David Ellison is consolidating Paramount and Warner Bros. Discovery under the Skydance name, with the combined studio set to control a large film and TV library

Warner Bros.' final release before its merger, the Tom Cruise film Digger, is tracking toward one of the year's biggest box office flops while Verity leads the

The departure of Warner Bros. motion picture leadership clears the way for Paramount executives to run the combined film unit.

Leadership appointments signal how Ellison plans to structure the merged studio's film and TV operations.

Regulatory approval moves the megamerger closer to completion despite a reported state lawsuit threat in the US.

Reports of a multistate challenge sent WBD and PSKY shares toward their worst day since December.

Netflix is leaning on live TV programming as it faces intensifying competition for viewing time from YouTube.

The decline reflects investor concern about slowing growth and mounting competition in streaming.

The warrant structure is part of the financing package backing the $110 billion Warner acquisition.

The licensing arrangement adds Disney content to Netflix while investors focus on growth trends.

The sequel had reportedly stalled over costs, but the incoming Skydance leadership is said to be revisiting it.

The rerelease is closing in on historic box office thresholds and a possible pass of Avatar.

The franchise roster highlights the scale of the library that Skydance will control after the merger.

The Marvel blockbuster's digital release comes with reports of an extended version in the works.

The leadership change comes as Mattel navigates its entertainment and toy business strategy.

Ackman's renewed interest comes as Netflix weighs a studio acquisition bid.

Index removal follows the merger-driven reshuffling of Warner Bros. Discovery's listing.

The decline reflects continued weakness in the key China market.