Deals & M&A
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Netflix Brushes Off Warner Bros. Deal Loss, Growth Concerns as Profits, Revenue Soar in Q1
The streamer’s revenue grew 16% to $12.3 billion, boosted by higher pricing, ad revenue and subscriber growth
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Mark Ruffalo Slams Paramount-Warner Bros. Merger as Threat to ‘Democracy Itself’ at Senate Hearing: ‘Driven By Greed’
“Don’t trust that this new company will somehow make more films with less money and so much more debt,” the actor added by video call
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James Cameron Bolsters Support for Paramount-Warner Bros. Merger, Says Ellison-Run Mega-Studio ‘Doesn’t Bother Me at All’
“I’m a supporter of it, I know it’s controversial,” the filmmaker says as thousands of industry peers mount a campaign against the deal
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Media VC Deal Activity Falls by More Than Half to $50 Million in March Amid AI Uncertainty | Charts
The Funding File: Aerospace company Xona Space Systems, connected TV advertising platform Keynes and AI platform Halcyon led the month’s biggest venture capital investments
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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
