Archive snapshot · Biz
Sun, Jun 14, 9:19 PM ET
DOJ clears $110B Paramount-Warner Bros. merger after regulatory review
The U.S. Department of Justice has approved Paramount's $110 billion acquisition of Warner Bros. Discovery, clearing the major media consolidation to proceed de
TechStock² · +15 outlets
'Obsession' becomes highest-grossing film festival acquisition; crosses $200M globally
The horror film 'Obsession' has surpassed $200M at the global box office and set a record as the highest-grossing film festival acquisition, surpassing previous
Forbes · +13 outlets
'Michael' Jackson biopic becomes highest-grossing music biopic of all time
The Michael Jackson biopic 'Michael' has broken the record for highest-grossing music biopic, surpassing 'Bohemian Rhapsody,' while also setting multiple other
IMDb · +14 outlets
'Disclosure Day' opens with $19M as Spielberg's biggest original film premiere
Steven Spielberg's original sci-fi film 'Disclosure Day' opened with $19 million, marking the largest opening for an original Spielberg film ever released.
Rotten Tomatoes · +7 outlets
Netflix ad tier reaches 250M users; launching AI animation studio
Netflix's advertising tier has surpassed 250 million users, and the company is establishing an in-house AI animation studio to reduce production costs.
TradingKey
Project Hail Mary reaches $678M globally; arriving on MGM+ June 18
Amazon MGM's sci-fi film 'Project Hail Mary' has reached $678 million globally and is transitioning to streaming on MGM+ on June 18 after three months in theate
The Eastern Herald · +1 outlets
Disney's Q2 financials show cost discipline driving margin recovery toward $128 target
Disney's second-quarter results reflect strong operational expense management, with margin improvement tracking toward a $128 price target.
TIKR.com
'The Backrooms' on track to break A24 box office record
The YouTube-based horror film 'The Backrooms' is tracking to break A24's previous box office records as it continues its theatrical run.
Comic Basics · +14 outlets
Saudi Arabia's PIF may invest $10B into Paramount-Warner Bros. deal structure
Reports suggest Saudi Arabia's Public Investment Fund could inject up to $10 billion into the Paramount-Warner Bros. merger, potentially addressing financing.
Stocktwits · +3 outlets
'Masters of the Universe' suffers historic second-weekend drop; tracking as major bomb
The 'Masters of the Universe' film experienced a steep second-weekend decline and is now tracking to become one of the year's biggest box office bombs.
Comic Basics · +3 outlets
Disney's $3.3B franchise dominates Disney+ streaming chart with upcoming sequel
A major Disney franchise worth $3.3 billion is leading Disney+ viewing charts, with a sequel in development.
IMDb · +1 outlets
Nvidia stock faces wild swings as short interest exceeds $50B post-earnings
NVDA traders are bracing for significant volatility as short positions exceed $50 billion ahead of earnings results.
Stocktwits
UK competition watchdog opens investigation into $110B Paramount-Warner Bros. deal
The UK's competition authority has launched a formal investigation into the Paramount-Warner Bros. merger even after U.S. DOJ approval.
Stocktwits · +7 outlets
'The Mandalorian & Grogu' suffers franchise's worst box office performance
The Star Wars spinoff 'The Mandalorian & Grogu' has underperformed significantly at the box office, marking the franchise's biggest theatrical disappointment.
Comic Basics · +14 outlets
Reed Hastings sells $71M in Netflix stock in two months; exits board
Netflix co-founder Reed Hastings has sold $71 million in NFLX stock over two months, reducing his direct holdings by 99%, and stepped down from the board.
radiotandil.com
Roku stock surges 20% on renewed Comcast acquisition speculation
Roku shares jumped sharply amid reports that Comcast may be considering a renewed bid to acquire the streaming platform.
The Eastern Herald
'Mortal Kombat 2' heads to streaming after disappointing theatrical run
The sequel 'Mortal Kombat 2' is already transitioning to streaming following a weak box office performance in theaters.
Comic Basics · +2 outlets
Bernie Sanders opposes Paramount-Warner Bros. merger; Warren renews concerns
Progressive lawmakers including Bernie Sanders and Elizabeth Warren have voiced opposition to the media consolidation deal despite DOJ approval.
Benzinga · +1 outlets

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