- Jane Fonda and Julia Roberts protested the Paramount-Warner Bros. merger and expressed concern over CNN's future ownership.
- A merger places entertainment and news assets under control involving HBO and Skydance Media.
Warner Bros. Discovery is positioning CNN and HBO as iconic brands while facing competitive pressures from Skydance Media.
2 reports, 1 independent
Updated Jun 16
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Warner Bros. Discovery is positioning CNN and HBO as iconic brands while facing competitive pressures from Skydance Media.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- MS NOW and CNN are involved as MS NOW leverages interactive subscription models, and WBD backs CNN's digital expansion strategy.Sub-event
WBD highlights CNN and HBO as iconic brands while lagging behind Skydance in the entertainment arena.1 source
Acquisition of WBD by Skydance changes competitive landscape in Hollywood.1 source
Keep exploring
Part of
A merger places entertainment and news assets under control involving HBO and Skydance Media.Also in this story
All 3 developmentsThe entities involved
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Skydance Media
American production company based in Santa Monica, California
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HBO
American pay television network
Related events
- Paramount Skydance is acquiring CNN's parent company, Mark Thompson serves as CNN's CEO, and David Zaslav addresses media consolidation threats.
- Skydance Media is strategically evaluating rival services as an aggregator model, while also pursuing acquisitions and facing setbacks in major bids.
- Netflix and Skydance Media engaged in a bidding war for Warner Bros. Discovery, while Netflix also reportedly targeted Lionsgate Studios.
- Successful projects are utilizing major broadcast platforms, involving both Hollywood and HBO.
- Tennessee and California are competing for the major studio production base, with Skydance urged to relocate its corporate headquarters to Tennessee amid the $111 billion Warner Bros. Discovery takeover.