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U.S. Judge Halts Paramount–Warner Bros. Merger in Antitrust Fight
A U.S. federal court in the Northern District of California issued a 14-day temporary restraining order (TRO) blocking the $111 billion Paramount Skydance–Warner Bros. Discovery merger in a 12-state antitrust suit, freezing the deal and setting up the August 3 preliminary injunction hearing
‘The Odyssey’ Validates the Imax Economy as Asia-Pacific Drives the Format Toward a $1.4 Billion Year
The $264.1 million (approximately KRW 393.0 billion) global opening of ‘The Odyssey’ demonstrates the pricing power of premium formats, while Imax is using Asia-Pacific and local-language production to target $1.4 billion (approximately KRW 2.083 trillion) in global box office for 2026.
Dealers Bid Against Each Other for Your Car: LA Venture Capital Shifts Toward Vertical AI and Marketplace Redesign
LA venture capital is shifting away from general AI and moving toward vertical AI, marketplace redesign, and hard tech.
Netflix Posts $12.56 Billion in Q2 as 'Season 2 Slump' Sounds a Growth Alarm — and K-Content Offers Hope
Netflix posted Q2 2026 revenue of $12.56B and net income of $3.4B but shares fell nearly 9% after it guided Q3 growth to just 11.7%, as a "season two slump" stoked slowdown fears, even as Korean content reaffirmed its central role in Netflix's non-English strategy
FCC Moves to Scrap the 85-Year-Old 39% Ownership Cap — and the Industrial Language Missing From Korea's Broadcast Debate
The U.S. FCC will vote August 6 to scrap the 85-year-old 39% national broadcast ownership cap and replace it with case-by-case public-interest review while in Korea, top media group Joongang defaulted on JTBC's 20.6 billion-won debt amid regulation debate stuck not industry logic.
Record Revenue Amid a 75% Traffic Collapse: Newsweek's Second Transformation
While web traffic collapsed 75% — from 100 million to 23 million monthly readers — Newsweek is on track to cross $100 million in annual revenue for the first time in its 93-year history, completing its "Second Transformation" away from search-driven programmatic ads and toward AdPrime, Nexus
Netflix Shifts the Streaming Playbook Toward Live and Global Scale
Variety and THR point to a Netflix strategy built on live events, international commissioning and a spending moat rivals still cannot match.
Where Did the Game We All Watched Together, for Free, Go?
As sports shifts from free-and-shared to paid-and-scattered, fans pay more and universal access frays — from U.S. rights fragmentation to JTBC's Olympic monopoly.
George Lucas Embraces AI: The Director Who Keeps Inventing His Way Forward
George Lucas, 81, calls AI an irreversible next step for filmmaking and says there is nothing to be done to stop it — the long-held conviction of a director who has always built his own tools.
Paramount–Warner Deal Faces a Legal Countdown as States and Writers Move to Block It
The WGA and 12 U.S. states are seeking to block the Paramount–Warner merger, making a preliminary injunction and the Sept. 30 deadline decisive tests for the $110 billion deal.
12 States Sue to Block $111 Billion Paramount–Warner Bros. Merger
The combined studio would control more than 85% of wide-release films, the states argue — while Paramount counters that 24 jurisdictions have cleared the deal and that a delay only helps Big Tech.
The Wellness Wars: Newsrooms Chase a $2 Trillion Health Boom
Legacy media players CNN and The New York Times are racing into the $2 trillion wellness market as their next subscription growth engine, but to win over younger audiences who already get health information from influencers, they'll have to bet on creator partnerships