Media
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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Paramount to combine HBO Max and Paramount+ into one streaming service after WBD merger
Paramount+ and HBO Max signage. Reuters | Getty Images Paramount+ and HBO Max will be combined into one streaming service if regulators approve Paramount Skydance’s acquisition of Warner Bros. Discovery, Paramount CEO David Ellison said on a conference call Monday. A combined service would have about 200 million subscribers given existing totals, Ellison said during […]
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Versant is about to test Wall Street’s appetite for cable TV in its first earnings report as a public company
Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group will release its first earnings report as a public company on Tuesday, giving Wall Street its first glimpse inside a company made up primarily of pay-TV networks. The Comcast spinoff […]
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WBD employees fear coming wave of job losses as Paramount tops Netflix’s bid to acquire company
The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own WBD shares and may prefer the financials of Paramount’s $31-per-share bid to Netflix’s $27.75-per-share offer, CNBC spoke to 10 WBD […]
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WBD and Paramount may have an easier time winning regulatory approval than Netflix
The Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images A day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies’ regulatory path forward. The WBD board said […]
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See the movie, play the game: How Nintendo is pulling out all the stops to sell the Switch 2
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo arguably has the most recognizable characters in video games, from […]
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