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Warner Bros. Discovery Q2 Profit Slumps on NBA Ads, Movie Schedule, Write-Downs

Warner Bros. Discovery has a great story to tell about its streaming business –if only its other operations didn’t get in the way. The parent of HBO, TNT and the Warner Bros. movie studio said net income in the second quarter fell significantly as growth at its new-tech streaming operations was more than offset by […]

Warner Bros. Discovery Q2 Profit Slumps on NBA Ads, Movie Schedule, Write-Downs

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Rob Bonta, Facing Skeptics, Defends ‘Very Strong’ Paramount Deal الترفيه

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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 الترفيه

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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