Media
David Zaslav’s WBD-Paramount deal payout highlights new ‘golden parachutes’ for CEOs
Warner Bros. Discovery CEO David Zaslav’s potential payout of more than $800 million from the Paramount Skydance deal highlights an obscure tax rule originally designed to limit CEO pay. According to SEC filings, Zaslav could collect hundreds of millions of dollars in severance and other stock awards and payments following Paramount’s acquisition of WBD. The […]
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Nexstar, Tegna merger closes after winning regulatory approval
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Nexstar Media Group closed its acquisition of fellow broadcast station group owner Tegna after sealing regulatory approval, despite antitrust lawsuits filed against the deal in recent days. Nexstar’s $6.2 billion merger with Tegna brings together more than 260 local broadcast TV affiliate stations across the […]
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Disney embarks on new chapter as Josh D’Amaro takes over as CEO
Larissa Manoela and Josh D’Amaro, Chairperson of Walt Disney Parks and Resorts, wave to the audience after Panel Disney Experiences during Day 2 of the D23 Brazil: A Disney Experience at Transamerica Expo Center on November 09, 2024 in Sao Paulo, Brazil. Ricardo Moreira | Getty Images Disney is turning the page on a new […]
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Democrats blast FCC Chair Carr’s broadcast license threats as anti-First Amendment, ‘totalitarian’
Federal Communications Commission Chair Brendan Carr has drawn fierce backlash from Democratic lawmakers and free speech advocates for threatening to revoke broadcasters’ licenses over their coverage of the war in Iran. Carr on Saturday blasted broadcasters shortly after President Donald Trump called reports that Iran struck five U.S. tanker planes “fake news.” In a post on X, Carr […]
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FCC chair slams broadcasters after Trump disputes reports on Iran-damaged U.S. tankers
FCC Chairman Brendan Carr testifies during a House Energy and Commerce Communications and Technology Subcommittee hearing on “Oversight of the Federal Communications Commission” on Capitol Hill in Washington, DC, on Jan. 14, 2026. Saul Loeb | AFP | Getty Images Federal Communications Commission Chair Brendan Carr on Saturday blasted broadcasters shortly after President Donald Trump […]
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NFL discussing media deal with Paramount that could mean CBS pays an extra $1 billion or more
Roger Goodell, NFL Commissioner with Anthony Capuano, Marriott International CEO, CNBC CEO Council Member, speaking at the CNBC CEO Council in Arizona on May 19th, 2025. Chris Coduto | CNBC The NFL and Paramount Skydance‘s renewal talks on a deal to keep the league’s Sunday games on CBS are beginning to take shape, CNBC has […]
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Nintendo has jumped 18% this week as a surprise Pokémon hit drove hope it could boost Switch 2 sales
A Pikachu Character poses at the Pokemon stand during the Brand Licensing Europe at ExCel on October 04, 2023 in London, England. John Keeble | Getty Images News | Getty Images Nintendo shares have rallied 18% so far this week after a Pokémon game became a surprise viral hit, raising hopes it could drive sales […]
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Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount
U.S. President Donald Trump arrives in Miami, Florida, U.S., March 7, 2026. Kevin Lamarque | Reuters President Donald Trump bought more than $1.1 million of Netflix bonds over the last three months as the streaming giant unsuccessfully fought Paramount Skydance to buy Warner Bros Discover, according to government disclosures. Trump bought more than $500,000 of Netflix’s bonds in two transactions on […]
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FCC chief tells CNBC WBD-Paramount merger deal is ‘cleaner’ than Netflix’s, will be approved ‘quickly’
Brendan Carr, chairman of the Federal Communications Commission, has told CNBC that Paramount’s bid to buy Warner Bros. Discovery is “cleaner” than Netflix’s, adding he expected it to be approved “pretty quickly.” “There’s a lot of concerns when Netflix was the potential buyer there,” Carr said on the sidelines of the Mobile World Congress in […]
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Versant debut earnings report shows continued pay TV pressure, digital growth
Versant Media Group, the newly minted spinout of TV networks and digital assets from Comcast, released its first earnings report on Tuesday. The company reported full-year revenue of roughly $6.69 billion for 2025, down 5% from the prior year. Versant is reporting a breakdown of its earnings from its final year under the ownership of […]
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