Deals & M&A
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Does Warner Bros. Discovery CEO David Zaslav Deserve His $887 Million Golden Parachute? | Analysis
The sky-high pay package is criticized by financial expert firms, but some say he earned the payout after sending the share price soaring
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Deals & M&A
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UK Regulators Ready Investigation of Paramount-Warner Bros. Merger
The regulator is asking for views on how the $110 million deal may impact competition by April 27
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Judge Extends Nexstar-Tegna Merger’s Temporary Restraining Order
DirecTV and a group of state attorneys general are suing to block the $6.2 billion deal, which would create a local TV station giant reaching 80% of U.S. households
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David Zaslav’s $887 Million Golden Parachute Rejected as ‘Problematic’ in Shareholder Advisory Firm’s Paramount-WB Assessment
ISS says that the “extraordinary” payout is “inconsistent with common market practice”
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Jeff Shell Out as Paramount Skydance President
The media giant has been conducting an internal investigation into claims brought against the executive by whistleblower and Las Vegas gambler R.J. Cipriani
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Paramount Confirms Middle East Sovereign Wealth Fund Investment to Back Warner Bros. Deal
The David Ellison-owned media giant says their participation is an “important milestone” in the $110 billion deal
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Fox Corp, Kalshi Strike Deal to Bring Prediction Data to TV, Streaming
The move follows Kalshi’s partnerships with CNN and CNBC, as media companies lean into prediction market data
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Paramount Secures $24 Billion Commitment From Middle East Sovereign Wealth Funds for Warner Bros. Deal
Saudi Arabia’s Public Investment Fund will provide roughly $10 billion
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State AGs Are Pushing Back Against Media Consolidation. Is It Too Late?
Experts told TheWrap that Nexstar-Tegna’s temporary restraining order could embolden the states to pursue a legal fight against Paramount-Warner Bros.
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Deals & M&A
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Versant Acquires AI-Powered Financial Insights Firm StockStory
Versant says the deal will strengthen CNBC’s ability to provide real-time, data-driven insights to investors
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WME Sells 160over90 to Publicis Groupe for Over $500 Million
The sports marketing firm has worked on activations for global brands, including the NFL’s Super Bowls, the Olympic Games, the World Cup and more
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Nexstar Says It Can’t Fully Comply With Tegna Merger’s Temporary Restraining Order
The company said it took actions at closing that can’t be reversed and that the order creates “immediate operational harm”
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Sens. Ted Cruz, Maria Cantwell Raise ‘Serious Concerns’ Over Nexstar-Tegna Merger in Letter to Brendan Carr
The Senate Commerce Committee leaders criticize the FCC chair for approving the merger without a vote from the full commission
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Nexstar Stock Falls Over 8% After Judge Pauses Tegna Merger
An April 7 hearing has been set to determine whether the $6.2 billion deal violates antitrust law and will require a preliminary injunction to stop it
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How the Iran War Could Squeeze Hollywood’s Middle East Cash Pipeline | Analysis
Experts warn a prolonged conflict could drive up costs and slow the flow of future investments
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