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Spotify will transition founder Daniel Ek to an executive chairman role in January 2026, with co-presidents Gustav Söderström and Alex Norström becoming co-CEOs. Ek emphasizes growth in emerging markets and AI technology. The move formalizes existing leadership roles and reflects ongoing strategic shifts.
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President Trump announced plans to impose a 100% tariff on movies made outside the U.S., citing industry theft and economic concerns. The move aims to protect domestic film production but raises questions about enforcement, legal authority, and potential retaliation. The announcement follows previous threats and industry warnings.
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Two men, Tyler Avalos and Nicholas Ray, were arrested after posting violent threats online targeting public figures. Avalos's threats against Pam Bondi led to his detention in Minnesota, while Ray's threats against Laura Loomer resulted in charges in Florida. Both cases highlight the dangers of online threats and the challenges of free speech.
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Paramount Skydance is reportedly preparing a $71 billion bid for Warner Bros. Discovery, involving sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi. Denials have been issued, but reports of meetings with Middle Eastern officials suggest potential regional backing. The deal could reshape media ownership amid regulatory and political considerations.
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On December 8, 2025, Paramount Skydance launched a hostile $108.4 billion all-cash bid to acquire Warner Bros. Discovery (WBD), challenging Netflix's $83 billion deal announced last week. Paramount's offer includes WBD's cable assets like CNN, unlike Netflix's bid. Backed by Larry Ellison and Middle Eastern sovereign wealth funds, Paramount argues its bid offers greater regulatory certainty and benefits Hollywood's theatrical industry. President Trump signaled involvement in the regulatory review, citing competition concerns over Netflix's market share.