Deals & M&A
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Netflix’s Ted Sarandos Denies Trump ‘Interference’ in Scrapped WBD Deal
“He made it very clear that this was under the DOJ,” Sarandos says
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David Zaslav to Get $551.5 Million in Cash, Equity and Benefits From Paramount Merger Payout
The executive is also eligible to receive a tax reimbursement depending on when the deal closes, though the actual amount will significantly decline with the passage of time
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Teamsters to DOJ: Paramount-Warner Merger ‘Can’t Be Allowed to Move Forward’
“This merger threatens the livelihoods of the very workers who built these studios into industry giants,” Teamsters President Sean O’Brien says
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AI Still Dominates as Media VC Deals Fell 69% to $165 Million in First 2 Months of 2026
The Funding File: AI-focused super PAC Leading the Future, Justin and Ben Smith’s Semafor and former Paramount co-CEO Brian Robbins’ Big Shot Pictures were among the biggest VC investments in January and February
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Deals & M&A
Available to WrapPRO members
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Communications Workers of America Plots Shareholder Battle Against Nexstar-Tegna Merger
The union is asking shareholders to back five proposals designed to “improve governance so local TV stations can survive and thrive in the future”
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Tencent Considers Investing in Paramount’s $110 Billion Warner Bros. Deal
The Chinese tech giant previously committed $1 billion to fund David Ellison’s bid, but backed out to avoid raising national security concerns with U.S. regulators
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Radial Entertainment Adds Parrot Analytics as Enterprise Analytics Partner | Exclusive
The partnership will leverage Parrot’s demand analytics to inform M&A and maximize Radial’s 70,000-title library
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Paramount Mulls Studio Lot Changes After Warner Bros. Merger | Report
“We’re going to optimize the combined real estate footprint and corporate overhead,” Gerry Cardinale says
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Democratic Senators Call Out Lack of National Security Review for Paramount-WBD Deal: ‘Head in the Sand’
“Thanks to Donald Trump, a Paramount-Warner Bros. … might allow foreign actors to control what’s on our screens or access our private viewing information,” Sen. Elizabeth Warren says
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Public Interest Groups Urge State Attorneys General to Challenge Paramount-WBD Merger
The coalition warns that the $110 billion deal will result in higher costs, layoffs and a “sharp reduction in consumers’ ability to access news and entertainment programming”
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Byron Allen Acquires 10.7% Stake in Starz for $25 Million From Steven Mnuchin
The former Treasury Secretary’s Liberty Funds sold 1.8 million shares at $13.86 apiece in a private transaction that will close no later than March 13
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Netflix Acquires Ben Affleck’s AI Production Startup
InterPositive offers AI tools that run on a model trained by a TV or film production’s dailies and will address challenges such as replacing missing shots, correcting lighting and enhancing backgrounds
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President Trump Buys Netflix Debt Worth Up to $1.25 Million Amid WBD Sale
The president signed the financial disclosures for his January investments the same day Netflix withdrew its offer for WBD
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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
