|
Starting on Monday, we're going to get our first major product announcements of 2026. Apple CEO Tim Cook teased a "big week ahead" with an "Apple Launch" hashtag, plus Apple has media events scheduled in New York, Shanghai, and London on Wednesday, March 4. We're expecting the iPhone 17e, an all-new low-cost MacBook, and minor refreshes to the Mac and iPad lines.
|
|
Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier today, and the historic film studio has now formally accepted Paramount's offer.
Along with the deal, which values Warner Bros. Discovery at $31 per share, Paramount is making several commitments to assuage the fears of regulators and the entertainment community. Those include a guarantee that the new company will produce 30 theatrical films annually, that theatrical releases will have a minimum 45-day window in theaters before they're brought to video on demand (something Netflix ultimately also agreed to) and that deal itself will close by Q3 2026.
This turnaround in Paramount's fortunes has happened quickly. Warner Bros. Discovery announced that Paramount's offer was superior to Netflix's on Thursday, and not long after the
|
|