Hints and tips:
...The setback comes as Zaslav has spent the past year scouring the sprawling Hollywood group — which spans HBO, the Warner Bros movie studio and CNN — to find places to trim debt....
...The US government has codified its scepticism in revised “merger guidelines”....
...The 35-year-old Levin was proclaimed “our resident genius” by Andrew Heiskell, Time Inc’s chair, according to Fools Rush In, Nina Munk’s book about the AOL-Time Warner merger....
...The terms of the Warner-Discovery merger barred the group from dealmaking for two years. That period expires on April 8....
...It stood at $55bn when the merger closed in 2022....
...Bloomberg) Fund managers urge European regulators to mirror US move to T+1 (FT) Thomas Cook owner Fosun to sell brand to Poland’s eSky (SKY News) UK government vows to protect litigation funding that helped sub-postmasters...
...He invited Oprah Winfrey to interview him and declared the merger to be “our rendezvous with destiny”....
...The scions of two of America’s best-known billionaire families are scrambling to mastermind one of the most complex media mergers in recent memory, as the future of the storied Paramount studio hangs in...
...And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...The company behind HBO, CNN and the Warner Bros movie studio has been focused on cutting costs and trimming its debt following the $40bn merger of Warner with Discovery last year and against the backdrop...
...One paper in this area caught my eye recently, “Standardizing and Unbundling the Sub Rosa DIP Loan”, co-authored by researchers Kenneth Ayotte and Alex Huang of UC Berkeley School of Law....
...The TSE’s ambitions are not just meant for the worst-run Japanese companies, those with a sub-1 price/book ratio....
...US regulators last year blocked a proposed merger of Penguin Random House and Simon & Schuster that would have created a mega-publisher in the books industry....
...Capitalism can still work, the movie says. Here’s how. The only snag is, it might not be true....
...In the US, he says, hip-hop culture is the dominant force — but now expanding through “beautifully complex and referenced” ways into new sub-genres....
...The company behind HBO, the Warner Bros movie studio and CNN has been in the midst of a bruising restructuring over the past year as it sought to slash costs following the $40bn merger of Warner with Discovery...
...Activision has said it strongly backs the original deal and Kotick said on Tuesday that his company was ready “to work with UK regulators . . . so our merger can quickly close”....
...When the Discovery-Warner merger closed on April 8 2022, bringing the reality TV giant together with Warner Bros studio, HBO, CNN and DC Comics, Zaslav quickly discovered that the business was, as he put...
Front-loading bad financial results is an age-old plot device to set up a happy finale
...for deals Credit Suisse faces reality Wirecard’s ex-boss takes the stand BlackRock’s eight-trillion-dollar-man goes fishing Larry Fink loves fly-fishing, music and big, transformational opportunistic mergers...
...After the merger of Warner with Discovery, Zaslav has represented a return to budget discipline following an era of extravagant spending in Hollywood....
...A movie, Dungeons & Dragons: Honor Among Thieves, is slated for release in March this year....
...He vowed the company would find $3.5bn in cost savings over the next two years, above his previous $3bn goal after the $40bn merger of Warner with Discovery in April....
...The group’s losses were principally a result of restructuring and transaction costs related to the merger....
...The merger is a remarkable coup for Zaslav, a hyper-ambitious executive who lists media tycoons such as Ted Turner and the Warner brothers as inspiration....
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