deal

Top Hollywood stars come out swinging against the Paramount-WBD deal in a new letter

Top Hollywood stars are speaking out against the Paramount-Warner Bros. Discovery deal. Loading audio narration… Over 1,000 Hollywood creatives published an open letter on Monday expressing “unequivocal opposition” to Paramount’s deal to buy WBD, which could close as soon as this fall if it gets regulatory approval.The Paramount-WBD tie-up “would…

The OpenAI/TBPN deal is a shocker that makes sense

Last week, OpenAI was dumping side quests: Out went Sora, its once-hyped video app. Plans to launch erotic chats were mothballed. Loading audio narration… That was then. This week, OpenAI has become a media company, by buying TBPN, the very buzzy tech-business internet talk show with a small but influential…

Uber’s deal blitz to stop a robotaxi monopoly

By Dara Khosrowshahi’s telling, the robotaxi future doesn’t belong to one company: Multiple vendors supply the fleet as driverless cars expand the market, and in the middle of it all, Uber stands as the demand gatekeeper.The ride-hailing giant’s latest deal blitz seems designed to ensure this is the future that…

Paramount won’t say whether Middle East money is funding its WBD deal

A few months ago, Larry and David Ellison’s Paramount said it had lined up big backers for its bid to acquire Warner Bros. Discovery: three Middle Eastern countries, which would contribute a total of $24 billion to help buy the media conglomerate.Now, Paramount has won the rights to WBD, after…