In April, five streaming subscribers filed a federal lawsuit seeking to block Paramount Skydanceβs $111 billion deal to swallow up Warner Bros. Discovery on antitrust grounds. Paramount on Thursday (June 3) filed a motion with the court seeking to have the case dismissed, arguing that the plaintiffsβ allegations that the merger violates antitrust laws βdo [β¦]
Stockholders expressed deep dissatisfaction with the 2025 compensation package of Warner Bros. Discoveryβs chief executive David Zaslav in a non-binding vote at the companyβs annual meeting this week. In an SEC filing Friday, the company said 84.3% of votes cast in the yearly say-on-pay tally were against the package, meaning just 15.7% supported it. Thatβs [β¦]
Gerhard Zeiler, the President of international at Warner Bros. Discovery (WBD), has called on big players to βget rid of an exclusivity mindsetβ when it comes to content. Zeiler appeared to suggest WBD will better leverage YouTube in the future, meeting audiences, especially younger, βwhere they are.β Zeiler noted that WBD has six-month exclusivity on [β¦]
Steve Toussaint, Tom Glynn-Carney, Harry Collett, Bethany Antonia and Phoebe Campbell hit the Taormina Film Festival on Wednesday night for an atmospheric preview of the third season of HBOβs House of the Dragon in the townβs Ancient Greek amphitheater. Some 5,000 people, from school kids to pensioners, filled out the historic site which was built [β¦]
The Justice Department said Friday that it concluded that Paramountβs proposed acquisition of Warner Bros Discovery was βnot likely to result in harm to competition or American consumers,β citing its review of the streaming, linear television and theatrical release marketplaces. In a statement today, the DOJ noted the multiple transaction in which Warner Bros has [β¦]
The chief legal counsel of Paramount Skydance, Makan Delrahim, has alleged that some opponents of the David Ellison-led companyβs pending $111 billion takeover of Warner Bros. Discovery are motivated by βantisemitic views.β In an interview with the Los Angeles Times, Delrahim spoke about the backlash in the industry to the Paramount-WBD deal. To date, more [β¦]
Paramount said to today that competition authorities in Australia and New Zealand, as well as Saudi Arabia, Ukraine, Serbia and North Macedonia have approved its pending merger with Warner Bros. Discovery. Foreign direct investment authorities in Germany, Slovenia, Belgium, Czechia, New Zealand, Italy, France and Romania are also on board, the David Ellison-run company said [β¦]