Paramount has come out swinging against a Friday screed from Mark Ruffalo, in which the award-winning actor accused moguls David and Larry Ellison of “powering some of the most destructive and inhuman forces in the world.” A spokesperson for the David Ellison-run enterprise said the company is “troubled when antisemitic tropes are invoked in purported
Paramount Skydance representatives are expected to meet on Monday with the California Attorney General’s office to discuss a potential settlement of the states’ antitrust case, according to two sources familiar with the situation. Paramount has been pushing hard for a deal to allow its $111 billion merger with Warner Bros. Discovery to close. The deal
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
As “Abbott Elementary” gears up for Season 6 production in just a few short weeks, stars Sheryl Lee Ralph, Janelle James and Luke Tennie are reflecting on turbulent changes in the industry — from the pending Paramount-Warner Bros. merger to production struggling in Los Angeles. “Any time there is a consolidation, something shrinks, and right
The U.K. has cleared Paramount Skydance’s $110 billion acquisition of Warner Bros. on competition grounds. The British government added that it would not intervene in the transaction on public interest grounds after Paramount beefed up promises about programming and news provision in the U.K. In a statement, the U.K.’s Department of Culture, Media and Sport
Regal Cinemas CEO Eduardo Acuna released a statement on Wednesday evening in support of the looming Paramount-Warner Bros. merger. “This year has been an important one for our industry. Attendance is up, younger audiences are coming out in numbers we haven’t seen in years, and the upcoming release schedule looks just as strong,” Acuna wrote.