David Ellison closes $110B Paramount-Warner Bros. Discovery takeover; combined entity to be named Skydance
The Paramount-WBD combination clears its final hurdle and will operate under the Skydance name, with the Ellison-led team now tasked with delivering on the deal
Yahoo Finance · +14 outlets
David Ellison names Mattel's Ynon Kreiz co-CEO to help run the Paramount-Warner Bros. empire
Kreiz, who ran Mattel through its Barbie-driven turnaround, joins the merged company's leadership as integration begins.
Tekedia · +10 outlets
'Avengers: Endgame' reclaims all-time global box office record from 'Avatar' after reissue
An 'Encore' re-release pushes the 2019 Marvel film back past 'Avatar' to the top of the global chart, with coverage noting the margin is roughly $2 million.
Forbes · +13 outlets
Paramount completes $52B debt offering to fund the Warner Bros. Discovery acquisition
The bond sale underscores how much leverage the merged company will carry and the rising cost of corporate borrowing facing Ellison's group.
GuruFocus · +4 outlets
Tom Cruise's 'Digger' opens to about $8M domestic, his worst debut in 19 years
Warner Bros.' final release before the merger is a costly miss, with the studio's Verity taking the top spot in the same weekend.
Mashable · +14 outlets
UK competition watchdog opens investigation into Paramount's $110B Warner Bros. Discovery deal
British regulators are reviewing the merger for competition concerns, adding a jurisdiction to the approval process alongside the U.S.
Stocktwits · +7 outlets
Warner Bros. film chiefs Michael De Luca and Pam Abdy to exit after merger
The leadership change follows the Skydance takeover and comes as the studio's 'Digger' flops in its last pre-merger release.
Hiru News · +13 outlets
'Verity' tops weekend box office with roughly $32M-$33M debut
The new release leads a soft frame while 'Digger' collapses, giving the weekend its clear winner.
Variety · +6 outlets
Netflix lands Disney library deal as Wall Street weighs slowing growth
The licensing arrangement lands as analysts debate Netflix's momentum and YouTube's rising competition for TV viewing time.
AD HOC NEWS · +4 outlets
'Spider-Man: Brand New Day' hits streaming October 6, with an extended cut reportedly in the works
The Marvel title moves to digital while still in release, a pattern that has reshaped theatrical windows across the industry.
Forbes · +13 outlets
'Barbie 2' looks increasingly likely as Skydance targets a sequel
Reports suggest the sequel stalled over costs may move forward under the new Paramount-Warner Bros. ownership.
The Express Tribune · +3 outlets
Netflix co-CEO says growth is too slow as YouTube encroaches on TV time
Leadership acknowledges elevated competition for viewer attention as the streaming market matures.
finance.biggo.com
Paramount-Warner Bros. deal would create a new theme park power player
Combining the studios' IP portfolios could expand licensing and parks revenue, an area outside the core streaming debate.
Forbes · +14 outlets
'Digger' reaches about $20M globally in a weak worldwide opening
International returns do little to offset the domestic miss for the Tom Cruise-led film.
TheWrap · +8 outlets
Analysts flag Larry Ellison's risk exposure from Paramount and Oracle debt loads
The financing behind the Paramount deal adds to scrutiny of balance sheets tied to Ellison-controlled companies.
Yahoo Finance · +3 outlets
'Drishyam 3: The Conclusion' crosses Rs 175 crore in India over opening weekend
The Ajay Devgn-led thriller posts a strong India run, outpacing recent local releases in the same window.
Hindustan Times · +13 outlets
Warren Buffett says Berkshire's tax bill nears $27B and the rich still don't pay enough
The investor contrasted his $7 tax bill at age 14 with the conglomerate's current liability in a commentary on tax policy.
fortune.com
Academy and AEG strike deal to move the Oscars to L.A. LIVE starting in 2029
The agreement shifts the ceremony's venue and is a significant long-term booking for AEG's downtown Los Angeles complex.
TicketNews