Media Industry
DOJ Probes Netflix-WBD Merger Over Antitrust Concerns
The U.S. Department of Justice has launched an antitrust probe into Netflix’s proposed acquisition of Warner Bros. Discovery assets, citing potential monopoly concerns. This scrutiny could significantly delay the deal.
Netflix, Paramount Executives Trade Barbs Over Warner Bros. Discovery Bids
Key figures from Netflix and Paramount have publicly ridiculed each other’s proposals for acquiring Warner Bros. Discovery, signaling an escalation in the high-stakes battle for the media giant.
Versant Media Group Takes Flight: Nasdaq Debut Signals New Era for Comcast Spin-off in Turbulent Media Waters
Versant Media Group, Comcast’s spun-off portfolio of cable TV networks and digital assets, officially debuted on Nasdaq under the ticker ‘VSNT’. CEO Mark Lazarus outlines a bold strategy for digital growth and diversification amidst the ongoing disruption shaking the media…
Maurice DuBois Departs CBS Evening News Amid Network Shake-Up
Maurice DuBois announces his exit from ‘CBS Evening News,’ closing a turbulent chapter for the network as it prepares to unveil new anchors and adapt to shifting viewer preferences.
Chris Bath Departs ABC Drive: Inside Her Sudden Exit and Shift to Sunday Mornings
Veteran broadcaster Chris Bath has announced her unexpected departure from ABC Radio Sydney’s Drive show after less than a year, choosing to pursue passion projects and a new community-focused Sunday morning program.
Paramount Faces Layoffs, SEC Scrutiny, and Potential Sale
Paramount faces a turbulent period marked by layoffs, SEC investigations, and a potential sale amidst growing scrutiny over CEO compensation.
HBO Max Name Restored Amid Streaming Strategy Shift
Warner Bros. Discovery reverts its streaming platform name from Max back to HBO Max, acknowledging the value of HBO’s iconic brand.