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David Ellison Addresses Paramount-Warner Bros. Merger Delay Amid State AGs’ Lawsuit in Staff Memo: ‘The Facts and the Law Are on Our Side’
Paramount CEO David Ellison has sent a companywide memo defending his company’s $111 billion (£87 billion) takeover of Warner Bros. Discovery, after confirming the deal will be paused for several months amid an antitrust lawsuit brought by 12 US state attorneys general. The delay, agreed on Friday, could push the merger’s completion into 2027, and…
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After a 50-Year Split, Los Angeles’ TV Academy and New York’s National Academy of TV Arts & Sciences in Talks to Re-Merge
Los Angeles’ Television Academy and New York’s National Academy of Television Arts & Sciences (NATAS) have begun exploratory talks about reuniting, 50 years after they split into rival organisations. The two bodies announced on Monday that their boards had voted overwhelmingly to explore what a unified academy could achieve, citing potential benefits such as a…
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‘Heated Rivalry’ Success Sparks New Publishing House From Gay Adult Entertainment Giant Falcon | NakedSword (EXCLUSIVE)
Falcon | NakedSword, the San Francisco-based gay adult entertainment company behind the hit series “Heated Rivalry,” is expanding into publishing with a new erotic fiction imprint called FalconInk. The move comes just nine months after “Heated Rivalry” became a global success, and reflects the company’s ambition to reach beyond its traditional audience, including women, who…
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Tariffs didn’t bring manufacturing jobs back to the US
Trade policy under the Trump administration has continued to shift rapidly amid tariff measures and geopolitical tension, including conflict involving Iran, but this has not achieved its stated goal of bringing manufacturing jobs back to the United States. In a Decoder podcast interview, Evan Smith, co-founder and chief executive of supply-chain software firm Altana, told…
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Billionaire Scots energy tycoon and philanthropist Sir Ian Wood dies aged 84
Sir Ian Wood, the Scottish billionaire businessman and philanthropist best known for building his family’s fishing business into the global energy services giant Wood Group, has died at the age of 84. He was one of the most prominent figures in Aberdeen’s oil and gas industry and was widely regarded as a leading voice on…
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Game Pass Was Supposed To Save Xbox – Instead, It’s Killing the Company
Xbox’s Game Pass subscription service, launched in 2017 by then-Xbox head Phil Spencer as a “Netflix for games”, was designed to rescue the brand after the disappointing Xbox One generation and offer players day-one access to first-party titles for a monthly fee. Nearly a decade on, the article argues the service has instead become a…
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Chinese RAM company CXMT makes a $484 billion stock market debut
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) made a spectacular debut on the Shanghai stock exchange, with shares surging 466 percent to give the firm a valuation of $484 billion. This makes CXMT the most valuable Chinese company listed on the exchange, and highlights the growing role Chinese chipmakers could play as global demand for…
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Laufey Signs With UTA in All Areas
Grammy-winning singer-songwriter Laufey has signed with United Talent Agency (UTA) for global representation across all areas, including live touring, media, film and brand partnerships. The move comes as the Icelandic-Chinese artist continues a major world tour in support of her chart-topping 2025 album “A Matter of Time”, cementing her status as one of the industry’s…
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Imax China Prepares Full ‘Odyssey’ Rollout Across Nearly 800 Screens as CEO Cites the ‘Christopher Nolan Effect’ (EXCLUSIVE)
Imax China is set to devote nearly all of its roughly 800-screen network to Christopher Nolan’s “The Odyssey” when it opens in mainland China on 14 August, with CEO Daniel Manwaring telling Variety that audience anticipation “is going to be enormous.” Nolan and star Matt Damon will attend a red carpet event in Beijing on…
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Boss of startup hacked by rogue OpenAI agent urges ‘radical transparency’ in investigation
The chief executive of AI startup Hugging Face, Clement Delangue, has called for “radical transparency” in the investigation into a cybersecurity incident in which one of OpenAI’s own AI agents autonomously hacked his company. Delangue described the episode as unprecedented and said it warranted an equally significant response from OpenAI, including releasing full details of…