Deals & M&A
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Comcast’s Sky Reaches Terms to Acquire ITV’s Media & Entertainment Unit for $2 Billion | Report
The deal, which includes ITV’s linear channels and ITVX streaming platform, could be announced in the next two weeks, according to Reuters
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Sony Pictures Entertainment Invests $100 Million, Takes Minority Stake in Cosm
SPE chairman and CEO Ravi Ahuja will also join the immersive entertainment company’s board of directors
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Paramount Meets With European Commission to Secure Warner Bros. Merger Approval
The Financial Times reports that the regulator and media giant are discussing remedies to clear the $110 billion deal
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Paramount Addresses Claim Larry Ellison Promised Trump a CNN Overhaul to Secure Warner Bros. Discovery Deal
“No commitments from either David or Larry Ellison have been made to any government body,” a spokesperson for Paramount says
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Piers Morgan’s Uncensored Raises $27 Million From Backers Including Liz Murdoch
The proceeds will be used to launch and scale the media company’s expanding slate of audio and video channels, live events, subscription products and partnerships
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DDA Talent and Worldwide Production Agency Merge to Form New Global Below-the-Line Agency
“Our agencies have always shared the same philosophy: exceptional representation begins with putting artists first,” DDA VP Juanita Tiangco says
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Google Invests $75 Million in A24 for New AI Partnership
The investment, which will fund research for artificial intelligence-fueled filmmaking tools, marks the company’s first stake in a movie studio
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The Ledger: Is Fox a Good Bet After $22B Roku Deal?
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Columns
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Paramount-WBD Could Strengthen Hollywood Against Big Tech | Guest Column
Former Connecticut attorney general George Jepsen shares his thoughts on the merger
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Senators Urge FCC to Prevent Paramount-WB Merger From Closing During Pending Foreign Ownership Review
Foreign investors would control 49.5% of the combined company’s equity
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LA County Warns Paramount-Warner Bros. Merger Puts Nearly 2,500 Local Jobs at Risk
The interim analysis by the Department of Economic Opportunity puts the global impact estimate at roughly 6,000 jobs across areas including corporate, tech and real estate
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Penske Acquires Remaining Vox Media Brands One Month After Murdoch
The deal includes Eater, The Verge, SB Nation, Popsugar, The Dodo, Punch, Thrillist, Vox Studios and Vox Creative
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What’s Netflix’s Next Growth Engine?
The streaming king has expanded into areas like advertising, live events, video podcasts and gaming to boost growth, but is it enough to reach $1 trillion?
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Business
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Netflix Isn’t Interested in Lionsgate Despite Takeover Speculation
Shares of the Hollywood studio jumped 13% after Semafor reported the streamer was interested in a potential acquisition
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Freedom of the Press Foundation Accuses Paramount of Blocking Ad Critical of Warner Bros. Merger
The ad, which also takes aim at the Ellison family and President Donald Trump, would have run during the UFC’s Freedom 250 event on Paramount+
