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
Warner Bros. has teamed with the AI dog podcast “DogPack” to promote its upcoming sci-fi action film “The End of Oak Street.” The 90-second podcast clip, hosted by an AI golden retriever named Goldie and an AI French bulldog named Frenchie, features an interview with Starbuck, who plays Anne Hathaway and Ewan McGregor’s dog in
A federal judge on Wednesday dismissed a lawsuit from a group of consumers looking to challenge the $111 billion merger between Paramount and Warner Bros. Judge Araceli Martínez-Olguín wrote that the plaintiffs — three current Paramount+ subscribers and two prospective subscribers — presented a lack of standing in their suit. She also ruled that the
Paramount CEO David Ellison said on the company’s earnings call Tuesday that he believes the company’s merger with Warner Bros. Discovery will go through despite a legal challenge filed by a dozen states. Ellison also weighed in on how the company views artificial intelligence: It’s a tool for human storytellers, not a way to replace
Of all the great cinematic narrative arcs, there’s something special about the return. Think “Rocky,” “The Shawshank Redemption,” “The Natural.” A much maligned or dubious hero rises and triumphs against all odds. Goosebumps, all the time. The comeback saga rings very true for those in the film industry and those millions of movie buffs who
The head of Cinema United reiterates the lobbying organization’s opposition to Paramount Skydance’s proposed merger with Warner Bros., as well as the group’s support for litigation brought by state attorneys general that put the deal on hold. In a letter to movie theater owners on Wednesday, Michael O’Leary, CEO of Cinema United, argued that “this
