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Versant Sees Q2 Profit Fall On Revenue Declines, Despite Ad-Sales Improvements

Versant Media said second-quarter net income fell by 30% as the new media company continued its efforts to add non-traditional assets to lend ballast to its linear media operations. The owner of MS NOW, CNBC and USA said net income fell to $211 million from $302 million in the year-earlier quarter, a decline of $91 […]

Versant Sees Q2 Profit Fall On Revenue Declines, Despite Ad-Sales Improvements

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Rob Bonta defended the antitrust settlement that allows Paramount to merge with Warner Bros. on Monday, saying in a 45-minute press conference that the deal includes independent monitoring and will result in more jobs in Hollywood. But the deal does not include the three words — robust structural remedies — that California’s attorney general had […]

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Paramount-Warner Bros. Settlement: What the Guilds, AGs and Activists Are Saying

After almost a year in the trenches pulling together his historic combination of Paramount Skydance and Warner Bros. Discovery, David Ellison has finally emerged victorious. On Monday, the Silicon Valley heir confirmed he’d reached a settlement with a group of state attorneys general, who sued to block the merger over antitrust concerns. The proposed merger […]

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David Ellison Says Paramount Hopes to Close Warner Bros. Deal in ‘ Approximately Two Weeks’ in Staff Memo الترفيه

David Ellison Says Paramount Hopes to Close Warner Bros. Deal in ‘ Approximately Two Weeks’ in Staff Memo

David Ellison’s endgame is in sight. Following a dramatic weekend of negotiations with a collection of state attorneys general and the WGA, the mogul’s path to combining Paramount Skydance and Warner Bros. Discovery is now clear. In a Monday address to staff, Ellison said his team’s goal is to “to close in approximately two weeks. […]

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