American film studio, flagship subsidiary of Paramount Skydance
Trump has arrived in Beijing with a tech-focused delegation for talks with Xi Jinping. Ratner accompanies the trip to scout for Rush Hour 4 filming locations, while executives from major tech firms are present. The discussions centre on trade, Iran, and Taiwan, with some hints about potential film projects pending outcomes.
Stephen Colbert has hosted his final Late Show as CBS confirms the program’s cancellation, with the finale featuring Paul McCartney and a climactic performance of Hello, Goodbye. Coverage notes the financial rationale behind CBS’s decision and situates the moment within broader shifts in network television.
The Ellison family’s Paramount is pushing ahead with its deal to merge with Warner Bros. Discovery, amid heightened scrutiny from the DOJ and state attorneys general. Regulators have hosted a lengthy deposition and remain weighing antitrust implications, while Paramount’s chief legal officer frames opposition as politically charged. CBS News leadership changes have intensified internal turmoil.
The U.S. Department of Justice has approved Paramount Skydance’s proposed acquisition of Warner Bros. Discovery after an eight‑month probe, concluding the merger is unlikely to harm competition in streaming, linear TV or theatrical film markets. The transaction still faces reviews by U.K. and EU regulators and possible lawsuits from state attorneys general.
A string of articles shows AI is transforming junior roles across finance and tech, boosting productivity while prompting debate about job quality and upskilling. Disney, Paramount and Thoma Bravo describe faster coding, more complex tasks for juniors, and government-led training initiatives.
Toy Story 5 has opened to record franchise returns, grossing roughly $312m worldwide and dominating ticket sales. Low‑budget horror films made by online creators — notably Obsession, Backrooms and Iron Lung — have posted surprise gains. By contrast, DCilms' Supergirl has underperformed, opening far below studio expectations and drawing poor reviews.
AP and Guardian reviews converge on Jackass: Best and Last as a farewell that leans on familiar stunts and nostalgia, with a few fresh twists but less novelty than earlier entries.
BBC and Independent report that Netflix’s Wonka’s Golden Ticket uses an AI-generated voice resembling Gene Wilder in a new reality competition. Fans say the move is disrespectful and lacking emotion; Wilder’s estate consent is cited. Series is set to release Sept. 23 with AI voiceover in the trailer.
A licensing change at Reading Festival could allow main-stage music on Thursdays and extend alcohol hours from 2027, amid ongoing festival format tweaks and high-profile headliners for Reading and Leeds.
Ofcom has found 26% of UK viewers now turn to Netflix first when choosing what to watch, narrowly ahead of the BBC on 25%, while ITV is first for 15%. YouTube viewing has surged: TV viewing of YouTube has doubled since 2022 to 19 minutes a day and total daily YouTube time is 41 minutes. Traditional broadcasters’ weekly reach has fallen to 70%.
A coalition of 12 U.S. states has secured a 14-day pause on Paramount’s $110 billion merger with Warner Bros. Discovery, pending a ruling on a preliminary injunction. The deal remains under antitrust review globally as regulators weigh competition, pricing, and content implications for theaters, networks, and streaming platforms.
Broadcasters weigh airing a primetime Trump speech on election security as FCC investigations loom; several networks have limited or preempted coverage, while others are airing clips or streaming live updates.
The CBS News program 60 Minutes is undergoing a major personnel shakeup. Nick Bilton has announced five new hires, including Ross Douthat and Norah O’Donnell, along with Sebastian Junger, Gianna Toboni and Trevor Phillips, to join as correspondents or contributors. The changes follow previous layoffs and leadership shifts under Bari Weiss’s editorship.
The European Commission has cleared Paramount and Warner Bros. Discovery’s merger after Paramount agrees to terminate a distribution joint venture with Universal in Europe and to refrain from joint distribution deals with Universal or Disney for 10 years. The approval comes with a 13-month unwind window for the Universal arrangement. US regulators remain weighing the merger, with a court pause and potential injunction ongoing.
Paramount+ is rolling out a free, ad-supported tier and testing micro dramas as part of a broader product revamp. The moves are designed to attract new users, boost engagement, and drive future subscriptions, while streaming peers remain constrained by antitrust scrutiny over Paramount’s potential WBD acquisition.
States have secured a temporary pause on the Paramount-Warner Bros. Discovery merger as a multistate antitrust lawsuit challenges its terms. A 14-day restraining order prevents closing, with a hearing set for August 3 to decide on a longer injunction. The dispute centers on competition and market power in film and cable.
Tomi Adeyemi has shared on TikTok that filming for a Paramount adaptation of her novel was marked by severe distress. She says she left the set “hyperventilating and sobbing,” with witnesses present, and that she has faced ongoing antagonism behind the scenes. The author is not planning to discuss further details publicly.
Paramount’s proposed merger with Warner Bros. Discovery has been paused amid a flurry of antitrust challenges from U.S. states and industry groups. CEO David Ellison has publicly defended the deal, arguing independence for CNN and CBS News, and detailing commitments to keep production flowing if the deal proceeds.