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TikTok signs agreement to create new U.S. joint venture, memo says

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Samuel Boivin | Nurphoto | Getty ImagesTikTok CEO Shou Zi Chew told employees on Thursday that the company's U.S. operations will be housed in a new joint venture.The entity is…

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WBD tells shareholders Netflix deal is superior to Paramount offer: ‘It was not a hard choice,’ chairman tells CNBC

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The Paramount logo is displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California.Mario Tama | Getty ImagesThe Warner Bros. Discovery board on Wednesday…

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Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC

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Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said…

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Comcast president outlines unsuccessful WBD offer and future of NBC’s Peacock

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Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. TKevork Djansezian | Getty ImagesComcast's top brass on…

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Here’s what to expect in Paramount’s quest to elbow out Netflix and buy Warner Bros. Discovery

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Paramount Skydance CEO David Ellison at Netflix's "America's Team: The Gambler and His Cowboys" at The Egyptian Theatre in Los Angeles, Aug. 11, 2025.Gilbert Flores | Variety | Getty ImagesParamount…

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Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter

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A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty ImagesParamount Skydance is calling foul on how Warner Bros. Discovery has conducted…

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Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line

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The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland.Kevin Dietsch | Getty ImagesThe broadcast television industry knows it needs to consolidate. It's just struggling with…

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Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

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As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the…

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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…