David Zaslav, president and CEO of Warner Bros. Discovery, has now sold over $195 million worth of stock since the media company clinched a deal to be acquired by David Ellison’s Paramount Skydance earlier this year. Zaslav’s latest sale of 773,173 shares of WBD stock, for an aggregate market value of $21,655,292, was handled on
The Directors Guild of America and IATSE are urging California Attorney General Rob Bonta to settle his antitrust lawsuit with Paramount, arguing that prolonged uncertainty over the Warner Bros. Discovery merger is bad for the industry. The two unions wrote a letter to Bonta and Paramount Skydance CEO David Ellison on Wednesday, urging the two
There’s no question that David Ellison, the doggedly ambitious CEO of Paramount Skydance, loves movies and filmmaking. In making his case for Paramount’s eye-poppingly pricey megadeal to merge with Warner Bros., he has repeatedly pledged that the combined company will release a lot more movies — to the tune of at least 30 titles per
The U.K. Advertising Standards Authority has ruled that outdoor poster ads for “Lee Cronin’s The Mummy” breached its code by presenting an image that gave “a realistic impression of a dead child,” while clearing companion TV and streaming spots for the same campaign. The ASA investigated four issues stemming from several complaints about ads for
Warner Bros. Discovery has acquired the revenge thriller “Kill Jackie,” starring Catherine Zeta-Jones, for HBO Max in Spain, Portugal, Sweden, Denmark, Norway, Finland, Iceland, France and Belgium. The deal covers two of HBO’s most established streaming markets, the Nordics and Spain, where SVOD services HBO Nordics and HBO Spain launched in 2012 and 2016 and
Privately, some top executives at Warner Bros. Discovery are supporting the 12 states that have sued to block Paramount Skydance’s acquisition of WBD to win in court and get the mega deal rejected. What is obvious, according to multiple sources, is that there is a sizable contingent at Warner Bros. of people who do not