The domestic box office has pulled in nearly $4.5 billion so far this year, the highest mark for the period since 2019, according to Rentrak.
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Folding The Roku Channel into Fox would create a media conglomerate capable of competing for eyeballs, and ad dollars, with the best of them.
A first-quarter earnings beat last week was overshadowed by weak second-quarter guidance that suggested growing subscriber churn.
Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, and Abu Dhabi’s L’imad Holding Co are all aboard, per the WSJ.
If, at first, Discovery, AT&T, AOL, Time and others fail? Well, David Ellison is going to go ahead and give Warner Brothers a try anyway.
Netflix, with its 325 million subscribers, swears its potential (if not likely) acquisition of Warner Bros amounts to vertical integration.
In its fourth-quarter earnings call last week, Roku announced its platform revenue grew 18% year-over-year to reach $1.2 billion.
Netflix retains the ability to match any Paramount offer moving forward, and WBD shareholders won’t vote on either bid until April.
Whoever gets named to the head job will have the tough job of turning Iger’s late-era ambitions into reality.
As a pure-play streamer that can’t fall back on, for instance, theme parks for its revenue, content is everything for Netflix.
Standout deals included Union Pacific’s $88 billion purchase of Norfolk Southern and the $56.6 billion deal to take Electronic Arts private.
That puts the ball back in WBD’s court to reject Paramount’s offer for the eighth time if it chooses to stick with Netflix.
After a dive, the company’s stock is still up 8% in 2025, while both long and short leveraged ETFs are down.
The straight-to-shareholders pitch rests in part on the argument that a Paramount takeover is more appealing to regulators.
A potential tie-up would come at an interesting crossroads for the theatrical industry and its longtime nemesis, Netflix.
The company has been one of the top beneficiaries of Trump administration policies, with US revenue climbing 68% year-over-year in Q2.