Distribution
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WGA Endorses Nithya Raman in Los Angeles Mayor Race
“With organized labor under attack nationally, and television and film production leaving Hollywood, L.A. must elect a mayor who is committed to supporting entertainment workers,” the union says
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Paramount to Raise $7.5 Billion in Debt to Help Fund Warner Bros. Discovery Merger
The funds will also be used to help pay down certain existing debt
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Judge Grants Block the Merger Coalition’s Motion to Oppose ‘Weak and Unenforceable’ Paramount-WB Settlement
The order comes as Judge Araceli Martinez-Olguin will address “certain outstanding questions” related to the proposed settlement during a Thursday hearing
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Netflix Stock Downgraded Over ‘Worrying’ Engagement and YouTube Competition by HSBC, Wells Fargo
Shares of the streamer are down 40% in the past year and 23% in the past six months
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Paramount-Warner Bros. Considers Asking Elon Musk for Equity Investment | Report
Musk has a close relationship with Oracle co-founder Larry Ellison, who has personally guaranteed the merger’s $47 billion in equity financing
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Disney+ and Hulu Raise Prices Again, Ad-Free Plans Top $21 Per Month
The ad-supported versions climb to $12.49 per month, while the Disney+/Hulu Premium bundle rises to $21.99 per month
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Paramount-Warner Bros. Closes in 2 Weeks: What Does That Mean for Creatives? | Analysis
While David Ellison says the combination will create jobs, Hollywood is bracing for layoffs
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Deals & M&A
Available to WrapPRO members
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Xbox Lays Off Another 268 Employees, Assigns Activision to Next ‘Halo’ Game
The latest cuts bring the Microsoft division to the roughly three-quarter mark of its ongoing restructuring initiative
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Breaking Down the Paramount-Warner Bros. Merger Settlement | Analysis
Everything you need to know about what 12 state attorneys general led by California’s Rob Bonta got out of David Ellison
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Deals & M&A
Available to WrapPRO members
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Paramount, Warner Bros. Discovery Shares Surge 10% After State AG Lawsuit Settlement
The agreement attempts to address concerns that the $110 billion merger would create a dominant force in the theatrical film and cable channel markets
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It’s a Deal: Paramount and States Settle Warner Bros. Merger Lawsuit
The agreement brings an end to months of legal back and forth between both sides
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Paramount, California AG Rob Bonta in Advanced Talks to Settle Warner Bros. Merger Lawsuit
The two sides have reportedly discussed operating the two companies’ movie studios separately for a period of time as a potential compromise
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‘NAZA’ Plans Surprise US Release
The buzzy Israel/Palestine doc will self-distribute in the coming weeks
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Disney Taps AI Vet Karandeep Anand as Chief Technology Officer
The newly created role will see Anand bringing in much of his Character.AI team to run the company’s expanding tech and AI group
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Fox CEO Lachlan Murdoch’s 2026 Pay Dips to $31 Million
The disclosure comes as the media giant’s pending $22 billion Roku acquisition is slated to close in the first half of 2027
