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OpenAI
OpenAI courts Hollywood over plans for video generation model Sora
...OpenAI has launched a charm offensive in Hollywood, holding meetings with major studios including Paramount, Universal and Warner Bros Discovery to showcase its video generation technology Sora and allay...
March 29, 2024
Sky Group
Sky to cut about 1,000 jobs in UK in shift to digital streaming
...Sky is still recruiting in some parts of its business in the UK, including for its new film and TV studio at Elstree....
January 30, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...An offer by Apollo and Sony Pictures has not been presented to the board of Paramount. Earlier this month, Paramount entered exclusive negotiations with Skydance....
April 19, 2024
Media
Shari Redstone prefers rival deal to $11bn Apollo bid for Paramount studio
...If Paramount sold just the studio unit it would be left with its lower-performing cable, broadcast and streaming businesses, without the more valuable content arm....
March 21, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Skydance and Shari Redstone in exclusive talks over Paramount deal
...Skydance, the film studio behind Top Gun: Maverick, has entered exclusive talks with Shari Redstone to take control of her media company Paramount Global after it rebuffed a $26bn takeover offer from buyout...
April 3, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...Earlier this year, Apollo offered to buy Paramount’s film studio for about $11bn in cash....
April 3, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Skydance and Shari Redstone in exclusive talks over Paramount deal
...Skydance, the film studio behind Top Gun: Maverick, has entered exclusive talks with Shari Redstone to take control of her media company Paramount Global after it rebuffed a $26bn takeover offer from buyout...
April 3, 2024
News in-depthParamount Pictures Corp
Shari Redstone and David Ellison plot complex finale to Paramount family drama
...Redstone’s father used his tax law training to concoct complex transactions including acquisitions of Viacom, Paramount Pictures and CBS....
February 2, 2024
LexWarner Bros Entertainment Inc
Warner Bros/Paramount: bloated structures should curb ambitions
...While both struggle under heavy debt loads, Paramount is the more desperate. It has interesting assets, such as the Paramount film studio and sports rights on its CBS network....
December 21, 2023
Indian business & finance
Reliance buys out Paramount’s stake in Indian TV business for $500mn
...Yet India has proved a particularly difficult market for Hollywood studios to crack, with Paramount and Disney joining other foreign media groups, including Warner Bros, in scaling back their presence in...
March 14, 2024
The Top LineChristopher Grimes
Paramount sale talks point to Hollywood post-streaming boom hangover
...Paramount is not the only legacy studio facing the question of what to do with the old-school TV networks....
December 15, 2023
Media
Shari Redstone weighs options for Paramount as Skydance eyes bid for studio
...Skydance was particularly interested in Paramount’s Hollywood studio, people familiar with the New York-based company said....
December 9, 2023
News in-depthStreaming services
‘Shakeout has begun’ after $5bn streaming loss for Netflix rivals
...She has held talks about selling the Hollywood studio to Skydance, the production company behind Top Gun: Maverick, people familiar with the matter say....
December 28, 2023
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Disney movie studio head departs as Iger continues company shake-up
...Sean Bailey is stepping down after 15 years as president of Disney Studios motion picture production, a tenure that produced successful remakes of The Lion King, Beauty and the Beast and Aladdin, the company...
February 27, 2024
News updates from December 20: S&P 500 falls the most in three months, Toshiba delists and enters private hands
Warner Bros Discovery and Paramount CEOs hold exploratory merger talks
...Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News....
December 20, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
News updates from February 27: McKinsey touted its advice to Chinese government, EU parliament bars Amazon lobbyists
Disney shakes up film studio as Bob Iger seeks to regain ‘focus’
...Sean Bailey is stepping down after 15 years as president of Walt Disney Studios Motion Picture Production, a tenure that produced successful remakes of The Lion King, Beauty and the Beast and Aladdin, the...
February 27, 2024
Media
Warner Bros Discovery and Paramount CEOs hold exploratory merger talks
...Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News....
December 21, 2023
FirstFT
FirstFT: Warner and Paramount hold early stage talks
...Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News....
December 21, 2023
Paramount Global
Paramount to revamp its free online television services in the UK
...Maria Kyriacou, president for broadcast and studios at Paramount International Markets, said the move would reflect a “sizeable” technology investment by the US group, which acquired Channel 5 a decade ago...
November 1, 2023
ReviewTelevision
Sexy Beast — unconvincing prequel to Jonathan Glazer’s audacious debut
...For a show about a group of thugs, none of it really packs a punch. ★★☆☆☆ First three episodes on Paramount+ from January 25....
January 26, 2024
Advertising
Super Bowl set to break US advertising records
...Paramount is expected to net the more than $650mn in TV ad revenues, according to Dentsu....
February 9, 2024
News updates from December 22: UK economy shrinks in Q3, Fed’s preferred measure of inflation falls
Lionsgate Studios to list via $4.6bn merger with blank cheque company
...Lionsgate Studios will house the television studio and motion picture divisions of the group, which is behind franchises such as John Wick as well as Oscar-winning film La La Land....
December 22, 2023
ReviewVisual Arts
Walton Ford, Morgan Library — roars and whispers from the finest living painter of animals
...The studies build to the series’ most perfect picture, a large-scale watercolour glistening with expressive detail....
April 24, 2024
HTSI
Big deals, big parties, big dresses – Dafydd Jones’s 1990s New York
...“In retrospect, these pictures are already of a very different New York City,” he writes. “Only the dramatic weather has remained the same.”...
April 23, 2024
Media
Lionsgate to carve out and list studio business in $4.6bn Spac deal
...The newly created Lionsgate Studios will house the television studio and motion picture divisions of the group, which is behind franchises such as John Wick as well as Oscar-winning film La La Land....
December 22, 2023

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