Netflix announced on Friday of their purchase of Warner Bros. Discovery’s studio and streaming business, in a major deal that rocks Hollywood and the media landscape.
Read More Netflix set to swallow Hollywood: Announcing historic acquisition of Warner Bros.
The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape.
Read More Netflix to acquire Warner Bros. studio and streaming business for $72 billion
The Dow Jones Industrial Average hit a record on Tuesday as the floodgates opened for companies reporting how much profit they made during the summer.
Read More The Dow hits a record as 3M, Coca-Cola and other big US stocks climb
Warner Bros. Discovery (WBD) has joined Paramount in refusing to sign a letter to boycott Israeli film institutions, according to Variety and Deadline reports.
Read More Warner Bros follows Paramount in refusing to boycott Israeli film industry
By Reuters August 11, 2025 – 3:10 PM UTC (Reuters) – Skydance-owned Paramount will become the exclusive U.S. home of Ultimate Fighting…
Read More Paramount to become exclusive US home for UFC in $7.7 billion streaming deal
Following the inauguration of 47th President Donald J. Trump, CNN boss Mark Thompson announced that the struggling cable network will lay off 200 employees in an effort to pivot to a more digital-centric strategy.
Read More As Trump’s Presidency Begins, CNN Set To Lay Off Hundreds Of Employees