Deals & M&A
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Breaking Down the Top Warner Bros. Execs’ $1.1 Billion Merger Windfall
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Business
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David Zaslav Scores $606 Million Payout From Paramount-Warner Bros. Merger
The total includes stock options worth $381.7 million, per an SEC filing
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Paramount Global Distribution and International Head Kevin MacLellan to Exit
The executive’s departure follows the closing of the $110 billion Warner Bros. Discovery merger
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Skydance’s New TV Empire Explained: Who’s in Charge and What May Be Ahead | Analysis
With the acquisition of Warner Bros. Discovery, Skydance now owns almost 190 shows, over 70 cable networks and two major streamers
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TV
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Kent Belden’s The Only Agency to Acquire The Blogger Agent
The move comes as the two talent agencies look to capture a larger share of the creator economy
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Skydance’s David Ellison, Andy Gordon, Dennis Cinelli, Makan Delrahim Get Post-Merger Pay Bumps in Contract Extensions
The four executives are also eligible for annual equity awards in 2027, which will then increase in value in 2031
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Skydance Film Chiefs Assure Staff Movie Divisions Will Function Independently
“Your experience and perspective will be essential in shaping what comes next,” Josh Greenstein and Dana Goldberg write in a Day One memo
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Over 30 Movies, a $30 Billion Content Spend and So Much Debt: What We Learned From Skydance’s Kickoff Event
Co-CEOs David Ellison and Ynon Kreiz share their plans for the new company housing Paramount and Warner Bros.’ numerous businesses
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Business
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Trump Applauds Paramount-Warner Bros. Merger: ‘I’m Glad They Let It Go’
“It’s gonna be a great company. They’re terrific people,” the president says of David Ellison’s $110 billion deal
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Skydance Adds Laurene Powell Jobs and Bobby Kotick to Board of Directors, Tony Blair to Advise
Jobs and Kotick join Ynon Kreiz as new additions to Paramount’s existing board
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Skydance Is Here: Warner Bros. Tower, New York Offices Quickly Get Rebranded Following Merger
The Paramount-Warner Bros. merger closed on Tuesday morning
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Skydance CEOs Tease ‘Aggressive’ Content Investment, ‘Difficult Decisions’ to Come in First Employee Town Hall
“We are not coming together to manage decline. We are coming together to build for growth. And we are going to be ambitious about it,” David Ellison says
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RedBird Triples Commitment in Skydance to $6 Billion
The private equity firm invests another $4 billion into the combined Paramount-Warner Bros. business
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Skydance Bosses Tease What’s to Come After Paramount-WB Merger Closes: ‘Now the Real Work Begins’
“Integrating two companies will bring change, including difficult decisions that affect our workforce,” CEO David Ellison and co-CEO Ynon Kreiz write
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Fitch Downgrades Paramount, Warner Bros. Discovery Credit Ratings as Merger Closes
The firm cited “materially higher leverage” after the acquisition and “significant execution and integration risks,” as well as uncertainty about achieving its $6 billion in cost savings