Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) Patrick T. Fallon | Afp | Getty Images This isn’t exactly what David Ellison had planned in September. Just a few months…
Warner Bros. Studios in Burbank, California, US, on Wednesday, Nov. 26, 2025. Warner Bros. Jill Connelly | Bloomberg | Getty Images Netflix announced Friday it’s reached a deal to buy Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets. Disclosure:…
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness…
If OpenAI’s internal drama were a Netflix series, CNBC’s Jim Cramer says, it would be a binge-worthy mix of tension, comedy and cliffhangers — and Wall Street would be glued to every episode. On Tuesday, Cramer seized on reporting that CEO Sam Altman recently declared a “code red” inside the company that suggests OpenAI fears…
Carly Xie looks over facial mask items at the Face Shop, which specializes in Korean cosmetics, in San Francisco, April 15, 2015. Avila Gonzalez | San Francisco Chronicle | Hearst Newspapers | Getty Images On a recent Saturday at an Ulta Beauty store in midtown Manhattan, Denise McCarthy, a mother in her 40s, stood in…
A Netflix logo is on display at the Lucca Comics & Games 2025 event, one of Europe’s largest pop culture conventions, as stars and creators of “Stranger Things” series launch Season 5, in Lucca, Italy, October 31, 2025. Claudia Greco | Reuters Users on social media posted that they were experiencing issues with Netflix’s service…
Actors Chris Tucker and Jackie Chan arrive to the premiere of “Rush Hour 3” at Mann’s Chinese Theater on July 30, 2007 in Hollywood, California. Jeff Vespa | WireImage | Getty Images A push from President Donald Trump led Paramount Skydance to revive its “Rush Hour” buddy cop movie series, two decades after the last…
Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first-round offers, according to people familiar with the matter. Comcast, the parent company of NBCUniversal, bid solely for the film and streaming assets, which consists of the Warner Bros. studio and HBO Max, the people…
Mercedes’ British driver George Russell races during the first practice session for the Las Vegas Formula One Grand Prix on November 16, 2023, in Las Vegas, Nevada. Angela Weiss | AFP | Getty Images Mercedes-AMG Petronas F1 CEO and team principal Toto Wolff is bringing in new team ownership, selling a portion of his holdings…
Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but missed on revenue as the company’s entertainment business was weighed down by its TV networks and a lackluster theatrical film slate. Disney stock fell more than 3% in premarket trading. Here is what Disney reported for the period ended Sept. 27,…
