Deals & M&A
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Inside Wonder Project’s Plan to Super Serve the ‘Faith and Values’ Audience
Office with a View: CEO Kelly Merryman Hoogstraten tells TheWrap about the company’s efforts to build franchises and leverage hybrid filmmaking through its Innovative Dreams division
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Paramount Submits Concessions to Secure WB Merger Approval in Europe
The European Commission has extended the deadline of its review from July 7 to July 22
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Getty Images Pulls Plug on $3.7 Billion Shutterstock Merger
The visual media companies had just secured clearance from the DOJ back in April
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Paula Reid to Exit CNN Before Paramount Takes Control
The chief legal affairs correspondent joined the news network in 2021
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Comcast Credit Rating Under Review for Potential Downgrade Amid Planned NBCUniversal Split
Moody’s warns that the “negative secular pressures” of its broadband-focused Connectivity and Platforms unit are “heightening overall business risks”
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UK Government ‘Minded to Intervene’ on Paramount-WBD Deal After Review
Culture Secretary Lisa Nandy has given the companies until July 6 to respond to her concerns regarding the $110 billion merger
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As NBCU Splits From Comcast, Will It Be the Next M&A Target? | Analysis
What will happen to NBCUniversal once its separates from Comcast’s cable and internet business?
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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?
Our weekly newsletter will bring you the insights that bridge Wall Street and Hollywood
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