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Fibre cable cut in New Jersey grounds hundreds of New York flights
A Verizon fibre-optic cable used for air-traffic control was accidentally severed by construction workers in New Jersey, causing a circuit failure and widespread disruption across the north-eastern United States. Ground stops were imposed at all three major New York City airports, leading to hundreds of cancelled or delayed flights and highlighting the aviation system’s reliance…
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Paramount Settlement Protects Pluto TV, Sets BET & Comedy Central As Potential Divesture Targets While Omitting Premium Channels & TV Studios
The antitrust settlement of state attorneys general’s lawsuit over Paramount’s merger with Warner Bros. Discovery requires Paramount to maintain an ad-supported streaming service like Pluto TV for five years. To ensure fair competition, Paramount must keep cable carriage negotiations separate from Warner Bros. Discovery’s offerings, or face mandatory divestiture of BET, VH1, and Comedy Central,…
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A cut cable disrupted hundreds of flights across the US
Hundreds of flights were cancelled or delayed across the United States on Monday following an accidental severance of a Verizon fibre cable used for air traffic control in New Jersey. The outage caused ground stops at all three major airports serving New York City, highlighting the critical dependence of aviation infrastructure on telecommunications networks. By…
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Antitrust settlement keeps Paramount and Warner Bros studios in Los Angeles
California has settled its antitrust lawsuit challenging Paramount’s $111 billion acquisition of Warner Bros. Discovery, ending months of legal opposition from Attorney General Rob Bonta. The settlement was driven largely by political pressure from Governor Gavin Newsom, who feared that prolonged litigation could cause Paramount to relocate its headquarters and hundreds of jobs out of…
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Paramount Shares Fall After Antitrust Deal, But Wall Streeters Marvel At Favorable Terms
Paramount shares fell after settlements with 12 state attorneys general and the Writers Guild of America removed major legal obstacles to its proposed $111 billion merger with Warner Bros. Discovery. Although the agreements clear the way for completion, Paramount’s chief executive said the deal could take another two weeks to close, unsettling investors and increasing…
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WGA settles antitrust lawsuit against Paramount–Warner Bros merger
The Writers Guild of America has settled its antitrust lawsuit against the Paramount–Warner Bros. Discovery merger, following a separate settlement between Paramount and 12 state attorneys general. Although the WGA continues to believe the merger could harm writers, competition and the wider entertainment industry, it said pursuing the case alone would have cost millions and…
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Paramount-Warner merger clears antitrust hurdle amid mixed Hollywood response
Paramount Skydance and Warner Bros. Discovery have cleared a significant regulatory hurdle after David Ellison reached a settlement with state attorneys general who sought to block the merger on antitrust grounds. After nearly a year of litigation that stalled development and spending across both companies, the agreement removes a major obstacle to the combination, though…
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WGA Gets No Writer Layoffs At CBS News, $17.5M For Health Fund As Guild Confirms Settlement Of Lawsuit Against Paramount-WBD Merger
The Writers Guild of America has settled its antitrust lawsuit against the Paramount–Warner Bros. Discovery merger, securing a five-year guarantee against writer layoffs at CBS News Broadcast and $17.5 million for its health fund. The guild acknowledged it could not pursue the costly litigation alone following the state attorneys general’s settlement with Paramount, though it…
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Paramount chief expects proposed Warner Bros Discovery merger to close within weeks
David Ellison, CEO of Paramount Skydance, has secured settlements with twelve state attorneys general and the Writers Guild of America, removing the principal legal obstacles to merging Paramount with Warner Bros. Discovery. The deal can now proceed toward closure, with Ellison expecting the merger to complete within approximately two weeks. This represents a significant reversal,…
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“They were so experimental and complex, they gave me the confidence to try anything”: He influenced thrash icons Metallica and Megadeth – but first prog heroes Gentle Giant influenced him
Brian Tatler, the Diamond Head leader and influential NWOBHM guitarist who inspired heavy metal icons including Metallica and Megadeth, credits prog pioneers Gentle Giant as his primary musical influence. In a 2012 interview, Tatler explains how Gentle Giant’s experimental and complex sound gave him the confidence to move beyond conventional rock and metal song structures.…