Film Studios
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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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FCC Approves Paramount-Warner Bros. Merger Foreign Investment
Foreign investors will own 49.5% of the non-voting equity in Paramount, with 38.5% of that total controlled by three Middle Eastern sovereign wealth funds
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Paramount Preps California Exit Amid State AGs’ Warner Bros. Merger Battle
The David Ellison-led media giant has informed AG Rob Bonta and Los Angeles Mayor Karen Bass’ offices of the plans
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What’s Warner Bros. Discovery’s Path Forward if the Paramount Deal Collapses?
Experts warned TheWrap there may be “serious cuts on the table” for the David Zaslav-led media giant if it chooses to continue to go it alone as is
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Deals & M&A
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Paramount and Rob Bonta Finalize Dates for Merger Lawsuit Settlement Talks
The discussions come ahead of a March antitrust trial over the $110 billion Warner Bros. Discovery merger
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Trump’s DOJ Says States Should Pay Paramount’s $1.88 Billion Bond
The Department of Justice filed a statement of interest on Tuesday as 12 state AGs’ lawsuit continues to delay Paramount’s WBD merger
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Block the Merger Coalition to Launch Billboards in New York City, California
The billboards are paid for by the More Perfect Union Foundation
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Paramount, California AG Rob Bonta to Hold Warner Bros. Merger Lawsuit Settlement Conference in Late October
Both sides must provide the court with specific dates for a two-day settlement conference by Tuesday
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NBCUniversal’s Matt Strauss Says Comcast Split Will Offer ‘More Flexibility to Move Quicker’
He added that Sky’s inclusion in the independent company’s portfolio would allow it to be more opportunistic in expanding its reach globally
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Paramount-Warner Bros. Merger: Supreme Court Asks for State AG Response to Iowa, Montana Objection by Sept. 25
Brenna Bird and Austin Knudsen previously asked the court to block the “politicized” lawsuit against the pending $110 billion deal
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Sony Pictures CEO Ravi Ahuja Says No Plans for ‘Extremely Disruptive’ Large Scale M&A
“In the end, you come out having just achieved a lot of cost synergy and I’m not sure the business is necessarily stronger,” the executive tells a Bank of America investor conference
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New Apple CEO John Ternus Eyes $58 Million Pay Package After Succeeding Tim Cook
Cook, who moves to an executive chair role, is eligible for a $47 million compensation package
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State AGs, WGA Ask Court to Deny Paramount’s $1.9 Billion Bond Request for Ticking Fees
The group says the David Ellison-led media giant “wishes to offload its responsibility” that it voluntarily imposed on itself
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Mark Ruffalo Receives Support From 170 Jewish Artists After ‘Outrageous Smear Campaign’ of Antisemitism
“Enough! Enough with the false and dangerous weaponization of charges of antisemitism,” their open letter reads in response to Paramount’s comments
