraws Records Request, Motion to Delay to ‘Consider Next Steps’
ODOJ tells TheWrap that the David Ellison-led media giant thinks they’re “above the law” after refusing to comply and that it won’t “let them waste Oregonians’ resources on these games”
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DirecTV and Scripps End 5-Week Blackout With New Multi-Year Agreement
The companies will restore access for 54 local broadcast stations to satellite, streaming, and U-verse customers across 36 markets, effective immediately
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TriStar Pushes Dakota and Elle Fanning’s ‘The Nightingale’ to March 2027
The adaptation of Kristin Hannah’s WWII novel will be the first film starring the Fanning sisters together
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Ariana Grande Won’t Star in ‘American Horror Story’ Season 13 After All
The pop star was unable to make production scheduling work with her Eternal Sunshine Tour
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The Ledger: Investors Are Tapping World Cup Fever
In this week’s The Ledger column, we look at
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Business
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