Deals & M&A
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Nexstar ‘Highly Engaged’ in Discussions With DOJ, FCC on $6.2 Billion Tegna Merger
“Certainly having the endorsement of the nation’s chief executive doesn’t hurt in the regulatory agencies,” CEO Perry Sook says of President Trump’s support
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Banijay Not Ruling Out ITV Studios Interest After All3Media Merger: ‘Consolidation Is the Name of the Game’
“When you look at the Warner Paramount deal, it’s very easy to understand why you need to be big and global to be relevant in this sector,” Banijay Group CEO François Riahi says
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How the Streamers Stack Up in Subscribers, Revenue and Profits | Analysis
Paramount won the Warner Bros. Discovery bidding war, making it a formidable competitor with over 200 million subscribers, but it’s still not enough to topple streaming king Netflix
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Streaming
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Netflix’s Trump White House Meeting Was Canceled Hours Before Streamer Dropped Out of Warner Bros. Race
Co-CEO Ted Sarandos was in Washington, D.C. last week to meet with the administration about Netflix’s bid for Warner Bros.
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David Zaslav Sells $114 Million in Warner Bros. Discovery Stock
The sale comes as the media giant is slated to merge with Paramount Skydance in a $110 billion deal
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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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