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Paramount Merger

All articles tagged with #paramount merger

Jewish entertainers rally to defend Ruffalo amid merger dispute
entertainment1 month ago

Jewish entertainers rally to defend Ruffalo amid merger dispute

More than 180 Jewish artists signed a letter defending Mark Ruffalo after Paramount accused him of antisemitic tropes linked to his opposition to the Warner Bros. Discovery–Paramount merger. The signees, including Abbi Jacobson, Ilana Glazer, Joel Coen, and Tony Kushner, argued that critiquing the merger or related Israeli-tech ties is not antisemitic and condemned smear campaigns that conflate political commentary with Jewish identity. Ruffalo denied antisemitism, while supporters noted the broader debate over Hollywood, Gaza, and corporate power. A group called The Brigade had previously criticized him, underscoring the ongoing backlash surrounding the merger controversy.

Einbinder Backs Ruffalo Over Ellison-Israel Criticism
entertainment1 month ago

Einbinder Backs Ruffalo Over Ellison-Israel Criticism

Hannah Einbinder publicly supported Mark Ruffalo after a Paramount spokesperson accused him of antisemitism for highlighting the Ellison family’s ties to Israel and its military tech, calling the accusation “ludicrous” and noting other connections to the merger. Ruffalo pushed back on antisemitism claims on X, saying criticizing actions or policies is not the same as attacking Jewish people, while Einbinder framed the controversy as a broader Hollywood-working-class issue and praised Ruffalo for speaking out against powerful moguls.

WBD Staff Praised Amid Paramount Deal Uncertainty
business2 months ago

WBD Staff Praised Amid Paramount Deal Uncertainty

Warner Bros. Discovery CEO David Zaslav says employees are working extremely hard and staying focused despite uncertainty around the Paramount merger, praising the company’s culture after visits to European offices; the deal faces antitrust lawsuits and a March trial date, while WBD continues to operate and pursue its plan, even as second-quarter results were underwhelming due to Supergirl and the lack of NBA telecasts.

Zaslav Frames Paramount-WBD Tie-Up as Tough Yet Inspiring for the Crew
business2 months ago

Zaslav Frames Paramount-WBD Tie-Up as Tough Yet Inspiring for the Crew

Warner Bros. Discovery CEO David Zaslav says the Paramount-WBD merger has been challenging amid regulatory scrutiny, but the company’s 40,000-strong workforce has delivered an inspiring, hard-working performance. He remains confident the deal will close, touts DC Studios’ slate and a strong film pipeline, notes UK clearance amid ongoing U.S. antitrust cases, and mentions a potential $550 million golden parachute if the merger proceeds.

HBO Max Slashes Yearly Plans 28% in Summer Promo Ahead of House of the Dragon
entertainment3 months ago

HBO Max Slashes Yearly Plans 28% in Summer Promo Ahead of House of the Dragon

HBO Max is offering a 28% discount on one-year plans (Basic With Ads, Standard, and Premium) for new and returning subscribers, with yearly prices of $78.99, $132.99, and $164.99. The promo runs June 18–July 15, 2026, and prices return to their standard annual rates after 12 months; the offer coincides with the Season 3 premiere of House of the Dragon and ongoing Paramount merger talks.

Warner Bros. Discovery Frames Upfront Against Paramount Megamerger
business5 months ago

Warner Bros. Discovery Frames Upfront Against Paramount Megamerger

At Warner Bros. Discovery’s Upfront in New York, ad-sales leaders used a faux Freudian slip to acknowledge the looming $111 billion Paramount merger, signaling potential industry-wide changes as regulators weigh the deal. The presentation highlighted advertiser nerves and industry skepticism, with Paramount pledging a strong theatrical slate and job protections, while shareholders already approved the merger in April and regulators remain the remaining hurdle.

Barry Diller Says He’d Buy CNN Tonight to Save It From Extinction
business5 months ago

Barry Diller Says He’d Buy CNN Tonight to Save It From Extinction

Barry Diller told The Wall Street Journal's Future of Everything Festival he’d buy CNN 'tonight and tomorrow night' to save it, arguing the network is ripe for innovation but needs more investment in on-air programming; CNN is owned by Warner Bros. Discovery, with Paramount's $81 billion merger in play, and Diller warned the deal could trigger savage cuts—echoing his own company's restructuring as IAC renames to People Inc. and slashes staff to save costs.

WBD Shareholders Rebuff Zaslav Payout Even as Paramount Merger Advances
business5 months ago

WBD Shareholders Rebuff Zaslav Payout Even as Paramount Merger Advances

Warner Bros. Discovery said only 17% of shares represented approved CEO David Zaslav’s potentially $886 million merger-related payout at a special meeting (82% opposed), even as shareholders overwhelmingly supported the Paramount merger; the non-binding vote won’t stop the payout, and regulators are still reviewing the deal which is expected to close later this year.

Zaslav Sells Over $114 Million Worth of WBD Stock as Paramount Deal Advances
business7 months ago

Zaslav Sells Over $114 Million Worth of WBD Stock as Paramount Deal Advances

Warner Bros. Discovery CEO David Zaslav filed to sell just over 4 million WBD shares, worth more than $114 million, as Paramount’s merger moves forward. The sale occurs amid a window that allows executives involved in deal talks to divest, and follows several other top WBD executives selling seven-figure amounts; the broader context includes WBD ending Netflix talks and agreeing to a Paramount sale.