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Skydance is likely to walk away from its Paramount offer unless controlling shareholder Shari Redstone reaffirms her commitment following the Apollo-Sony bid.

Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

Carriage negotiations between Comcast and Diamond Sports broke down, leaving cable customers without access to Bally Sports regional networks during MLB season.

NBC Sports can license the rights to John Tesh's famous "Roundball Rock" theme song if it secures a new NBA media package, Tesh said in an e-mail.

Paramount Global CEO Bob Bakish is out, the company announced Monday, as merger negotiations with Skydance Media continue.

A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.

Comcast's streaming service Peacock will see a price increase of $2 this summer.

The regional sports network that airs Pirates and Penguins game is launching a streaming service priced at $17.99 a month.

Paramount Global reports its quarterly earnings Monday.

Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.

Comcast will report first-quarter earnings before the bell. Wall Street will be paying attention to broadband and Peacock subscriber numbers.

E.W. Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.

Disney Entertainment CTO Aaron LaBerge is leaving the company for personal reasons, according to a company memo. A search for his replacement is underway.

Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password sharing crackdown may be ending.

The NBA's exclusive window with incumbent media partners Disney and Warner Bros. Discovery will expire April 22 without a signed deal, according to sources.

McMahon resigned as executive chairman of the WWE earlier this year after a former employee, Janel Grant, accused him of sexual abuse and trafficking.

Comcast announced Wednesday it is launching NOW, a new prepaid and month-to-month streaming and phone plan aimed at lower-income customers.

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

Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners' Nelson Peltz.

Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders rejected the effort.

Vanguard has voted for Disney management ahead of Wednesday's shareholder meeting, Bloomberg News reported citing people familiar.

Private equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings for $27.50 a share.

The Disney proxy fight pits Trian Partners' Nelson Peltz against the board and CEO Bob Iger.

Steven Miron and Steven Newhouse resigned from the Warner Bros. Discovery board of directors, effective immediately.

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.

Peltz and his firm, Trian Fund Management, have asked investors to nominate him and former Disney Chief Financial Officer Jay Rasulo to the board.

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

The support from the George Lucas endorsement is key, because he's Disney's largest individual shareholder, but also because of his standing in Hollywood.

"You cannot separate sheikh and state," one Conservative member of Britain's Parliament said of the deal.