Warner Bros. Discovery
American mass media and entertainment conglomerate
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Warner Bros. Discovery Shareholders Approve $111 Billion Paramount Deal
Warner Bros. Discovery shareholders have approved a $111 billion merger with Paramount, advancing the deal towards closure. The approval marks a significant step amid ongoing regulatory reviews that could alter the media landscape.
‘The Pitt’ Season 2 Finale Breaks Series Viewership Record with 9.7M Viewers
The second season finale of ‘The Pitt’ attracted a record 9.7 million viewers during opening weekend, making it the most-watched episode in the series. This milestone cements the show's status as a major hit on HBO Max and indicates continued audience growth.
Paramount CEO David Ellison to Host Dinner Honoring Trump Amid CNN Acquisition Review
David Ellison, CEO of Paramount Skydance, is hosting a private dinner in Washington D.C. to honor Donald Trump, as the federal government reviews Paramount's $111 billion bid to buy CNN. This event occurs amid ongoing approval processes for the major media merger.
Reed Hastings to resign as Netflix chair and board member in June
Reed Hastings announced he will resign as Netflix's chairman and from the board in June, marking a significant leadership change. This decision coincides with Netflix's recent financial setbacks, prompting industry analysts to watch the company's next moves closely.
Hollywood signs over 2,000 industry figures opposing Paramount-Warner Bros. merger
More than 2,000 Hollywood insiders, including top filmmakers and actors, have signed an open letter opposing the Paramount-Warner Bros. merger. This large-scale industry opposition could influence regulatory decisions and delay or block the deal.
HBO Max Debuts in India via JioHotstar with Popular Series and Films
HBO Max, owned by Warner Bros. Discovery, has launched in India through an exclusive partnership with JioHotstar, offering a vast library of Warner Bros.' content. The platform debuts with popular series and film content, marking the company's first entry into the Indian market.
Trump presses Netflix to fire Susan Rice as Warner Bros. bid unfolds
Trump calls for Netflix to fire Susan Rice as Warner Bros. Discovery’s bid unfolds, drawing wide media coverage. The story centers on political pressure rather than clear governance changes, with Netflix no public response yet.
Paramount Skydance Completes $110B Warner Bros. Merger, Reshaping Media Industry
Paramount Skydance has acquired Warner Bros. Discovery in a $110 billion deal, aiming to challenge industry leaders and consolidate media power. The merger's approval is critical for its success and the future of global streaming competition.
‘Scream 7’ Dominates Global Box Office with $97.2M Opening, Franchise Record
‘Scream 7’ debuts as the top box office hit in the UK, Ireland, and globally, with $97.2 million worldwide. The film’s success marks a new franchise record and highlights continued interest in the horror series.
Netflix's Sarandos Flags YouTube as Key EU Competitor Amid Regulatory Talks
Netflix’s Ted Sarandos warns EU regulators that YouTube is a significant competitor, not just a casual video platform. This marks Netflix’s strategic focus on Europe amid regulatory scrutiny and industry rivalry.
Disney valued at $176B as Josh D’Amaro takes helm focusing on streaming and digital expansion
Disney is now valued at $176 billion as Josh D’Amaro takes over as CEO following Bob Iger's departure. The company aims to accelerate digital growth, especially through Disney+, amid evolving market challenges.
Paramount shares soar 11% as $24 billion Middle East funds confirm support for WBD takeover
Paramount's stock rose 11% after the confirmation of a $24 billion investment from Middle Eastern funds supporting its Warner Bros. Discovery acquisition. This development reinforces the deal's momentum and could impact regulatory proceedings.
CBS News Shuts 100-Year-Old Radio, Cuts 6% of Workforce Amid Restructuring
CBS News is shutting down its nearly century-old CBS Radio network and laying off about 6% of its staff amid a broader restructuring following its acquisition by Larry Ellison. These developments mark a significant change in traditional media operations, impacting the company's historic media presence and workforce.
David Ellison Supports Warner Bros-Paramount Deal Amid Industry Risks
David Ellison publicly supports the Warner Bros-Paramount merger, asserting it will strengthen Hollywood. Critics warn that the deal's risks could lead to layoffs, higher prices, and industry destabilization, amid investigations into foreign funding.
Los Angeles County Approves Study on Paramount-Warner Bros. Discovery Merger Impact
Los Angeles County has authorized a detailed review of how the Paramount and Warner Bros. Discovery merger might affect jobs in the entertainment sector. The findings will guide local industry and economic strategies as negotiations continue.
Warner Bros. Discovery Sets April 23 Shareholder Vote on $111B Paramount Skydance Deal
Warner Bros. Discovery announced a shareholder meeting on April 23, 2026, to decide on its $111 billion merger with Paramount Skydance. The vote is pivotal for advancing the acquisition, signaling a major industry consolidation move.
Teamsters Push DOJ to Block Paramount-Warner Bros. Merger Over Job Protections
The Teamsters are urging the DOJ to block the Paramount-Warner Bros. merger unless job protections are guaranteed. Their campaign highlights ongoing fears about the merger’s impact on workers' rights.
YouTube Overtakes Major Studios and Disney to Become World's Largest Media Player in 2025
YouTube has surpassed major media studios and Disney in ad revenue in 2025, establishing itself as the new media giant. This marks a significant shift in the media landscape, indicating YouTube’s rising dominance.
Paramount CEO David Ellison Meets with Warner Bros. Execs Amid Merger Talks
Paramount CEO David Ellison recently held key meetings with Warner Bros. executives to discuss the ongoing $110 billion merger. The talks addressed cost-cutting strategies and praised HBO's dominance, marking a significant chapter in industry consolidation.
Netflix Sees Growth Potential Without WBD, Says CFO; J.P. Morgan Upgrades Netflix After WBD Deal Collapse
Netflix's CFO indicates the company can grow significantly without acquiring WBD. Meanwhile, J.P. Morgan has upgraded Netflix's stock to overweight, boosting its target price to $120 after the WBD deal fell through.