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Warner Records was hit with approximately a dozen layoffs across the company this week, including executive marketing VPs Victoria “Torie” Mason and Dalia Ganz and senior VP of publicity Fount Lynch, sources confirm to Variety. At least five of the layoffs took place at the company’s Nashville office, where Mason and Lynch are based; VP […]
Australia crumble under the pressure of a final-day chase as South Africa charge to a famous Test and series victory.
Warner Bros. Studios Leavesden, the studio’s flagship U.K. production hub, saw revenues climb 11% year-on-year, according to its latest financial accounts. The studios, located just outside London, brought in £292 million ($390 million) in the year ending 2025, up from £264 million the previous year. Gross profits jumped 10% (from £182 million to £200 million) […]
Just hours after his departure from Republic Records was announced, Jim Roppo has been officially named vice chairman of Warner Records Group. He will be based in Los Angeles and report to Chairman & CEO Aaron Bay-Schuck; his start date will be confirmed in the coming weeks. Roppo joins the company following nearly three decades […]
Chairman's family ties to Trump and Israel raise questions over editorial independence at CNN and CBS.
Warner Bros. TV Group & U.S. networks chairman/CEO Channing Dungey sent a memo to her staffers on Tuesday evening confirming her role in the new Skydance structure, including the fact that she will be a part of the company’s new executive leadership team. Dungey’s oversight will be expanding: As expected, she shared the news that […]
Paramount Skydance confirmed the purchase and merger with Warner Bros Discovery, becoming the new giant of world entertainment. The union of the companies will be called Skydance and will have production of films, series and media. The political ties of its co-directors put on the table if there will be changes in the editorial line.
David Ellison wasted no time in adding the Skydance name to the iconic Warner Bros. water tower in Burbank. On Tuesday morning, shortly after Paramount officially closed its $111 billion merger with Warner Bros. Discovery to form Skydance, the famous landmark on the Warner Bros. studio lot was updated with a new line: “A Skydance […]
Paramount has completed an $81 billion purchase of Warner Bros. Discovery, as its owner Skydance creates a new entertainment behemoth. Billionaire David Ellison's hostile takeover bid defeated rival efforts from Netflix.
It’s official: Paramount and Warner Bros. Discovery are now a single company — joined together as Skydance Corp., led by chairman and CEO David Ellison. The deal, valued at $111 billion, brings together two major studios, TV networks including CBS, CNN, Comedy Central, MTV and TBS, and streaming services Paramount+ and HBO Max. The new […]
The two great Hollywood producers join together and will have to decide what to do with their 'streaming' platforms, cable channels and CNN in full Hollywood mutation
The deal is expected to alter the entertainment and news industries but could it mean higher prices for consumers?
The merger of two of Hollywood's biggest movie studios comes after months of legal disputes and concern over competition.
It's a full-circle moment for a company that has undergone two major acquisitions within the last 18 months.
A federal judge on Wednesday approved a settlement clearing Paramount’s takeover of Warner Bros. Discovery after 12 US states challenged the deal on antitrust grounds. The agreement includes safeguards for CNN’s editorial independence and requires the merged studio to release at least 30 films a year for its first two years.
Paramount chief David Ellison, after a fierce year-long battle, is finally about to get his hands on Warner Bros. Discovery — in the most expensive takeover in Hollywood history. On Wednesday, U.S. District Judge Araceli Martínez-Olguín, who is overseeing the antitrust case aimed at blocking the Paramount-Warner Bros. deal approved Paramount’s settlement with the 12 […]
In a long-expected move, Warner Music Group has named Val Blavatnik Managing Director of North America, U.K. & Corporate Development amid several other top leadership moves. Blavatnik, 28, the son of Warner Music’s primary owner Len Blavatnik, will “unify and drive business and operational strategy across these markets while guiding the company’s investment strategy to […]
The film producer, the son of one of the richest men on the planet, unblocks the fusion between Paramount and Warner to create a entertainment giant
Twelve states and Hollywood writers challenging Paramount’s buyout of Warner Bros. Discovery agreed to settle their lawsuits on Monday, effectively paving the way for the $81 billion mega merger to cross the finish line, with some new commitments from the company.
Paramount Skydance has reached an amicable agreement, which still needs to be approved by a California federal judge, in order to obtain the abandonment of the proceedings brought by twelve US states challenging the acquisition of Warner Bros Discovery. In particular, the group is committed to increasing its investment in film production and to creating a council on editorial independence of news channels.
