Archive snapshot · Biz
Fri, Oct 9, 10:16 PM ET
David Zaslav collects $606 million payout from Paramount-Warner Bros. Discovery merger
The payout stems from Warner Bros. Discovery's sale to Paramount Skydance, which closed the largest cash acquisition in Hollywood history.
Variety · +7 outlets
Netflix reportedly preparing to cut about 5% of its global workforce
The restructuring would come as Wall Street pressure mounts over the streaming giant's growth trajectory.
Netflix Junkie · +14 outlets
Netflix receives $2.8 billion breakup fee after Paramount Skydance wins Warner Bros. bidding
The fee is part of the $110 billion deal that ended a bidding war for Warner Bros. Discovery.
Foreign Policy Journal · +14 outlets
Skydance CEO David Ellison says combined company is 'positioned to win in every single vertical'
Ellison's comments came after Q2 results beat estimates and the company raised its 2026 outlook while standing by the $110 billion Warner Bros. deal.
CNBC · +14 outlets
Skydance faces $80 billion debt question after closing $110 billion Warner Bros. deal
The combined company carries substantial leverage as it absorbs HBO Max, CNN and Warner Bros. assets.
Yahoo Finance · +14 outlets
Crazy Rich Asians sequel to be adapted as HBO Max series
The film franchise, a hit in 2018, is being redeveloped as a streaming series, with fans questioning the return of a lead actor.
USA Today · +12 outlets
Drishyam 3 crosses Rs 250 crore in India and Rs 400 crore worldwide by day 8
The Ajay Devgn film has become one of his highest-grossing titles, surpassing the lifetime haul of Drishyam 2 in its first week.
DNA India · +14 outlets
Nasdaq adds Moderna to the Nasdaq-100 index
The index addition follows a period in which Moderna's shares had declined sharply from pandemic-era highs.
KuCoin · +13 outlets
Academy and AEG strike deal to move the Oscars to L.A. LIVE starting in 2029
The move ends the ceremony's long run at the Dolby Theatre and shifts it to the AEG-owned complex.
TicketNews · +14 outlets
Skydance UK's Channel 5 profit falls by two-thirds amid streaming investment and ad slump
The profit hit reflects rising streaming costs and weak advertising revenue at the UK network now under Skydance ownership.
Yahoo Finance UK · +4 outlets
Netflix's $2.8 billion breakup fee complicates its cash-flow narrative
Analysts are weighing how the one-time windfall from the Paramount Skydance deal affects Netflix's reported cash generation.
Yahoo Finance · +5 outlets
Xbox re-enters film and TV production with new 'XP' content venture
Microsoft's gaming unit is reviving content production ambitions through a new studio banner.
Media Play News · +1 outlets
Ridley Scott sci-fi epic exits 3,330 theaters as one of the year's biggest box office flops
The wide theatrical drop-off marks a major commercial disappointment for the director's big-budget release.
MovieWeb · +1 outlets
Hollywood's history of failed mergers frames Skydance's road ahead
The analysis examines past deal missteps as David Ellison integrates Warner Bros. Discovery assets.
Los Angeles Times · +1 outlets
Baththa box office: Vijay Sethupathi film earns Rs 15.42 crore India net by day 8
The film showed slight growth heading into its second weekend.
The Times of India · +4 outlets
Screen Gems' YouTuber pivot signals creators' growing role in Hollywood
The studio's move toward creator-driven projects reflects shifting economics in film and TV production.
TheWrap · +1 outlets
Fantasy sequel to a cult classic leaves 2,100 theaters after box office disappointment
The sequel's theatrical run is winding down after failing to draw audiences.
MovieWeb · +1 outlets
Skydance names Jay Askinasi to lead ad sales, David Decker to oversee content sales
The appointments fill out the combined company's commercial leadership after the Warner Bros. acquisition.
TheWrap · +1 outlets

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