Logos of Netlfix and Warner Bros. Reuters The Netflix and Warner Bros. Discovery deal came together quickly — but its path to regulatory approval may not be so speedy. Netflix stunned the media industry on Friday when it announced its proposed $72 billion deal to acquire the iconic Warner Bros. film studio and streaming service … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 21, 2025 in New York City. Spencer Platt | Getty Images The S&P 500 edged higher on Friday, securing its fourth straight winning day, as traders digested inflation data that could provide further incentive for the Federal Reserve to lower interest … Read more
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images This isn’t exactly what David Ellison had planned in September. Just a few months ago, the Paramount Skydance CEO sent a letter to the Warner Bros. Discovery board of … Read more
A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images Movie theater operators woke up Friday to the possibility of a new world order. Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD’s film … Read more
The Trump administration views the proposed $72 billion deal for Netflix to acquire Warner Bros. Discovery‘s film and streaming assets with “heavy skepticism,” a senior administration official told CNBC’s Eamon Javers on Friday morning. Netflix said Friday that it would acquire Warner Bros.’s film studio and streaming service, HBO Max. Paramount Skydance had made multiple … Read more
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness … Read more
Actors Chris Tucker and Jackie Chan arrive to the premiere of “Rush Hour 3” at Mann’s Chinese Theater on July 30, 2007 in Hollywood, California. Jeff Vespa | WireImage | Getty Images A push from President Donald Trump has led Paramount Skydance to revive its “Rush Hour” buddy cop movie series, two decades after the … Read more
The average NHL team is now worth $2.2 billion, according to CNBC’s Official NHL Team Valuations, 15% more than last year, as richer national media rights deals drive up franchise values. In April, the NHL and Rogers Communications agreed to a 12-year national Canadian media rights deal worth $7.79 billion, based on exchange rates as … Read more
Ariana Grande and Cynthia Erivo star in Universal’s “Wicked: For Good.” Universal Universal’s “Wicked: For Good” defied gravity at the box office, snaring an estimated $150 million from domestic ticket sales. It marks the second-highest opening weekend for a film released in 2025, just behind Warner Bros.’ “A Minecraft Movie,” which tallied $163 million back … Read more
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but … Read more