American media production and financing company built by David Ellison, central to Hollywood mergers
U.S. states have filed suit to block Paramount’s $110 billion merger with Warner Bros. Discovery, asserting it would control about one-third of major movie titles and cable programming. The case has prompted talks of structural remedies, though theaters and other stakeholders seek protections before any approval. A trial is set for March, with ongoing talks in the background.
President Donald Trump has said NBCMeet the Press host Kristen Welker will be reported to the Federal Communications Commission for what he called a "purposeful inaccuracy" after she said his endorsements have had "mixed results" this primary season. He named FCC chair Brendan Carr and urged the commission to act; broadcasters and rights groups are litigating alleged FCC pressure.
The Guardians report on how Star Trek’s utopian roots collide with today’s political divisions and the franchise’s evolving status in a polarized media landscape.
Star Trek’s 60th anniversary is marred by debate over inclusivity and the franchise’s future. Multiple outlets report on cancellation of a Paramount+ series, with actors defending the franchise’s progressive values while critics question its current direction. Readers are watching closely as sponsors and fans weigh the franchise’s next moves.
South Park has announced a name change to South America for its 29th season, in a move that mirrors President Trump’s recent renaming attempts for lakes, gulf and even a state. The show’s creators say the rename is inspired by Apple and Google and thanks Paramount Skydance, as the merger and regulatory backdrop grow.
The creators of South Park have announced that the show will officially be known as SOUTH AMERICA for its 29th season, a move inspired by Apple and Google renaming Lake Ontario to Lake America. The announcement comes as Donald Trump has pushed for names changes in U.S. maps and fronts a broader political clash with Canada and tech platforms.
Oracle founder Larry Ellison has canceled a plan to sell up to 50 million Oracle shares, a move disclosed in regulatory filings. The reversal follows a plan announced in June to sell stock under a 10b5-1 trading plan, which is now scrapped. Oracle’s push into AI infrastructure has coincided with rising debt and reduced cash flow, contributing to a stock decline this year.
Bloomberg reports a settlement could come this weekend or Monday, with Warner Bros. shares rising 8.6%. Paramount asserts no transfer of control, the Ellison family retains majority voting interests.
Paramount has settled a multi-state antitrust suit over its $110 billion merger with Warner Bros. Discovery, agreeing to distribute a set number of films annually and to safeguard CBS News and CNN’s editorial independence. The deal clears a major hurdle but integration and staffing questions remain as regulators, executives, and staff brace for the next phase.
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.
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.
Paramount and Warner Bros. Discovery have merged into a single company, Skydance, uniting two historic studios, streaming services, and news brands under one leadership. Ellison and Kreiz lead the new entity, with plans to accelerate content development and expand global reach.
The film Digger has sparked a fierce debate about climate satire and audience fatigue. Despite a star-studded cast led by Tom Cruise, critics are divided, with some praising bold experiments in storytelling and others criticizing tone and pacing. Early box office shows a global haul of around $20 million on a reported budget of $125 million, signaling a potential catastrophic performance.
The documentary on Elon Musk has seen shifting release plans as studios negotiate distribution. TikTok has suspended an associated account over political content, while HBO’s airing remains in question as Universal reassesses international rights.
Christiane Amanpour has announced she will separate from CNN after 43 years. She has said her nightly CNN International programme will be reduced to once a week early next year, end in May, and she will depart the network in June 2027; her PBS show will end this year and she will continue her podcast.