Warner Bros. Discovery reported streaming results that beat revenue expectations, powered by HBO Max expanding internationally and adding subscribers. Even as the company logged a major net loss linked to a termination fee tied to a Paramount Skydance merger, it says it is on track to top 150 million global subscribers this year, strengthening its push against rivals.
FCC Commissioner Anna Gomez, the lone Democratic member, is urging a rigorous national security review of foreign ownership tied to the proposed Paramount–Warner Bros. Discovery merger. She points to investments linked to Saudi Arabia, Qatar, and Abu Dhabi, arguing the FCC must scrutinize who controls key interests before approving the deal.
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Paramount Skydance chief David Ellison is directly reassuring cinema owners that the company will keep a minimum slate of 30 films annually if regulators clear its proposed $110 billion acquisition of Warner Bros Discovery. By taking the case to theater operators, Ellison is aiming to reduce concerns about fewer releases and protect box-office demand as the deal faces regulatory scrutiny.
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