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Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger

Cinemark Joins AMC Theatres and Regal in Supporting Paramount-Warner Bros. Discovery Merger

Cinemark has endorsed the Paramount and Warner Bros. Discovery merger, meaning all three of the country’s major movie theater chains are backing the $111 billion deal. “The enduring success of our industry requires a healthy theatrical ecosystem supported by financially sound studios and exhibitors that can effectively create, distribute and exhibit high-quality films to consumers […]
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Paramount Demands $1.88 Billion Bond from States Amid Warner Bros. Antitrust Suit

Paramount Demands $1.88 Billion Bond from States Amid Warner Bros. Antitrust Suit

Paramount Demands $1.88 Billion Bond from States Amid Warner Bros. Antitrust Suit
Reuters Reuters
Paramount seeks $1.88 billion bond from state AGs over merger lawsuit

Paramount seeks $1.88 billion bond from state AGs over merger lawsuit

By David Shepardson WASHINGTON, Aug 17 (Reuters) - Paramount Skydance on Monday asked a U.S. judge to require a dozen states challenging its acquisition of Warner Bros Discovery to post a $1.88 billion bond to address the costs of delay in completing a tie-up.
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David Heyman Signs First-Look Film Deal with Amazon MGM Studios After Exiting Warner Bros.

David Heyman Signs First-Look Film Deal with Amazon MGM Studios After Exiting Warner Bros.

David Heyman Signs First-Look Film Deal with Amazon MGM Studios After Exiting Warner Bros.
TheStreet TheStreet
Meta stock battered by threat that is hurting the social media giant

Meta stock battered by threat that is hurting the social media giant

If Meta's court loss from two weeks ago in New Mexico left the company's shareholders shaken, the court battle that is just beginning in California could turn out to be an existential crisis for the social media giant. Meta shares closed trading down 3.54% Monday, August 17, as markets seemed to ...
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Jeff Nichols Advocates for Revitalization of American Independent Film Production Amid Industry Challenges

Jeff Nichols Advocates for Revitalization of American Independent Film Production Amid Industry Challenges

Jeff Nichols Advocates for Revitalization of American Independent Film Production Amid Industry Challenges
Rapid Read Rapid Read
Meta Faces Federal Child Privacy Trial in California Over Allegations of Addictive Design

Meta Faces Federal Child Privacy Trial in California Over Allegations of Addictive Design

Meta is facing a federal trial in California where a coalition of 29 state attorneys general, co-led by California AG Rob Bonta, accuse the company of designing Instagram and Facebook to be addictive to children and violating child-privacy laws. Opening arguments began on Tuesday. New Mexico AG Raúl Torrez, who recently secured a nearly $1 billion judgment against Meta in a separate case, suggested the outcome of this trial could be "astronomical." Meta, in a court filing, estimated the states were seeking $1.4 trillion in penalties, though the states claim the figure is closer to $200 billion. The lawsuit alleges that Meta regularly collects data on children under 13 without parental consent and that the company's design features, such as infinite scrolling and constant notifications, are psychologically manipulative and designed to maximize engagement and profit.
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LionTree Advises on Hyve Group Sale to Hellman Friedman, Highlighting M Activity in Media and Tech

LionTree Advises on Hyve Group Sale to Hellman Friedman, Highlighting M Activity in Media and Tech

LionTree Advises on Hyve Group Sale to Hellman Friedman, Highlighting M Activity in Media and Tech
Variety Variety
If Paramount Leaves California, It Might Cut Costs but Wouldn’t Save on State Taxes

If Paramount Leaves California, It Might Cut Costs but Wouldn’t Save on State Taxes

Paramount is threatening to leave California if it cannot reach a deal with Attorney General Rob Bonta to allow it to acquire Warner Bros. Discovery. Puck reported the threat on Tuesday, following a similar report in Semafor last month, and adding that Paramount CEO David Ellison believes the move would save the company $500 million […]
Variety Variety
American Independent Film Production Is Dying. Jeff Nichols Wants to Save It.

American Independent Film Production Is Dying. Jeff Nichols Wants to Save It.

Jeff Nichols is not only one of cinema’s foremost chroniclers of the American South, but is doing his damnedest to revitalize the film scene in his hometown of Little Rock, Arkansas. When he brought his acclaimed film “Loving” — about the landmark Loving v. Virginia case that legalized interracial marriage nationwide — to Little Rock […]
Reuters Reuters
Exclusive-FTC probes health records giant Epic Systems, sources say

Exclusive-FTC probes health records giant Epic Systems, sources say

By Jody Godoy Aug 14 (Reuters) - Epic Systems, a healthcare database company that holds the medical records of hundreds of millions of Americans, is facing an antitrust investigation by the U.S. Federal Trade Commission, two sources familiar with the matter told Reuters.