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The Latest Breaking News from David Ellison

Warner Bros shareholders green light Paramount’s $81 billion merger

Paramount has secured funding from several sovereign investment funds, including Saudi Arabia’s Public Investment Fund, as well as funds from the United Arab Emirates and Qatar, according to regulatory filings

The Independent UK

CBS News Rebrand Continues To Stumble Despite Whiskey Fridays

CBS News’s rebrand is hitting choppy waters after the latest ratings numbers rolled in. It turns out the people don’t want “Whiskey Fridays.”

The Mary Sue

The need for... a trilogy: Tom Cruise confirmed to return for Top Gun 3

Paramount have announced that Tom Cruise and producer Jerry Bruckheimer are returning for a third installment of Top Gun, following 2022’s hugely successful 'Top Gun: Maverick'.

Euronews

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Top Gun 3 officially confirmed with Tom Cruise returning

Paramount confirmed the actor will play flying ace Maverick again in one of first major films in new era

The Guardian - US

With worries about WBD acquisition looming, Paramount takes the stage at CinemaCon

Paramount Pictures is presenting its upcoming slate to theater owners at CinemaCon in Las Vegas

The Independent UK

Paramount boss to host private event ‘honoring’ Trump

IN FULL

The Independent UK

Paramount boss David Ellison to host dinner honoring Trump while awaiting federal approval to buy CNN: report

The federal government is currently weighing whether to approve Ellison’s $111 billion agreement to purchase Warner Bros. Discovery

The Independent UK

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Star Trek's Tim Russ Didn't Hold Back Speculating Why Paramount+ Canceled Starfleet Academy

He had some thoughts to share.

Cinemablend

The Walt Disney Co. begins laying off 1,000 employees

The Walt Disney Co. has begun layoffs expected to lead to 1,000 job cuts across the company

The Independent UK

Warner Bros. to take the stage at CinemaCon as filmmakers oppose Paramount acquisition

Warner Bros

The Independent UK

‘Block the merger’: Thousands of industry professionals speak out against Paramount-Warner deal

More than 1,000 film and TV stars and creatives, including Joaquin Phoenix, Emma Thompson and Javier Bardem, issued an open letter opposing Paramount Skydance’s pending acquisition of Warner Bros. Discovery.

Euronews

Mark Ruffalo and Emma Thompson among 1,000+ signatories on open letter opposing Paramount’s Warner buyout

Merger will ‘prioritise the interests of a small group of powerful stakeholders over the broader public good’, letter states

The Guardian - UK

More than 1000 Hollywood stars declare ‘unequivocal opposition’ to Paramount Warner Bros merger

‘The result will be fewer opportunities for creators, fewer jobs across the production ecosystem, higher costs, and less choice for audiences in the United States and around the world’

The Independent UK

Hollywood heavyweights voice 'unequivocal opposition' to Paramount-Warner merger in open letter

SUMMARY: More than a thousand movie stars, writers, directors and other Hollywood professionals announced their “unequivocal opposition” to the proposed Paramount merger with Warner Bros

The Independent UK

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Fortune

Warner Bros. CEO David Zaslav’s $887 million ‘extraordinary’ golden parachute gets ripped by proxy advisory firm ISS

The Independent UK

Paramount president Jeff Shell is stepping down from his post amid a legal battle

Longtime media executive Jeff Shell is leaving Paramount

The Independent UK

Trump threatens CNN over its Iran coverage moments after announcing ceasefire plan

FCC boss Brendan Carr said CNN must face ‘accountability’ for a report he claims is inaccurate without providing evidence

International Business Times

Paramount Skydance Stock Jumps 9% on $24B Gulf Funding for Warner Bros Takeover Bid

Paramount Skydance Corp. shares surged nearly 9% in morning trading Tuesday as the newly formed media giant moved closer to securing $24 billion in equity commitments from Middle Eastern sovereign wealth funds to finance its ambitious $81 billion to $110 billion takeover of Warner Bros. Discovery, a deal that could…

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The Guardian - US

David Ellison says 70% of Americans are centrist. Surveys tell a different story

Paramount Skydance CEO has repeatedly cited the statistic when laying out the approach that CBS News and potentially CNN would take

The Conversation

Trump is remaking the US media in his own image – and smashing accountability with it

This is the point of absurdity we have reached: on March 15, US President Donald Trump, in a Truth Social post, asserted that American news organisations were running AI-generated Iranian propaganda, and should be charged with treason for the dissemination of false information. One of the instances he cited was…

The Guardian - US

‘It’s going to upset the balance’: how will Paramount buying Warner Bros change Hollywood?

Warner Bros might have swept the Oscars with Sinners and One Battle After Another, but the impending merger has those in the industry worried about the future

International Business Times UK

Trump Threatens to Ban Major US News Outlets Over Coverage of 'Fake' Iran Strikes on US Planes

The Trump administration escalates its campaign against independent journalism by threatening to revoke US broadcasters' licenses over alleged 'fake news' war reporting.

International Business Times UK

Trump Bought Over $1.1M in Netflix Bonds While Criticising Media Merger, Government Filings Reveal

New government filings reveal President Donald Trump invested over £850,000 in Netflix bonds while publicly attacking the streaming giant's multi-billion-pound merger plans.

The Fashion Central

Jimmy Kimmel’s Oscars Joke Comparing CBS to North Korea Stuns Crowd

Television host Jimmy Kimmel returned to the Oscars stage on Sunday night and used the moment to deliver a series of sharp jokes,

Axios

Trump officials target media over Iran war reporting

The FCC chair threatened broadcast licenses over Iran coverage.

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