Paramount completes $110B Warner Bros. Discovery takeover, creating Skydance Corp.
The historic merger folds Warner Bros. Discovery's 28-plus brands into a single company valued around $111 billion, reshaping Hollywood's studio landscape.
The Hollywood Reporter · +14 outlets
Skydance to combine HBO Max and Paramount+ into a single streaming service
The merged company plans to consolidate its two flagship streaming platforms, a major structural change for the direct-to-consumer market.
Engadget · +14 outlets
Disney-FCC fight moves to the courts as Disney says US seeks to censor ABC
Disney's legal challenge tests the limits of presidential pressure on broadcasters after disputes over ABC's broadcasts.
Maryland Daily Record · +13 outlets
Skydance signals layoffs as Paramount-Warner Bros. Discovery merger closes
Leadership acknowledged coming job cuts across the combined company, with the merger expected to create significant cost-saving redundancies.
People Matters · +14 outlets
David Ellison denies politicizing Skydance, vows to outspend Disney and Netflix
The Skydance chief addressed his company's close Trump ties and outlined aggressive content-spending ambitions in leaked town hall audio.
Cosmic Book News · +3 outlets
Disney+ to stream Super Bowl LXI alongside ESPN and ABC
Disney's flagship streaming service joins the NFL broadcast, part of CEO Josh D'Amaro's push to make Disney+ the company's digital centerpiece.
The Hollywood Reporter · +14 outlets
Disney and TikTok strike deal letting creators use Disney characters in videos
The partnership opens Disney's IP to TikTok creators, a notable tie-up between a legacy studio and a social platform.
Reuters · +9 outlets
Fox News turns 30 with an eye on a post-cable future
The network marks its anniversary as a large share of its business shifts beyond the cable medium that built it.
Mediaite · +2 outlets
Skydance board adds former Activision Blizzard CEO Bobby Kotick
The gaming executive joins the board of the newly formed Skydance, bringing entertainment and gaming dealmaking experience.
Gagadget.com · +7 outlets
Dick Clark's New Year's Rockin' Eve to simulcast on ABC and Disney+ for first time
The New Year's Eve special adds a Disney+ simulcast as the company expands streaming distribution of its live events.
Thewrap · +12 outlets
Press Gazette tracks 2026 journalism job cuts at Guardian, Future, BBC Sport, Reach
A rolling tally documents continuing redundancies across major UK news organizations.
Pressgazette · +3 outlets
Egyptian authorities arrest entire Matsadaash newsroom on terrorism charges
The mass arrest of journalists raises fresh press-freedom concerns in Egypt.
ipi.media · +5 outlets
Pixar, Lionsgate and Paramount among 35 films awarded California tax credits
The productions will spend roughly $635.3 million across 1,049 shoot days, with $226.1 million in credits awarded.
The Hollywood Reporter · +3 outlets
Saudi Arabia selects 'A Matter of Life and Death' for Oscars international feature race
Anas Ba Tahaf's romantic black comedy becomes the kingdom's official submission for the 99th Academy Awards.
Variety · +3 outlets
Report: firms backed by Trump's sons scored over $6B in Pentagon contracts
An ABC News investigation found companies backed by Donald Trump Jr. and Eric Trump received over $6 billion in government business after their investments.
Mediaite · +1 outlets
New York Post publisher Sean Giancola steps down after more than a decade
The departure marks a leadership change at the News Corp tabloid.
New York Post · +14 outlets
Casting Society unveils Artios Awards non-film nominations
Netflix led with 14 nominations, followed by HBO Max with nine, in awards honoring casting across TV, theater, commercials and short films.
Deadline · +2 outlets
Japanese publishers reportedly outraged over bulk book sales to AI developer Anthropic
A domestic company admitted selling large volumes of books to the AI firm, raising copyright concerns in Japan's publishing sector.
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