Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | Reuters Paramount Skydance said on Monday it expects $1 billion more in merger savings than it previously forecast as it outlines CEO David Ellison’s ambitions for the company. The update came in Paramount’s third-quarter earnings report — the…
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers. Warner…
A UPS truck at the Palace Imports warehouse in Linden, New Jersey, US, on Wednesday, Aug. 27, 2025. Michael Nagle | Bloomberg | Getty Images After a wave of big companies announcing steep job cuts, many laid-off workers may face a financially difficult and uncertain period ahead. Amazon said on Tuesday that it would eliminate…
Taylor Swift (L) and Travis Kelce are seen in the Meatpacking District on Dec. 28, 2024 in New York City. TheStewartofNY | GC Images | Getty Images Company: Six Flags Entertainment (FUN) Business: Six Flags Entertainment is a regional amusement-resort operator with approximately 27 amusement parks, 15 water parks and nine resort properties across 17…
Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per…
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 8% higher in premarket trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding…
The CNN building in Atlanta, Georgia, on Monday, May 17, 2021. Elijah Nouvelage | Bloomberg | Getty Images CNN is trying again at a full-service streaming subscription. The news network, owned by Warner Bros. Discovery, announced Thursday its “All Access” subscription will launch in the U.S. on October 28 and cost $6.99 per month or…
VIDEO ID CNBC’s Jim Cramer on Wednesday said that while headlines continue to swirl around the government shutdown, investors should be paying closer attention to the story the market just finished telling. However, he cautioned that the biggest gains of the year may have passed. “You can tell an awful lot about a market by…
Laila Lockhart Kraner stars as Gabby in Universal and Dreamworks Animations’ “Gabby’s Dollhouse: The Movie.” Universal | Dreamworks Animation A young girl named Gabby, alongside her menagerie of animated cat friends, is making the leap from streaming to the big screen. Universal and DreamWorks Animation’s “Gabby’s Dollhouse: The Movie” is the latest kid’s TV show…
The NFL could begin renegotiating its media rights deals as soon as 2026, four years ahead of the current agreement’s opt-out clause, Commissioner Roger Goodell told CNBC in an exclusive interview. A new media rights deal could potentially add billions of dollars to the league’s coffers. The league needs agreement from its current media partners…
