Company
Media and entertainment conglomerate owning CBS, Paramount Pictures, and the Paramount+ streaming service, now pursuing a merger with Warner Bros. Discovery.
More than 200GB of Cartoon Network production files is reported to be circulating online, though no one has confirmed the size or the source. Dexerto lists editable character rigs and layered Photoshop files among the contents.
Reality
Skydance's David Ellison plans to merge Paramount+ and HBO Max, a pairing he puts at over 200 million subscribers, now that the Warner Bros. deal has closed. The company says it carries roughly $80 billion of debt, so that scale has to turn into cash.
Perspective Coverage
3 publishersReality
Skydance now owns Warner Bros and Paramount, cutting Hollywood's major studios from five to four and putting HBO, CBS and CNN under one owner. Writers and directors feel the lost buyer first, while cable distributors and streaming subscribers meet the combined company later.
Reality
Skydance has made former Mattel chief Ynon Kreiz co-CEO, expected to find $6 billion in savings over three years, Business Insider reports. David Ellison keeps the studio and talent deals, leaving Kreiz the cuts and the layoffs expected with them.
Reality
Walmart, with a $6.4 billion ad business, now lets advertisers use its shopper data to target and measure ads on Warner Bros. Discovery's linear TV networks. It points proof of purchase at TV's brand budgets, starting slowly by Walmart's own account.
Reality
Paramount named Mattel's Ynon Kreiz co-CEO alongside David Ellison shortly after a judge approved its 12-state settlement over the $81 billion Warner deal. Both chief executives take over a studio whose operating plan now has to fit the terms 12 states negotiated and a federal judge approved.
Reality
Netflix is ending its six-year production deal with David Fincher, the arrangement behind Mank and The Killer. Shawn Levy and the Duffer brothers have also gone, though the director deals Netflix keeps suggest it is choosing fewer, bigger bets.
Reality
Paramount settled the 12-state antitrust suit over Warner Bros. Discovery by pledging 30 films a year for five years, at $30 million per film it misses. Against a $6 billion synergy target, the bar on bundling CNN and HBO in cable talks looks like the harder limit.
Reality
Cryptobriefing reports Ellison plans to sell up to $7.5bn of Oracle stock while personally guaranteeing more than $40bn of media deals, with 277 to 346 million shares already pledged. At $150 that sale is 50 million shares.
Reality
Growth Equity at Goldman Sachs Alternatives has put $400m into Cyera at the valuation the company set in June, its third large round of 2026. What that cheque funds and what a security team can switch on next month are separate questions.
Reality
The twelve attorneys general leave with two promises they will have to police themselves, and Free Press says parts of the deal ask less of Paramount than the two companies already do separately.
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The 32-page report sets 41 percent unrenewed against 11 percent cancelled outright. It also lists Wonder Man at 52 percent retention, two points above the threshold the industry treats as a renewal, among the shows that ended.
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Techdirt traces years of Oracle-funded attacks on Section 230 to a board seat at TikTok, where a 15% stake and a hosting contract put Oracle on the paying end of the legal weather it helped make.
Reality
Twelve states sued to block the $111 billion Paramount-Warner deal. The reply travelling furthest is an Iowa op-ed that totals up the ticking fee while leaving the deal's economics to a promise about movie counts.
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Roblox now grades a game over 28 days and asks for updates every one or two weeks. That prices the team you keep after launch above the team that shipped it.
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The Justice Department says nothing irreversible happens when the FCC designates a broadcast licence for hearing. Disney's filing is about the remedy that gets harder once it does.
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States want roughly $200 billion and product changes; Meta says the ask reaches $1.4 trillion. The OpenAI and Ellison stories are real but, as reported, carry no magnitude.
Reality
The memorandum covers every ByteDance AI model, including those in CapCut and Dreamina. The terms are undisclosed, so builders get a rulebook they cannot inspect.
Reality
Paramount's leadership and CNN's own president have separately floated the same structure. The audience is a dozen blue-state attorneys general, not the newsroom.
Reality