Paramount Skydance closes $110B Warner Bros. Discovery takeover as judge halts merger and legal fight drags on
The deal creating the Paramount Skydance-Warner Bros. combination is being contested in court, with Paramount sweetening its bid to $30 per share as investors a
Stocktwits · +14 outlets
Netflix plans to cut about 5% of its workforce, roughly 850 jobs, ahead of Q3 earnings
The reported restructuring comes as co-CEO Ted Sarandos has acknowledged slowing growth and Wall Street pressure on the streaming leader.
Adgully.com · +14 outlets
David Zaslav to collect about $606 million from Warner Bros. Discovery sale to Paramount
The payout for the outgoing CEO is part of a roughly $1.1 billion windfall for top WBD executives tied to the Skydance deal.
Quartz · +13 outlets
Drishyam 3 tops Rs 400 crore worldwide in eight days, becomes Ajay Devgn's second-highest grosser
The Ajay Devgn and Tabu thriller is outpacing the lifetime haul of Drishyam 2 and breaking records for the actor's career.
Bhaskar English · +14 outlets
US investors reportedly eye Warner Bros. assets as Paramount takeover faces prolonged legal fight
Buyers are circling individual WBD properties while the merger remains tied up in litigation.
Stocktwits · +3 outlets
PSKY beats Q2 estimates and raises 2026 outlook as CEO stands firm on $110B WBD deal, but stock slips after hours
Paramount Skydance reported better-than-expected results and reiterated its commitment to the Warner Bros. Discovery acquisition despite the legal challenge.
Stocktwits · +9 outlets
Skydance CEO promises wins across Paramount-Warner but faces pressure to cut debt to 3x leverage
David Ellison's team is pitching synergies from the combined company while addressing balance-sheet concerns after the large cash deal.
Bitget · +7 outlets
Warner Bros. India layoffs to hit top executives first after Paramount takeover
Cuts at the India unit are reportedly starting at the senior level as integration of the two companies begins.
StoryBoard 18 · +9 outlets
Skydance UK network Channel 5's profit drops by two-thirds to £215m payment to Paramount amid streaming costs and ad slump
The British broadcaster's financial hit reflects rising streaming investment and weaker advertising across the UK market.
Yahoo Finance UK · +5 outlets
Hollywood's history of failed mergers sets a rocky road for David Ellison and Skydance
The LA Times examines past entertainment consolidations that struggled to deliver promised synergies.
Los Angeles Times · +6 outlets
Netflix $2.8B windfall complicates its cash-flow story
A one-time gain is raising questions about the sustainability of Netflix's reported cash generation.
Yahoo Finance · +1 outlets
Bill Ackman says Netflix has effectively won the streaming wars after his 2022 loss
The investor's renewed interest in Netflix follows a bruising reversal on the stock three years ago.
Stocktwits · +14 outlets
Netflix trades near a two-year low as analysts debate whether it is a buy
Coverage splits on whether the streaming leader's pullback represents value or reflects deeper growth concerns.
The Globe and Mail · +14 outlets
Gary Black flags Warner Bros. deal uncertainty as an overhang on Netflix stock
The investor concerns tie Netflix's outlook to the shifting competitive landscape created by the Paramount-WBD combination.
Stocktwits
Mattel taps a Warner Bros. executive to lead its dolls business, including Barbie
The hire places a Hollywood executive atop Mattel's flagship doll franchise.
Yahoo Finance UK · +9 outlets
Xiaolin's Take: How David Ellison leveraged a 3% stake to take over Hollywood's largest cash acquisition
The analysis details how a small holding translated into control of the $110.9 billion cash deal.
BigGo Finance · +1 outlets
EU and China strike interim trade deal that could cut Chinese hybrid exports, EU envoy says
The interim pact could reshape auto trade flows between the two blocs amid ongoing tariff tensions.
Audacy
Practical Magic 2 shifts to streaming after improving on the original film's box office
The sequel moves to home viewing this week following a better theatrical run than its predecessor.
Forbes · +1 outlets