Paramount Warns CA AG Bonta & WGA Of WBD Merger Fallout & “Financial Consequences If Their Challenge Ultimately Fails”
WorldPing
Just weeks before Paramount Skydance starts being on the hook for the vaunted $7-million-a-day ticking fee to Warner Bros Discovery shareholders, the David Ellison-run company today pushed hard once again for the Writers Guild of America, California…
This is a short WorldPing brief. The full report was published by Deadline.
Paramount Skydance on Tuesday reiterated its demand in a court filing that 12 states and the WGA — whose antitrust lawsuits seek to block its takeover of Warner Bros. Discovery — post $1.
Brief by WorldPing · Original reporting by Variety
Revenue from Britain’s independent producers hit its second-highest total last year, despite spend from UK broadcasters falling beneath £2B ($2.7B) for the first time since 2020.
Brief by WorldPing · Original reporting by Deadline
Courts have historically side-eyed issuing massive bonds in merger cases, particularly when the government challenges the deal. The states have stressed that Paramount proposed the term to win over shareholders.
Brief by WorldPing · Original reporting by Hollywood Reporter
Nearly every galaxy has a supermassive black hole. The few that don't have had theirs ejected during a galactic collision. That's because galaxies and their black holes have formed hand in hand.
Brief by WorldPing · Original reporting by Phys.org
The Exploration Company (TEC) has raised $450 million to build reusable spacecraft, in what it describes as “the largest-ever Series C by a European space company.”…
Brief by WorldPing · Original reporting by TechCrunch