Distribution
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Is NBCUniversal Really a Buyer After Comcast Split?
TheWrap explores CEO Mike Cavanagh’s options as he takes the company independent
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Deals & M&A
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YouTube to Launch Peacock Premium Bundle in Early 2027
NBCUniversal will also bring Universal+ and Hayu to select international markets through YouTube Premium
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Paramount Agrees to Push Warner Bros. Merger as Far Back as Summer 2027
The state AGs and WGA have withdrawn their requests for a preliminary injunction as they work on a trial start date
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Peacock Finally Turns a Profit Ahead of NBCUniversal Split, But It’s Not Smooth Sailing From Here
Comcast co-CEO Mike Cavanagh warned Wall Street that the streaming service’s profitability would vary quarter to quarter, based on the timing of sports schedules and other content
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Business
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State AGs, DirecTV Accuse Nexstar of Violating Preliminary Injunction With Tegna Board Appointment
They argue that further integration would allow the combined company to “control and raise prices, fire journalists and dominate the broadcast media landscape”
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Paramount-Warner Bros. Merger Cleared by European Commission With Conditions
The approval comes as the deal was paused by a lawsuit from 12 state AGs in the U.S.
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Paramount-Warner Bros. Ticking Fee: Everything You Need to Know About the M&A Time Bomb
The ticking fee is an unusual element that applies immense timing pressure on the $110 billion merger’s closing
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Deals & M&A
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Hearst Magazines Taps Chris Berend as Chief Content and Experience Officer
The former NBCUniversal and CNN executive will lead editorial strategy, content creation and programming across platforms
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Paramount-Warner Bros. Merger Timeline: What’s Next After That Restraining Order?
A preliminary injunction hearing is set for Aug. 3
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Paramount-Warner Bros. Merger Is on Pause. Here’s What Happens Next
Judge Araceli Martínez-Olguín has set a preliminary injunction hearing for Aug. 3
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Business
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Paramount’s Makan Delrahim Slams State AG Lawsuit: ‘Weaponization of Antitrust Law’
The media giant’s chief legal officer also reveals a list of possible concessions has already been sent to California’s Rob Bonta
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AMC Entertainment Stock Surges 14% as Q2 Revenue Climbs on Box Office Rebound
The movie theater chain’s second-quarter revenue grew 14% to $1.59 billion, though it posted a widened net loss of $11.4 million
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Business
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Netflix Paid $587 Million in Cash for Ben Affleck’s AI Startup InterPositive
The figure was disclosed in a regulatory filing by the streamer on Friday
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Paramount-Warner Bros. Merger: Judge Will Rule on Temporary Restraining Order by Wednesday
State AGs argued the $110 billion deal would give the combined company more leverage over movie theaters and cable distributors, increase consumer prices and reduce content output
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Netflix Stock Extends Losses Another 8% on Weak Forecast, Shift to Fewer Engagement Updates
Despite posting second-quarter results in-line with Wall Street expectations, it was not enough to quell investors’ concerns about the company’s future growth
