American multinational toy maker and entertainment company
Twelve state attorneys general have reached a settlement with Paramount Skydance that has cleared the way for its merger with Warner Bros. The deal has required independent editorial boards for CNN and CBS, a commitment to release at least 30 theatrical films a year and a $30m penalty if that output target is missed. Critics and media advocates have condemned the concessions.
Condé Nast chief executive Lynch will depart after seven and a half years to lead Mattel. Mattel has launched a search for a new leader, with interim management by Mike Perlis. Lynch emphasizes a track record of growth, while Mattel faces questions about Barbie-era sales and IP-driven strategy.
The latest BEA data indicate the core PCE price index has cooled to a 3% annual pace, with monthly gains easing to 0.2%–0.3% in recent readings. Analysts say the Fed’s path remains uncertain as inflation cools but stays above target.
David Ellison has closed the roughly $110 billion merger that combines Paramount and Warner Bros. into a single company rebranded Skydance. The deal has folded HBO Max and Paramount+ together under one owner, brought CBS and CNN into the same corporate roof, and left the new firm carrying heavy debt while promising film release minimums and editorial safeguards.
Skydance has completed its $111 billion merger, uniting Paramount Pictures and Warner Bros. Discovery under one umbrella and creating a media giant that also includes CNN, CBS News, HBO Max and Paramount+. The deal promises a future of unified streaming, cost savings, and potential job impacts across film and news divisions.
Mass-market toy brand American Girl faces renewed demand from collectors and adult readers as a new Samantha novel expands its universe, spotlighting 1920s suffrage and family intrigue. The trend signals a shift from children’s play to adult engagement, with implications for licensing, publishing, and fan communities.