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Arched Melrose Gate with the Paramount Pictures sign at the studio lot entrance, with palm trees and a blue sky.
$52 billion in bonds and loans funded Skydance’s $110 billion Warner Bros. Discovery deal

Skydance closed its $110 billion purchase of Warner Bros. Discovery on October 6 with about $52 billion of bonds and loans. Sources differ on the mix.

Film crew operating professional cameras on a movie set
Union study shows U.S. film and TV production fell 30 points in 25 years

Six major unions released an EY report on October 5 showing production spending and jobs shifting overseas, backing a push for federal tax credits.

Close-up of a black AverMedia TV tuner remote control with numbered buttons on a white background.
Why Skydance May Bundle HBO Max and Paramount+ Instead of Merging Them

Skydance signaled it may maintain HBO Max and Paramount+ as distinct streaming brands after the October 6 merger closes, bundling them for consumers instead of merging.

A group of actors in period costume stand together near production vans, taking a break on a film set
Why the NO FAKES Act Would Create the First Federal Protection for Actors’ Likeness

Actors currently rely on a patchwork of state laws to protect their voices and likenesses from unauthorized artificial intelligence.

The Melrose Gate entrance to Paramount Pictures studio lot in Hollywood, Los Angeles, California
What Paramount’s $110 Billion Warner Bros. Settlement Requires of Studios and Unions

Paramount’s $110 billion Warner Bros. 5B in production spending and an independent news board—but the coalition fighting it says the terms don’t address consolidation concerns.

Modern multiplex cinema building with glass facades and signage
How the MPA’s ratings board decides whether a film gets R, PG-13 or NC-17

The Classification and Rating Administration rates films through parent raters who watch entire films, then vote by majority. Appeals require a two-thirds majority from industry professionals.

Paramount Pictures Melrose Gate entrance with palm trees and street sign
How the Paramount-Warner Bros. merger case tests Hollywood’s competitive structure

The combined company would control 27.9% of film production and 38.9% of pay-TV programming, triggering antitrust presumptions of illegality.