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Warner Bros. Discovery shareholders back sale to Paramount Skydance

Warner Bros. Discovery shareholders back sale to Paramount Skydance

Warner Bros. Discovery on Thursday said shareholders approved its sale to Paramount Skydance, giving a green light to a hostile takeover bid valuing the combined company at $110 billion. The agreement ends a lengthy takeover saga and creates an entertainment behemoth whose impact on a struggling media landscape -- and connections

Paramount's CinemaCon charm offensive gets lukewarm reception

Paramount's CinemaCon charm offensive gets lukewarm reception

Paramount Skydance was on a charm offensive at CinemaCon this week, trying to convince theater owners that its megabucks deal to swallow Warner Bros. would be good for the industry. A glitzy promotional film narrated by Tom Cruise ended with the world's most bankable movie star sitting atop

Netflix shares dive as co-founder Reed Hastings steps away

Netflix shares dive as co-founder Reed Hastings steps away

Netflix shares plummeted more than nine percent Thursday as the TV streaming titan's quarterly earnings failed to impress investors and co-founder Reed Hastings announced he is leaving. Hastings, who helped grow the revolutionary DVD-by-mail company into a global entertainment behemoth, will depart Netflix to "

Netflix shares dive as revenue barely beats expectations

Netflix shares dive as revenue barely beats expectations

Netflix shares plummeted more than 8 percent on Thursday as the TV streaming titan reported quarterly revenue of $12.25 billion, which slightly topped expectations. An earnings letter to investors came with word that co-founder Reed Hastings will step away from the company when his term as chairman of

Cruise control: 'Top Gun 3' officially in the works

Cruise control: 'Top Gun 3' officially in the works

If you still feel the need for speed, Paramount Pictures has good news for you -- "Top Gun 3" is officially happening, with Tom Cruise back as daring pilot Pete "Maverick" Mitchell. The announcement came Thursday at the studio's showcase at CinemaCon, an annual week-

CBS News Bombshell Report Blames Bari Weiss for Tony Dokoupil’s Ratings Woe

As CBS News continues to struggle in the ratings, a bombshell report in the New York Post cites editor-in-chief Bari Weiss and network president Tom Cibrowski’s different visions for programming as partly to blame. “They are an odd couple to me,” one CBS insider told the outlet.

‘The Madison’ Ratings: How Did They Compare to ‘Yellowstone’ & Other Taylor Sheridan Shows?

The Madison is a hit! The Yellowstone spinoff is reportedly the biggest Taylor Sheridan debut yet, according to a new press release from Paramount+. The streamer revealed that the series, which premiered on March 14 with its first three episodes and followed through with the last three on March 21,