Distribution
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Breaking Down the Top Warner Bros. Execs’ $1.1 Billion Merger Windfall
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Business
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Netflix Planning Layoffs Targeting 5% of Its Workforce | Report
The restructuring, which could be announced as early as next week, comes as the streamer is facing concerns from Wall Street around its future growth
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What Happened to Row K? From Splashy Acquisitions to a $110,000 Opening
A year after its big TIFF 2025 debut, the indie distributor has released only two films as unpaid bills pile up
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Movies
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Paramount Global Distribution and International Head Kevin MacLellan to Exit
The executive’s departure follows the closing of the $110 billion Warner Bros. Discovery merger
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Jay Askinasi to Lead Skydance’s Ad Sales, David Decker to Oversee Content Sales
Ray Hopkins will also serve as president of distribution
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Skydance’s David Ellison, Andy Gordon, Dennis Cinelli, Makan Delrahim Get Post-Merger Pay Bumps in Contract Extensions
The four executives are also eligible for annual equity awards in 2027, which will then increase in value in 2031
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Merzigo Launches $200 Million US Content Push With Wendy McMahon | Exclusive
The former CBS News CEO is helping the digital distributor turn legacy TV libraries into new revenue on YouTube and other platforms
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Skydance Adds Laurene Powell Jobs and Bobby Kotick to Board of Directors, Tony Blair to Advise
Jobs and Kotick join Ynon Kreiz as new additions to Paramount’s existing board
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Skydance CEOs Tease ‘Aggressive’ Content Investment, ‘Difficult Decisions’ to Come in First Employee Town Hall
“We are not coming together to manage decline. We are coming together to build for growth. And we are going to be ambitious about it,” David Ellison says
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RedBird Triples Commitment in Skydance to $6 Billion
The private equity firm invests another $4 billion into the combined Paramount-Warner Bros. business
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Fitch Downgrades Paramount, Warner Bros. Discovery Credit Ratings as Merger Closes
The firm cited “materially higher leverage” after the acquisition and “significant execution and integration risks,” as well as uncertainty about achieving its $6 billion in cost savings
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Who Is Skydance’s New Co-CEO Ynon Kreiz?
The former Mattel CEO will oversee day-to-day operations and find the $6 billion in merger cost savings
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Business
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Paramount and Warner Bros. Discovery’s $110 Billion Merger Closes
The Skydance conclusion comes after months of twists and turns, including a bidding war with Netflix and a legal fight with 12 state attorneys general
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Paramount-Warner Bros. Merger: Wall Street Banks Wrap Up $52 Billion Debt Sale
The move comes as the $110 billion Skydance deal is slated to close next week
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Black Bear Head of US Distribution Benjamin Kramer to Exit
“I remain a forever fan, deeply excited and hopeful for the company’s bright future,” the former CAA division head says
