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Media Play News tells you what to watch, where and when. It is one of the five Hollywood trades, and the only one to focus on the home.
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News
Warner Bros. Discovery Quarterly Studio Biz Sputters, Operating Profit Plummets 89%, Revenue Down 39%
1+ mon, 1+ week ago (480+ words) With just one theatrical release (Wuthering Heights) among the top 20 box office releases in 2026, Warner Bros. Discovery’s studio business took it on the fiscal chin in the second quarter ended June 30. Studios segment revenue dropped 39% to $2.32 billion from $3.8 billion, with…...
Paramount CEO David Ellison 'Highly Confident' WBD Merger Will Cross Finish Line
1+ mon, 2+ week ago (401+ words) Despite possibly pushing back the closing of Paramount’s $110 billion equity acquisition of Warner Bros. Discovery to mid 2027, CEO David Ellison remains upbeat that the deal will cross the finish line. In a July 27 staff memo, Ellison reportedly said the transaction,…...
Paramount-WBD Merger Delayed Until at Least Mid-2027 as Antitrust Cases Move Toward Trial
1+ mon, 2+ week ago (435+ words) Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery has been delayed until at least June 1, 2027, after the companies agreed to postpone closing the transaction while they defend themselves against antitrust lawsuits brought by a coalition of state attorneys general…...
Another Former Top Paramount Executive Joins Radial Entertainment
3+ mon, 2+ day ago (259+ words) CEO Jeff Shultz’s efforts to reposition Radial Entertainment for the future of streaming continue with the appointment of Brendon Thomas, another former top Paramount executive, as chief revenue officer. Thomas reports directly to Shultz, who took the helm of Radial…...
Netflix's Ted Sarandos Meets With Italian PM Giorgia Meloni Touting 100 Original Series, Movie Productions
3+ mon, 2+ week ago (277+ words) Netflix co-CEO Ted Sarandos was in Rome this week meeting with Italian Prime Minister Giorgia Meloni to herald Netflix’s production of more than 100 Italian movies and TV shows since its first production, “Suburra: Blood on Rome,” released on Oct. 6, 2017. Netflix…...
Parks: Merged Paramount-WBD Would Reach 57% of U.S. Internet Households
4+ mon, 1+ week ago (297+ words) The pending merger between Paramount Skydance and Warner Bros. Discovery will generate a media combo that reaches 57% of U.S. internet households, positioning it alongside Netflix, YouTube, Prime Video, and Disney in viewer engagement, according to new data from Parks Associates. Parks…...
Hollywood Goes Vertical
4+ mon, 2+ week ago (1728+ words) Vertical video is no longer a social media sideshow. Once the domain of influencers and content creators targeting teens glued to their mobile phones, this bite-sized content — shot in portrait mode for smartphone viewing — is now being eyed by professional…...
Proxy Advisory Firm Decries WBD CEO David Zaslav’s $887 Million Golden Parachute as 'Problematic"
5+ mon, 4+ day ago (400+ words) Wall Street proxy advisory firm ISS is urging Warner Bros. Discovery shareholders to reject the proposed $887 million golden parachute compensation package to CEO David Zaslav following the closing of Paramount Skydance’s $110.9 billion equity acquisition of media giant. ISS, which urges…...
China's Tencent Reportedly Considering Funding Paramount's WBD Acquisition
6+ mon, 4+ day ago (400+ words) Tencent was an original $1 billion investor in Paramount’s hostile bid for WBD, but withdrew when its desire for management and board representation was considered a liability for U.S. regulatory approval. Now, the Chinese of owner of super-app WeChat (with a…...
Netflix Acquires AI Company InterPositive Founded by Ben Affleck
6+ mon, 1+ week ago (342+ words) Netflix has announced the acquisition of InterPositive, the filmmaking technology company founded by Ben Affleck that develops AI-powered tools built by and for filmmakers. “InterPositive’s mission — to use emerging technology in ways that protect and expand creative choice — is deeply…...