Deals & M&A
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How Bob Iger Snatched the Lakers in a Shocking $12.5 Billion Deal
One of the crown jewels of professional sports is tied to a tale that cuts between the worlds of politics, business, entertainment and sports
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Deals & M&A
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Rob Bonta Is ‘Committed’ to Paramount-Warner Lawsuit Despite Settlement Calls From DGA, IATSE
“This merger violates long-standing federal antitrust law,” the California attorney general’s office says
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Hollywood Teamsters Remains Opposed to Paramount-Warner Merger: ‘Stop Playing Games’
“Fast-tracking corporate greed often lends to the creative and skilled workforce losing,” the union says in a sharp statement
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David Zaslav Sells $21.7 Million in Warner Stock Amid Paramount Merger Legal Limbo
The Warner Bros. Discovery CEO previously sold $59 million worth of the media giant’s stock in July and $114 million in March
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Paramount Unwilling to Sell CNN as Industry Pushes for Settlement Concessions
There is “zero truth” to reports that CEO David Ellison is prepared to sell the cable news network
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DGA, IATSE Urge Paramount Lawsuit Settlement on Condition of Separate Studios, 45-Day Windows
A joint letter from the unions urge California AG Rob Bonta to settle his lawsuit to preserve a “vibrant, competitive marketplace”
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Paramount Considers Creating Oversight Board at CNN
The discussions come amid concerns about the network’s independence in the pending $110 billion Warner Bros. Discovery merger
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Congressman Jamie Raskin Accuses David Ellison of Colluding With Trump to ‘Curtail Media Independence’
He also says Paramount is trying to “spread political censorship and suppress dissent” as it seeks to close a pending $110 billion merger with Warner Bros. Discovery
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Alex Cooper’s Unwell Valued at $500 Million After Investment From Patrick Whitesell’s WTSL
It marks the first outside investment taken by the “Call Her Daddy” host’s media company
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David Ellison’s Threat to Move Paramount ‘Proves the Danger’ of Warner Merger, Writers Guild Says
“This type of behavior is precisely why the merger should be blocked,” the guild adds
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Xavier Becerra Urges Both Sides to Settle Paramount-WB Antitrust Suit Ahead of Trial: ‘Let’s Be Adults’
“You get way more done in the conference room than you do in the courtroom,” the Democratic nominee in California’s gubernatorial race says
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David Ellison Goes Nuclear With Threat to Move Paramount Out of California — Is It a Stunt?
The Paramount CEO’s ultimatum rattled staffers, but experts are split on the viability of running a major Hollywood studio from Nashville or Atlanta
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Business
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California AG Rob Bonta Rebuffs David Ellison’s Paramount Move Threat, Shrugs Off 30-Film Commitment and CNN Sale
“Paramount has lost the plot as it continues to lose in court,” the California attorney general says
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Ari Emanuel’s Mari to Acquire Broadway and West End Theater Giant ATG Entertainment
ATG operates 70 venues across the U.S., U.K., Germany and Spain and hosts Broadway productions such as “The Lion King,” “Wicked” and “Harry Potter and the Cursed Child”
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David Ellison Threatens to Move Paramount Out of California if State AGs Won’t Negotiate
The CEO gave his executive leadership team an idea of when and where the company might move if state Attorney General Rob Bonta doesn’t settle his antitrust case
