Media
Disney’s OpenAI stake is ‘a way in’ to AI and Sora will help reach younger audience, Iger tells CNBC
The Walt Disney Company’s $1 billion equity investment in OpenAI will serve as “a way in” to artificial intelligence, which will have a significant long-term impact on Disney’s business, Disney CEO Bob Iger told CNBC’s “Squawk on the Street” on Thursday. “We want to participate in what Sam is creating, what his team is creating,” Iger said. […]
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Disney making $1 billion investment in OpenAI, will allow characters on Sora AI video generator
Disney CEO Bob Iger attends late US actor Chadwick Boseman’s posthumous Hollywood Walk of Fame Star ceremony in Los Angeles, California, on Nov. 20, 2025. Unique Nicole | AFP | Getty Images The Walt Disney Company on Thursday announced it will make a $1 billion equity investment in OpenAI and will allow users to make […]
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Here’s what to expect in Paramount’s quest to elbow out Netflix and buy Warner Bros. Discovery
David Ellison at Netflix’s “America’s Team: The Gambler and His Cowboys” at The Egyptian Theatre on August 11, 2025 in Los Angeles, California. Gilbert Flores | Variety | Getty Images Paramount Skydance laid out its plan Monday to convince Warner Bros. Discovery shareholders that it’s a better buyer for the company than Netflix. The hostile […]
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Comcast president outlines unsuccessful WBD offer and future of NBC’s Peacock
Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. T Kevork Djansezian | Getty Images Comcast’s top brass on Monday pulled the curtain back on the company’s unsuccessful bid for Warner Bros. Discovery, detailing an offer far different from its rival bidders. […]
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Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, which Paramount Skydance CEO […]
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Trump says Netflix, Warner Bros. deal ‘could be a problem’; he’ll be involved in approving
U.S. President Donald Trump poses on the red carpet for the 2025 Kennedy Center Honors at the John F. Kennedy Center for the Performing Arts in Washington, D.C., U.S., December 7, 2025. Jeenah Moon | Reuters President Donald Trump expressed skepticism on Sunday night about Netflix‘s proposed acquisition of parts of Warner Bros. Discovery, saying […]
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The regulatory path ahead for a Netflix and Warner Bros. deal could get dicey
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 […]
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David Ellison’s hunt for WBD made David Zaslav richer — and it may not be over
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) Patrick T. Fallon | Afp | Getty Images This isn’t exactly what David Ellison had planned in September. Just a few months […]
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The New York Times sues Perplexity, alleging copyright infringement
Davide Bonaldo | Lightrocket | Getty Images The New York Times on Friday filed a lawsuit against Perplexity, alleging the artificial intelligence startup has illegally copied and distributed its copyrighted content. The suit, filed in the Southern District of New York, accuses Perplexity of unlawfully scraping The Times’ stories, videos, podcasts and other content to […]
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New York Times sues Defense Sec. Pete Hegseth over restrictive Pentagon media rules
The New York Times building is seen on September 16, 2025 in New York City. Michael M. Santiago | Getty Images The New York Times on Thursday filed a lawsuit challenging new restrictions on reporters who cover the Pentagon, which the newspaper says violate the U.S Constitution’s free press protections. The suit against the Defense […]
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