Musk invests $1 billion in Skydance
Elon Musk put around $1 billion into the entertainment company Skydance—owned by fellow billionaire David Ellison. During a period when...
paramount
Paramount closes $110 billion merger with Warner Bros
Tuesday marked the completion of Paramount's acquisition of Warner Bros. Discovery, which will result in the creation of Skydance, a...
David Ellison has shared the name of the new company that will combine Paramount and Warner Bros
Paramount Skydance and Warner Bros. Discovery will be called “Skydance” after the two companies officially merge, said Paramount's CEO, David...
California permits Paramount and Warner to move forward with their merger agreement
A California state judge approved an agreement reached with twelve U.S. attorneys general on Wednesday. Clearing the final hurdle for...
Warner and Paramount have agreed to delay their merger until June 2027
Media conglomerate Paramount Skydance agreed Friday to freeze its merger with Warner Bros. Discovery until June of next year while...
The Paramount-Warner merger is approved by Europe, but limitations are placed
The European Commission approved Paramount Skydance's acquisition of Warner Bros. Discovery on Wednesday, as long as Paramount takes specific steps...
The merger between Paramount and Warner Bros. Discovery was put on hold
The $110 billion merger between Paramount and Warner Bros. was temporarily halted on Monday by an order from a US...
The FCC demands a thorough examination of foreign investment in the Warner Bros. acquisition
On Tuesday, the lone Democrat on the Federal Communications Commission (FCC) demanded that foreign ownership stakes in the proposed Paramount...
In the first quarter, Netflix’s revenue increased by 16%
Netflix surpassed predictions and forecasts of $12.1 billion in revenue and $0.76 per share in the first quarter. Reporting revenue...
After its deal for Warner Bros. Discovery failed, Netflix will turn its attention back to content and advertising
When Netflix releases its quarterly earnings on Thursday—the streaming behemoth's first results since its unsuccessful bid for Warner Bros. Discovery—investors...
