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Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

Paramount Skydance has accused Netflix of spearheading a “scorched-earth campaign to try and poison regulators and other stakeholders” against its $110 billion purchase of rival Hollywood studio Warner Bros. Discovery. In a fiery letter to the Justice Department obtained by NBC News, Paramount Skydance chief legal officer Makan Delrahim excoriated Netflix for what he called a “panic-level response” to the merger that illustrates “just how seriously Netflix takes Paramount as a scaled...

NBC News 1d ago

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...

The Guardian Business 1d ago

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...

The Guardian UK 1d ago

UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery

Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises...

The Guardian World 1d ago

Paramount’s Middle Eastern Billions in Warner Bid Gets EU Review

The Warner Bros. Studios in Burbank, California. Photographer: Ethan Swope/Bloomberg

Bloomberg Technology 12h ago

Netflix film chief says they won't work with directors who want to release movies in theaters

When Netflix announced it intended to buy Warner Bros. Pictures, there was widespread concern that the streaming service giant would permanently alter the legendary studio. While many Netflix executives, including CEO Ted Sarandos, claimed that they wouldn't make such changes, it seemed clear what their interest in Warner Bros. came to. Instead of building up the theatrical model, essentially developing and producing movies with the intent of showing them in theaters, Netflix wanted Warner...

Fox News 17h ago

Paramount Is Pulling Every Lever to Sell LBO Debt

Paramount Studios in Los Angeles, California, US, on Tuesday, Dec. 9, 2025. Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026.

Bloomberg Markets 11d ago

Will Gen Z be the generation to revive moviegoing?

Hollywood can breathe a sigh of relief: Generation Z is not only going to the movies, it's driving box office growth. During the pandemic, when theaters shut down and streaming became a dominant force in the media landscape, fears rose that this young cohort would shun the big screen as they matured into more engaged consumers. However, this generation, which ranges from around 14 to 29 years old, is one of the most active moviegoing demographics and attends more films per year than some...

CNBC 11d ago

CBS fires veteran correspondent Scott Pelley amid turmoil over direction of '60 Minutes'

CBS News has fired high-profile "60 Minutes" correspondent Scott Pelley amid debate about the direction of the show, which has been a mainstay of the network's television lineup for decades. "Your employment with CBS News is terminated for cause effective immediately," Nick Bilton, the new executive producer of "60 Minutes," wrote to Pelley in a letter seen by CNBC. It was not immediately clear when the letter was sent.

CNBC 7d ago

Who is Lobo, the cigar-smoking alien bounty hunter in 'Supergirl'?

Who is Lobo, the cigar-smoking alien bounty hunter in 'Supergirl'? Lobo, that crazy intergalactic mercenary affectionately known as "The Main Man" is rumbling into James Gunn and Peter Safran's DCU and onto the big screen this June with his first live-action feature film in director Craig Gillespie's "Supergirl" film, courtesy of the wildly charismatic Jason Momoa. We’re already predicting that Lobo will be the breakout character of "Supergirl," perhaps even eclipsing Milly Alcock’s starring...

Space.com 4d ago