TLL Staff Paramount, a Skydance Corporation, announced today the appointment of Paul Southern as Executive Vice President, Consumer Products, effective immediately. Southern brings more than 20 years of experience in global licensing and commercialization strategies for major entertainment franchises to his new role. He will oversee Paramount's consumer products business and … [Read more...] about Who’s News: Paramount Names Paul Southern as Executive VP of Consumer Products
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Corporate Drama: Netflix Sweetens Warner Bros. Deal With All Cash Offer
By Gary Symons TLL Editor in Chief The takeover battle for Warner Bros. Discovery has more twists and turns than a Netflix mystery drama. The latest plot twist sees Netflix staving off a competing but hostile bid from Paramount Skydance by offering an all cash offer to buy out WBD for $82.7 million. Netflix and Warner say the revised agreement simplifies the … [Read more...] about Corporate Drama: Netflix Sweetens Warner Bros. Deal With All Cash Offer
Netflix Acquires Warner Bros. Discovery, Reshaping Hollywood
By Gary Symons TLL Editor in Chief Streaming giant Netflix and Warner Bros. Discovery have agreed to an $82.7 billion acquisition deal that will reshape the U.S. entertainment industry. The definitive agreement will see Warner Bros. Discovery splitting up its assets. As was previously announced, WBD’s Global Networks division, Discovery Global, will be split off into a … [Read more...] about Netflix Acquires Warner Bros. Discovery, Reshaping Hollywood
Paramount Skydance Bidding for Warner Bros. Discovery Takeover
By Gary Symons TLL Editor in Chief Earthshaking news for the entertainment and licensing industries, as Paramount Skydance is preparing a potential bid to acquire Warner Bros Discovery, Reuters reported Thursday, citing a source familiar with the bid. The move could unite two of Hollywood’s largest and most successful studios, and reshape the global entertainment industry. … [Read more...] about Paramount Skydance Bidding for Warner Bros. Discovery Takeover
Skydance Unveils New Board Members for Post-Merger Paramount
By Gary Symons TLL Editor in Chief Skydance Media has revealed its full slate of board appointees for the soon-to-be-formed Paramount Skydance Corporation. The board appointments mark a major milestone in the studio’s proposed merger with Paramount Global, a corporate marriage that has recently received the blessing of the FCC. David Ellison, Skydance founder and CEO, will … [Read more...] about Skydance Unveils New Board Members for Post-Merger Paramount