Weekly Journal #261
Industry News
Massive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion Deal (Deadline)
The Battle For Warner Bros May Be Over, But Regulatory Scrutiny Of Paramount’s Deal Is Not (Deadline)
Netflix Says Paramount Has Paid $2.8 Billion Breakup Fee for Warner Bros. Discovery Deal (Variety)
WBD Rare Stock To Shrug Off Major Market Slump As Investors Await Paramount’s Next Move (Deadline)
How High Will Netflix Go in the Hunt for Warner Bros? (Hollywood Reporter)
David Zaslav Tries To Sell Paramount Deal To Shocked & Disappointed Employees At Town Hall: “We’re The Envy Of All Of The Industry” (Deadline)
Film
Can Oscar Voters Be Trusted? Plus, From Hawke To Hudson To Byrne To Madigan, This Year’s Top Underdogs (Deadline)
Television
The Television Show Every American Should Watch (NYT)
HBO Max Hits 131.6M Subs, NBA Exit Pinches Advertising As WBD Deal Drama Dominates Q4 (Deadline)
With Paramount As A Potential New Owner, CNN CEO Mark Thompson Urges Employees, “Don’t Jump To Conclusions About The Future” (Deadline)