Paramount Skydance is preparing to make a bid for Warner Brothers Discovery. NBC News' Tom Llamas talks to media and sports reporter Alex Sherman about what this ...

The NFL is discussing getting rid of its 2029-30 opt-out clause in exchange for an increase on TV rights that could push CBS to pay more than $3 billion a year.

Hollywood is bracing for layoffs and big creative changes if the Paramount-Warner Bros. Discovery mega-merger goes through.

Paramount+ officially renewed the Dexter spinoff for a second season, and now details about what’s ahead are starting to come through.

Paramount CEO David Ellison has pledged to support editorial independence at CNN, saying it “needs to be maintained,” amid widespread concern about his company’s plans for the news network.

More than 100 productions fall under the two companies’ various studios. By Rick Porter Television Business Editor Stop me if you’ve heard this before: A big media merger may cause a major reset of ...

Paramount beats Netflix for Warner Bros, promising more big screen releases as Californians watch for layoffs at studios and ...

Paramount Skydance posted a wider net loss of $573 million and grew revenue 2% to $8.15 billion in its fourth quarter even as the David Ellison-led media giant saw improvement in its streaming ...

Warner Bros Discovery says Paramount has raised the price of its takeover offer to $US31 ($A44) per share, potentially setting the stage for a fresh bidding war with ...

Paramount Skydance has submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters, ratcheting up efforts to derail the HBO Max owner’s deal with Netflix.

The boss of Netflix has told the BBC its takeover bid for Warner Bros is better than a rival one from Paramount because it would expand the business and the industry. Co-chief executive Ted Sarandos ...

For months, Netflix has been in the driver’s seat of an industry-shaking effort to acquire Warner Bros. Discovery. But that company’s decision earlier this week to reopen talks with rival Paramount ...