Sky intends to use the information obtained from a court case to take legal actions against the resellers and some of the end users, marking the first time end users could face legal action.
Subscribers to TNT Sports can now access the service through HBO Max, which has replaced Discovery+ for online streaming. Existing Discovery+ users can log in using their current credentials.
U.S. District Judge Lewis Kaplan stated that T-Mobile's 'Save Over $1,000' campaign constituted false advertising, likely causing irreparable harm to Verizon. He emphasized that truthful advertising serves the public interest.
Paramount said that it lined up "an aggregate $24 billion commitment from three sovereign wealth funds" from Gulf countries, specifically Saudi Arabia, Abu Dhabi, and Qatar. Paramount said at the time that the sovereign wealth funds "agreed to forgo all governance rights (including board representation)."
OpenAI has decided to extend its advertising pilot programme beyond April, past its initial March deadline, giving brands more time to test how ads could appear within its rapidly growing AI assistant.
Netflix made a deal to buy the Warner Bros side of the company—its studio and streaming businesses—late last year, but Paramount Skydance has been undeterred, aggressively pursuing what it claims to be a better offer for the entire WBD operation. After several failed attempts at a hostile takeover, WBD is considering a final Paramount offer, to which Netflix will have the opportunity to counter.
Both are using wireless as a broadband retention tool: a customer with both internet and mobile from the same provider is much harder to lose to a fiber overbuilder. Charter added 428,000 Spectrum Mobile net lines in Q4, pushing mobile service revenue up 13.1% to $973 million. Comcast had its best wireless year ever, adding 1.5 million net lines for the full year and ending 2025 with over 9 million total lines.
"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."
As we said, we do plan to put the two services together, which today gives us a little over 200 million direct to consumer subscribers. We do plan for that to be able to operate with independence, so that HBO can, candidly, do what it does incredibly well.
WBD used pointed language, calling Paramount's bid the "largest leveraged buyout in history by a wide margin" and tying its potential failure to previous big LBOs that didn't close on the initially agreed-upon terms. In its new filing, WBD also described Paramount's financial condition as "not strong," noting that its credit was already rated "junk" by S&P before the "extraordinary amount of debt financing" required by the deal.