#david-zaslav

#david-zaslav

The crew walked off the Bonfire Legend production late last week and has called a strike against the production, citing a series of labor issues.

Zaslav could receive $34.2m in cash severance payments, $115.8m in vested stock and $517.2m in unvested share awards once the deal is complete, according to a filing from Warner Bros Discovery on Monday. The chief executive of the studio is also expecting tax reimbursements of up to $335.4m.

"While we are confident that our transaction provides superior value and certainty, we recognize the ongoing distraction for WBD stockholders and the broader entertainment industry caused by PSKY's antics," Netflix said in a statement. "Accordingly, we granted WBD a narrow seven-day waiver of certain obligations under our merger agreement to allow them to engage with PSKY to fully and finally resolve this matter."

Netflix's share price was down 30% since announcing the acquisition, while the subsequent announcement that it was backing down sent Netflix stock up nearly 14%. For another, Netflix's commitment to the deal reportedly wavered after Paramount came in with an increased offer and seemed willing to go several more rounds in a bidding war.

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground.

They have a very big market share, Trump told reporters at the Kennedy Center on 7 December, two days after the deal was announced and five days before he began to purchase Netflix and WBD bonds. When they have Warner Bros, that share goes up a lot. So, I don't know. That's going to be for some economists to tell and also and I'll be involved in that decision too. But they have a very big market share.

What started as a fragmented but flexible streaming ecosystem is increasingly trending toward rebundling-fewer, larger super-platforms offering broader catalogues at higher price points. A Paramount-WBD merger would put diversity of viewpoints at risk, particularly given concerns about editorial control under Paramount's ownership, including potential impacts on CBS News coverage and CNN's operations.

For the past six years, Josh D'Amaro has overseen experiences, such as theme parks and cruises, at the Walt Disney Company. Starting March 18, he'll add the rest of the company to his responsibilities. Disney has tapped D'Amaro as its new chief executive officer, taking the reins from Bob Iger and becoming just the ninth person to run the century-old entertainment giant. D'Amaro won a highly competitive race for the job, fending off Disney's entertainment co-chairman, Dana Walden.

Donald Trump wants CNN sold. He has said so repeatedly and publicly, demanding it should be sold in any deal involving Warner Bros Discovery. Now one of America's largest media companies is racing to oblige him, while another looks to consolidate its power. Wednesday's House judiciary hearing on streaming competition where lawmakers voiced concern over the Trump administration's influence and a potential merger's toll on consumers made clear just how dangerous both options are for free speech, audiences and democracy itself.