Film Studios
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Ynon Kreiz to Serve as Co-CEO of Combined Paramount-Warner Bros.
Conde Nast CEO Roger Lynch is succeeding Kreiz as chairman and CEO of the toymaker
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Black Bear Adds Former Paramount Content Licensing Chief Dan Cohen as TV Distribution Head
The studio is also launching a digital networks division to help indie content owners monetize across FAST, AVOD and multicast networks
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Disney Layoffs: A Few Hundred Workers Cut in Tech, HR
The cuts largely spared the company’s film and TV operations
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Paramount, State AGs Brush Off Warner Bros. Merger Settlement Concerns, Say Deal Is ‘Reasonable Compromise’ Negotiated at ‘Arm’s Length’
The comments come in response to criticism outlined in a letter from Sen. Corey Booker
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Judge Holds Off on Paramount-Warner Bros. Merger Settlement Ruling
Araceli Martínez-Olguín ordered the parties to respond to concerns from Sen. Cory Booker by Monday
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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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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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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
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David Ellison Says Paramount Headquarters Won’t Leave LA: ‘We Aren’t Going Anywhere’
The executive assures in a follow-up statement to Monday’s settlement news that he’s “eager to get to work building a stronger Hollywood”
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David Ellison’s Growing Media Empire: From CNN and HBO to ‘Harry Potter’ — and TikTok
The Paramount-WBD merger will put CBS, CNN, HBO Max, Warner Bros. and more under one roof, while Larry Ellison’s Oracle holds a 15% stake in TikTok’s U.S. venture
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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
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David Ellison Says Paramount-WBD Merger Expected to Close in 2 Weeks
“There’s still work ahead to get this deal across the finish line, but we’re excited to bring these two iconic companies together,” the CEO shares in a memo to staff
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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
