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Industry News

Deals & M&A

  • Warner Bros. Discovery CFO Gunnar Wiedenfels Renews Contract Through April 2028

    The new deal will kick in on July 11, with the executive set to receive an annual base salary of $2.5 million

    By

    Lucas Manfredi
    April 30, 2026 @ 7:38 AM
    Business
    7:38 AM
    Warner Bros. Discovery CFO Gunnar Wiedenfels Renews Contract Through April 2028
  • Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks

    The moves come after Bill Ackman’s Pershing Square submitted a $64.4 billion takeover bid for the company

    By

    Lucas Manfredi
    April 29, 2026 @ 9:54 AM
    Business
    9:54 AM
    Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks
  • David Ellison Attends Trump-Hosted State Dinner for King Charles III

    The Paramount Skydance CEO’s presence at the White House event comes a day after his company asked the FCC to approve Middle East investment in the Warner Bros. merger

    By

    Alyssa Ray
    April 28, 2026 @ 6:41 PM
    Deals & M&A
    6:41 PM
    David Ellison Attends Trump-Hosted State Dinner for King Charles III
  • Paramount Asks FCC to Approve Middle East Investment in Warner Bros. Merger

    The media giant’s petition notes that indirect foreign ownership of equity interests in Paramount will total 49.5% and will not result in a transfer of control

    By

    Lucas Manfredi
    April 27, 2026 @ 1:22 PM
    Deals & M&A
    1:22 PM
    Paramount Asks FCC to Approve Middle East Investment in Warner Bros. Merger
  • iHeartMedia in Talks to Merge With SiriusXM

    The combination, facilitated by Irving Azoff, would create a satellite and terrestrial radio giant with some of the biggest names in the podcast world

    By

    Roger Cheng
    April 24, 2026 @ 1:02 PM
    Deals & M&A
    1:02 PM
    iHeartMedia in Talks to Merge With SiriusXM
  • WBD Shareholder Vote Shows ‘Cracks in Their Armor’ Over Paramount, Block the Merger Group Says: ‘Not a Done Deal’

    The Future Film Coalition’s open letter topped 4,000 industry signatures Thursday, including Robert De Niro and Sofia Coppola

    By

    Benjamin Lindsay
    April 23, 2026 @ 3:35 PM
    Deals & M&A
    3:35 PM
    WBD Shareholder Vote Shows ‘Cracks in Their Armor’ Over Paramount, Block the Merger Group Says: ‘Not a Done Deal’
  • Warner Bros. Shareholders Sign Off on $110 Billion Paramount Deal. Now the Fight Begins | Analysis

    The deal must still make its way through regulators in the U.S. and overseas, with state attorneys general weighing legal action

    By

    Lucas Manfredi
    April 23, 2026 @ 1:25 PM

    Pro Available to WrapPRO members

    Business
    1:25 PM
    Warner Bros. Shareholders Sign Off on $110 Billion Paramount Deal. Now the Fight Begins | Analysis

    Pro Available to WrapPRO members

  • Jane Fonda Committee Condemns WBD Merger Shareholder Approval: ‘This Fight Is Far From Over’

    “A handful of powerful decision-makers should not be allowed to quietly reshape American media, culture and creative life without accountability,” the Committee for the First Amendment says

    By

    JD Knapp
    April 23, 2026 @ 7:23 AM
    Deals & M&A
    7:23 AM
    Jane Fonda Committee Condemns WBD Merger Shareholder Approval: ‘This Fight Is Far From Over’
  • Warner Bros. Shareholders Approve Paramount Merger

    The $110 billion deal, which is expected to close by the third quarter, remains subject to regulatory approval

    By

    Lucas Manfredi
    April 23, 2026 @ 7:13 AM
    Deals & M&A
    7:13 AM
    Warner Bros. Shareholders Approve Paramount Merger
  • Film and TV Workers Hold ‘Block the Merger’ Rally at Warner Bros. Ahead of Shareholder Vote

    Jane Fonda’s Committee for the First Amendment protests the WBD-Paramount merger at the New York headquarters as the list of entertainment industry signatories crosses 4,000

    By

    JD Knapp
    April 23, 2026 @ 6:57 AM
    Deals & M&A
    6:57 AM
    Film and TV Workers Hold ‘Block the Merger’ Rally at Warner Bros. Ahead of Shareholder Vote
  • Mamdani Urges Warner Bros. Shareholders to Vote ‘No’ on Paramount Merger: ‘Thousands of Jobs at Risk’

    “This merger is bad for New Yorkers three times over,” the New York City mayor says

    By

    Adam Chitwood
    April 23, 2026 @ 6:28 AM
    Business
    6:28 AM
    Mamdani Urges Warner Bros. Shareholders to Vote ‘No’ on Paramount Merger: ‘Thousands of Jobs at Risk’
  • Jane Fonda Imagines CNN’s Future of Suppression and On-Air Lies Under Paramount: ‘Pete Hegseth’s Dream’ | Video

    Harry Hamlin, Natalie Morales and Mary Elizabeth Ellis co-star in a new political sketch from the Committee for the First Amendment

    By

    Alex Welch
    April 20, 2026 @ 11:00 AM
    Journalism
    11:00 AM
    Jane Fonda Imagines CNN’s Future of Suppression and On-Air Lies Under Paramount: ‘Pete Hegseth’s Dream’ | Video
  • Nexstar-Tegna Merger Put on Ice by Federal Judge, Bolstering Antitrust Concerns

    U.S. District Judge Troy Nunley issued a preliminary injunction on the transaction Friday, freezing further integration as the case moves forward

    By

    Lucas Manfredi and Alyssa Ray
    April 17, 2026 @ 6:17 PM
    Deals & M&A
    6:17 PM
    Nexstar-Tegna Merger Put on Ice by Federal Judge, Bolstering Antitrust Concerns
  • Netflix Stock Tumbles 9% on Weaker Than Expected Earnings Forecast

    The streamer maintained its 2026 guidance despite a surprise price increase in the U.S. and the collapse of its $83 billion Warner Bros. deal

    By

    Lucas Manfredi
    April 17, 2026 @ 8:36 AM
    Business
    8:36 AM
    Netflix Stock Tumbles 9% on Weaker Than Expected Earnings Forecast
  • Ted Sarandos Says Warner Bros. Bidding War Built Netflix’s ‘M&A Muscle’

    “If there’s any emotion in all of this, it was the disappointment of not getting to work with those folks,” the Netflix CEO says

    By

    Tess Patton
    April 16, 2026 @ 2:05 PM
    Business
    2:05 PM
    Ted Sarandos Says Warner Bros. Bidding War Built Netflix’s ‘M&A Muscle’
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