Deals & M&A
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Warner Bros. Discovery Ad Chiefs Ryan Gould, Robert Voltaggio to Exit
The pair will remain with Skydance through 2026, working closely with the advertising division’s Chief Revenue Officer Jay Askinasi on the transition
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Disney+ to Add Channel 4 Content in the UK, Ireland in Early 2027
Shows like “Tip Toe,” “Maya” and “Stepping Up” will be available day and date alongside the free-to-air broadcaster’s main TV channel
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Lionsgate Forms Joint Venture With Steven Paul’s SP Media With $100 Million Investment
Paul has been personally lobbying Donald Trump for a federal film tax incentive alongside frequent collaborator Jon Voight
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Skydance Offers Voluntary Buyouts Ahead of Layoffs
The David Ellison-led media giant is also adopting an in-office policy of five days per week
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Peacock’s Profitability Streak, World Cup, Christopher Nolan’s ‘The Odyssey’ Lift NBCUniversal Ahead of Spinoff
But theme parks softness and a continued downturn in broadband and video weighed down Comcast’s third-quarter results
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Business
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Versant CEO Says Buying Skydance Cable Networks Is ‘Probably Not in Our Short-Term Future’
Mark Lazarus dispels rumors that the NBCUniversal spinoff would acquire the merged company’s linear assets
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Netflix Revenue, Advertising Slowdown Rattles Wall Street as Growth Concerns Persist
Shares of the streamer fell over 6% after its weaker-than-expected outlook for the rest of 2026 overshadowed its third-quarter earnings
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Business
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Legendary Entertainment Makes a Play for Lionsgate
The move comes after the “Dune” producer first eyed a potential acquisition of the Hollywood studio last year
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Jeff Shell to Launch Linear TV-Focused Investment Vehicle
The new venture, which would be backed by RedBird Capital Partners, is eyeing a launch in the first or second quarter of 2027
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British Government ‘Minded to Intervene’ in Sky’s $2.1 Billion ITV Takeover
UK Secretary of Culture, Media and Sport Lisa Nandy has given the companies until Oct. 20 to address her concerns
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From $900 Million to Rock Bottom: How Reese Witherspoon’s Hello Sunshine Cratered After Candle Media’s Big Bet | Analysis
Kevin Mayer and Tom Staggs wagered that the actress and producer’s star power could drive new revenue streams. It didn’t work out
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Deals & M&A
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Fox’s $22 Billion Roku Acquisition Secures Shareholder Approval
The deal remains on track to close in the first half of 2027, subject to regulatory approval
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Skydance Shares Tumble 25% After Issuing 471 Million Stock Warrants to Paramount Investors
If all of the warrants were exercised at the initial $12 exercise price, it would raise $5.65 billion for the company
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CNN and CBS News Will Stay Separate Under Skydance. But How Much Can They Share?
Bureaus, crews and production could offer savings — but the biggest efficiencies risk changing the journalism
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TV
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