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Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

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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,…

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Paramount to lay off 1,000 employees, with more cuts expected

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The logo and lettering of Paramount Skydance Corporation can be seen at a Paramount stand at the Media Days in Munich (Bavaria, Germany). Matthias Balk | Picture Alliance | Getty…

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Major League Baseball announces new media rights deals for NBC, ESPN and Netflix

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Los Angeles Dodgers pitcher Shohei Ohtani (17) throws a pitch during the MLB game between the Philadelphia Phillies and the Los Angeles Dodgers on September 16, 2025 at Dodger Stadium…

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E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger

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Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Andrew Harrer | Bloomberg | Getty ImagesSinclair disclosed a stake in fellow broadcast station owner E.W. Scripps…

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Disney stock falls 7% as media giant posts mixed results

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A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella's Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024,…

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Trump has threatened the BBC with a $1 billion lawsuit. Here’s what’s going on

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US President Donald Trump speaks to reporters as he arrives at Palm Beach International Airport on Oct. 31, 2025 in West Palm Beach, Florida.Samuel Corum | Getty ImagesU.S. President Donald…

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Under Armour splits with Steph Curry, leaving NBA legend free to find a new business partner

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Stephen Curry #30 of the Golden State Warriors looks on during the game against the Sacramento Kings during the 2024 Play-In Tournament on April 16, 2024 at Golden 1 Center…

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Paramount Skydance expects another $1B in merger savings as David Ellison resets spending

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Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | ReutersParamount Skydance said on Monday it expects $1 billion more in merger savings…

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Analysts think Trump would block a Comcast-WBD deal. Comcast says M&A is ‘viable’

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Brian Roberts, chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 9, 2025.David A. Grogan | CNBCComcast clued investors…

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DraftKings takes over ESPN sports betting partnership from Penn Entertainment

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The ESPN Bet logo on a laptop arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty ImagesDisney's ESPN is swapping out its sports betting…