WBD News

Netflix is reportedly cutting about 1,000 jobs worldwide, representing roughly 6% of its workforce, its largest round of layoffs since 2022.The job cuts, first reported by The Wall Street Journal on Wednesday, come less than a week before the streaming giant is scheduled to release its...

Skydance distributed 470.7 million warrants, giving eligible holders one warrant per Class B share.

Netflix Reportedly Readies First Major Layoffs Since 2022, Cutting 5% Of Staff With Shares Down 42% In A Year Continued wokeness does not seem to be working out well for?Netflix, which is planning to cut about 5% of its workforce, with an announcement expected as early as next week...

Key PointsSkydance is the combination of multiple media companies over the last few years...

David Zaslav exits the Paramount Skydance, Warner Bros. Discovery merger without a job, but he has plenty of reasons to smile.read more...

The 'Squawk on the Street' crew discuss the Paramount Skydance Warner Bros. Discovery merger...

Key PointsSkydance, created when Paramount closed its purchase of Warner Bros. Discovery, has almost $70 billion in yearly revenue...

Skyfall: Fitch Downgrade Sends Legacy Paramount Bonds To Record Low As Merger Closes Last week, when we documented how Paramount's record bond offering cratered before the ink was dry, we flagged one line from the Bear Traps chat as deserving extra attention: "Paramount's existing...

Skydance Announces Board, Adding Ynon Kreiz, Laurene Powell Jobs and Bobby Kotick as Directors and Tony Blair as Advisor Skydance Announces Board, Adding Ynon Kreiz, Laurene Powell Jobs and Bobby Kotick as Directors and Tony Blair as AdvisorPR NewswireLOS ANGELES and NEW YORK, Oct. 6, 2026David...