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Business

  • Paramount Shareholder Aspen Sky Trust Decries Skydance Agreement as ‘Undervalued Bid’ That Only Benefits Shari Redstone

    The firm, which owns approximately 6.57 million shares in the media conglomerate, sent a third letter of opposition Monday

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  • Disney, WBD and Fox Brace for More Congressional Scrutiny After Friday Talks Fail to ‘Satisfy Concerns’ Over Venu Sports Bundle | Exclusive

    Congressmen Jerry Nadler and Joaquin Castro are sending a follow-up letter with additional questions as early as this week, TheWrap has learned

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  • Paramount and Skydance Agree to Deal Terms as Merger Inches Closer, Shares Rise Over 7%

    The deal awaits approval from controlling shareholder Shari Redstone

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  • Skydance Offers Paramount Shareholders a $15 per Share Cash-Out Option as Deal Nears

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  • Paramount Special Committee Recommends Revised Offer From David Ellison’s Skydance Media

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  • Sony to Close TriStar TV

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  • Skydance Ups Cash Offer for Paramount and Courts Class B Stockholders in Restructured Bid

    David Ellison stages his latest attempt to woo shareholders for his production company’s acquisition

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  • Former ESPN, Turner Execs Invest in Pro Women’s Basketball League Unrivaled, Will Lead Media Rights

    Founded by WNBA stars Breanna Stewart and Napheesa Collier, the three-on-three league is set to launch in January 2025

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  • Sony Pictures Won’t Make Investments That ‘Don’t Complement’ Current Strategy Amid Paramount Talks

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  • Brian Weinstein Joins 3 Arts Entertainment as Co-CEO

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  • Amazon MGM Studios Ups Lauren Anderson to Head of Brand and Content Innovation

    A partnerships overhaul sees Christel Miller leading the new Scripted Hybrid team, the creation of a Branded & Talk group and more

    By

    Loree Seitz
    May 29, 2024 @ 11:57 AM
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    Amazon MGM Studios Ups Lauren Anderson to Head of Brand and Content Innovation
  • How the Major Streamers Stack Up in Subscribers and Revenue | Charts

    Starting in the first quarter of 2025, Netflix will no longer disclose quarterly subscriber figures or average revenue per paid member

    By

    Lucas Manfredi
    May 28, 2024 @ 6:15 AM

    Pro Available to WrapPRO members

    WrapPRO
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    How the Major Streamers Stack Up in Subscribers and Revenue | Charts

    Pro Available to WrapPRO members

  • Netflix CEO Ted Sarandos Regrets Comparing Netflix to HBO, Wishes He’d Said They Also Want to Be CBS

    “Prestige elite programming plays a very important role in culture. But it’s very small. It’s a boutique business,” he tells the New York Times

    By

    Stephanie Kaloi
    May 26, 2024 @ 1:07 PM
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    Netflix CEO Ted Sarandos Regrets Comparing Netflix to HBO, Wishes He’d Said They Also Want to Be CBS
  • Andrea Arnold’s ‘Bird’ Acquired by Mubi Out of Cannes

    The distributor adds North American rights for the Barry Keoghan and Franz Rogowski to prior U.K. and Ireland acquisition

    By

    Mike Roe
    May 26, 2024 @ 9:45 AM
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