David Ellison
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- 6d ago
Elon Musk reportedly invests about $1 billion in media group Skydance
Semafor reports the investment came weeks after Paramount Skydance closed its $110 billion takeover of Warner Bros. Discovery, as the group works to cut costs and lift its share price.
- Oct 19
CNN's Christiane Amanpour to leave network in June 2027 after 43 years
Her daily program ends in late 2026 and she leaves the network in June 2027, weeks after Paramount Skydance completed its takeover of CNN's parent company, Warner Bros. Discovery.
- Oct 14
Discovery+ raises US prices to $6.99 and $11.99 a month, a week after Skydance merger
Skydance raised Discovery+ prices for US customers on Tuesday, 13 October. New subscribers pay the higher rates immediately, while existing subscribers see them on bills issued on or after 12 November.
- Oct 12
Tom Cruise's Digger heads for $245m loss after 60% second-weekend drop
Tom Cruise's satire Digger, directed by Alejandro G. Iñárritu, opened in late September 2026 and fell about 60% in its second North American weekend. Reports cite estimated losses of around $245 million for Warner Bros, its final standalone release before the Paramount merger.
- Oct 8
Poland opens review of Paramount Skydance takeover affecting TVN owner
The state assets ministry will assess whether the Warner Bros. Discovery takeover threatens public order in Poland, through a 90-day procedure that could end in an order to sell TVN shares.
- Oct 5
Skydance completes $111 billion Warner Bros. Discovery merger as stock drops
David Ellison finalized the $111 billion takeover uniting Paramount, Warner Bros., CNN, and CBS News under Skydance Corporation as shares fell on the New York Stock Exchange.
- Oct 4
Tom Cruise satire Digger opens to $20M globally on final weekend before Skydance merger
Alejandro G. Iñárritu's dark comedy Digger opened to $20 million worldwide, creating projected losses of up to $200 million as Warner Bros. Discovery finalizes its $110 billion merger with Paramount-Skydance.
- Oct 1
South Park mocks tech billionaires and airs deepfake Trump scene in Season 29
The second episode of Season 29 depicts tech billionaires as miniature penises running energy-draining data centres, ending with an animated deepfake of Donald Trump.
- Oct 1
Ted Sarandos defends Warner Bros bid and outlines Netflix live streaming strategy
Speaking at Bloomberg Screentime in Los Angeles, Netflix co-CEO Ted Sarandos addressed 2% viewership growth, ruled out a free tier, and defended the company's past offer for Warner Bros.
- Sep 30
Paramount and Warner Bros Discovery will merge under the name Skydance ahead of October 6 close
Paramount Skydance chief executive David Ellison announced that the combined entity following its acquisition of Warner Bros Discovery will operate under the corporate name Skydance when the transaction completes on October 6.
- Sep 22
Paramount Skydance settles with 12 US states over $110 billion Warner Bros takeover
Paramount Skydance reached an agreement with twelve US states on Monday to resolve antitrust litigation, agreeing to boost film production and protect news independence ahead of required judicial approval.
- Sep 21
Paramount settles with twelve US states to clear 111 billion dollar Warner Bros takeover
Paramount has resolved antitrust challenges from California and eleven other states, agreeing to film production commitments and newsroom oversight to proceed with its 111 billion dollar purchase of Warner Bros.
- Sep 21
Paramount offers $1.5 billion in California concessions to unlock Warner Bros. Discovery deal
Paramount Skydance has entered advanced settlement talks with California and 11 other states, proposing $1.5 billion in local production investments and governance safeguards to complete its takeover of Warner Bros. Discovery.
- Aug 22
Mark Ruffalo rejects antisemitism claim by Paramount over $111B Warner Bros deal
Actor Mark Ruffalo defended his criticism of Paramount's proposed $111 billion acquisition of Warner Bros. Discovery after the studio accused him of antisemitism for citing Oracle's military technology ties in Israel.
- Aug 6
Warner Bros. Discovery Q2 revenue misses estimates as NBA loss and weak films drag results, Paramount merger stuck in court
Warner Bros. Discovery reported Q2 revenue of $8.72 billion, an 11% decline missing Wall Street estimates, as the loss of NBA broadcasts and a weak film slate offset streaming growth of $3.1 billion, while its proposed $110 billion merger with Paramount remains blocked in federal court.
- Jul 25
Paramount delays $111 billion Warner Bros. acquisition to June 2027 after states sue to block deal
The postponement follows a legal challenge by twelve US state attorneys general who argue the merger would stifle competition in film, streaming, and cable television.
- Jul 21
US judge temporarily blocks $110 billion Paramount–Warner Bros. Discovery merger after 12 states sue
A US federal judge temporarily halted the $110 billion Paramount–Warner Bros. Discovery merger on Monday after a 12-state coalition argued the deal would irreparably harm competition in film and television.
- Jun 18
Netflix cancels 'The Boroughs', the Duffer brothers' sci-fi drama, after a single season
The sci-fi drama, set in a New Mexico retirement community and starring Alfred Molina and Geena Davis, attracted nearly 19 million views but couldn't overcome high costs and the Duffer brothers' exit to Paramount.
- Jun 16
Sean Penn to direct January 6 Capitol assault film, Bradley Cooper in talks to star
Sean Penn will write and direct a Warner Bros. film about a police officer caught in the January 6, 2021 Capitol assault, with Bradley Cooper in talks to star. Production is slated to begin in mid-2027.
