Deals & M&A
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News Corp, Meta Strike AI Content Licensing Deal
The deal would see the tech giant pay the Wall Street Journal publisher for its U.S. and U.K. content
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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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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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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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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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SAG-AFTRA Chief Says Union Will Render Verdict on Warner Bros. Sale to Paramount ‘When the Time Is Right’ | Video
Duncan Crabtree-Ireland also says “we stand in full unity” with striking WGA
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Ted Sarandos Says Netflix Lost Warner Bros. Bid to ‘Irrational’ Paramount Offer: ‘Maybe It’s to Our Advantage
The Netflix CEO also strongly denies that Trump would have had any influence: “Very clear from our first discussion that he never intended that”
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Veteran CBS News Producer Exits Network, Citing Politicized Newsroom Shift
“We’ve been told to aim our reporting at a particular part of the political spectrum,” Mary Walsh writes in a goodbye note to colleagues
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The Future of John Oliver’s ‘Last Week Tonight’ Will Be a Stress Test for Paramount | Analysis
The Emmy darling is a pillar of HBO’s brand. But can the overtly political show survive a new business daddy?
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TV Shows
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Cinema United Says Concerns Over Fewer Theatrical Movies Still Stand as Paramount Wins Warner Bros
“Heed the lessons of the past,” the president and CEO of the theater lobbying group urged
