Alex Sherman

The unusual transaction Skydance is offering Paramount Global isn’t ideal for shareholders, but it may be better than nothing.

Walden has proven herself as a top TV executive, but some ex-Disney executives question whether her resume is suitable for the Disney CEO job.

CNBC spoke with ESPN chief Jimmy Pitaro, former Disney CEO Bob Chapek, and former ESPN President John Skipper as part of a digital documentary on ESPN’s future.

Former Disney CEO Bob Chapek spoke to CNBC about ESPN and its future in his first public comments since his 2022 firing.

Warner Bros. Discovery has paused merger discussions with Paramount Global as the company trades at a 52-week low, sources told CNBC.

Warner Bros. Discovery Chief Executive Officer David Zaslav has championed generating free cash flow for more than a year, but investors may not care.

Warner Bros. Discovery boosted free cash flow but the company fell short of analyst estimates for revenue and profit.

The key question for pay TV distributors such as Comcast, Charter and DirecTV is whether they’ll be able to offer the same sports bundle as the joint venture.

Paramount Global CEO Bob Bakish announced the company will lay off hundreds of employees Tuesday, just a day after CBS announced Super Bowl viewing records.

Investors are miscalculating the bundle’s popularity and incorrectly pricing in that local stations won’t be included, EW Scripps CEO Adam Symson told CNBC.

Disney, Warner Bros. Discovery and Fox are launching a joint sports streaming platform, but it remains to be seen how appealing it is to consumers.

In a long anticipated announcement, ESPN has set the date for the launch of its flagship direct-to-consumer streaming service for the fall of 2025.

Disney, Fox and Warner Bros. Discovery plan to launch the service as media companies move away from traditional cable viewing of sports games.

Personal and financial motivations for Shari Redstone have added complexity to discussions regarding the sale of Paramount.

The announcement came in the wake of allegations made public Thursday, of sexual assault and sex trafficking against McMahon.

Skydance has discussed acquiring National Amusements, the holding company of Paramount Global, but those talks are contingent on a larger deal, sources said.

Netflix adds WWE Raw after making only a few forays into live programming in its history.

Netflix co-CEO Ted Sarandos clarified that WWE is “sports entertainment” and not live sports.

The annual World Economic Forum is wrapping up in Davos, Switzerland, and key takeaways include predictions about a U.S. recession and AI.

The proxy battle comes as CEO Bob Iger tries to streamline the sprawling media company to rein in spending and make its Disney+ streaming platform profitable.