Film Studios
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Inside Wonder Project’s Plan to Super Serve the ‘Faith and Values’ Audience
Office with a View: CEO Kelly Merryman Hoogstraten tells TheWrap about the company’s efforts to build franchises and leverage hybrid filmmaking through its Innovative Dreams division
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Business
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Paramount Submits Concessions to Secure WB Merger Approval in Europe
The European Commission has extended the deadline of its review from July 7 to July 22
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Comcast Credit Rating Under Review for Potential Downgrade Amid Planned NBCUniversal Split
Moody’s warns that the “negative secular pressures” of its broadband-focused Connectivity and Platforms unit are “heightening overall business risks”
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Paramount Meets With European Commission to Secure Warner Bros. Merger Approval
The Financial Times reports that the regulator and media giant are discussing remedies to clear the $110 billion deal
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Paramount Taps Nicole Lang, Sheldon Kasdan to Lead Industrial Relations Division
The pair will focus on maintaining strong, constructive partnerships with guilds, unions and industry professionals
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Senators Urge FCC to Prevent Paramount-WB Merger From Closing During Pending Foreign Ownership Review
Foreign investors would control 49.5% of the combined company’s equity
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LA County Warns Paramount-Warner Bros. Merger Puts Nearly 2,500 Local Jobs at Risk
The interim analysis by the Department of Economic Opportunity puts the global impact estimate at roughly 6,000 jobs across areas including corporate, tech and real estate
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How Brad Bird’s ‘Ray Gunn’ Became a Hot Potato Between 2 Warring Studios | Exclusive
Despite an internal push to get the animated Netflix movie in theaters, David Fincher’s “Once Upon a Time in Hollywood” sequel will instead get the Imax treatment
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Movies
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Netflix Isn’t Interested in Lionsgate Despite Takeover Speculation
Shares of the Hollywood studio jumped 13% after Semafor reported the streamer was interested in a potential acquisition
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Freedom of the Press Foundation Accuses Paramount of Blocking Ad Critical of Warner Bros. Merger
The ad, which also takes aim at the Ellison family and President Donald Trump, would have run during the UFC’s Freedom 250 event on Paramount+
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How the Paramount-Warner Bros. Merger Became Political Dynamite | Analysis
Between fear over the right’s consolidation of news to allegations of antisemitism, politics have taken center stage in this deal
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Deals & M&A
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DOJ’s Clearance of Paramount-WBD Merger Surprised Staff Investigators | Report
The Wall Street Journal reports that a group of career lawyers were due to recommend a lawsuit to challenge the $110 billion merger
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Jane Fonda Protests Paramount-Warner Bros. Merger: ‘A Direct Attack on Free Speech’
“I have a personal stake in CNN. I don’t want to see it go that way,” the Oscar winner says, referencing the late Ted Turner
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Justice Department Clears Paramount-Warner Bros. Merger
The regulator determined that the $110 billion deal is “not likely to result in harm to competition or American consumers”
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What’s the Future of Dave Filoni’s ‘Star Wars’?
“The Mandalorian and Grogu” fell below expectations. Where does the galaxy go from here?
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Movies
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