In a surprising move, David Ellison’s Skydance Media is considering a $70 billion acquisition of Warner Bros. Discovery just weeks after completing a major merger with Paramount. Analysts speculate this strategy aims to consolidate media assets amidst industry instability.
Apple has announced a significant price increase for its Apple TV+ streaming service, raising the monthly fee to $12.99. This marks the third hike since its launch in 2019. Despite numerous Emmy nominations, Apple TV+ struggles to compete with leading services like Netflix and Disney+.
Disney is making headlines again as it announces another round of layoffs, impacting hundreds of employees. This drastic move reflects the company's struggle in the evolving landscape of entertainment, where streaming services dominate.
In a surprising twist, Netflix's co-CEO Ted Sarandos makes his acting debut in Seth Rogen's Apple TV+ series 'The Studio,' showcasing his humor and love for Hollywood while navigating the competitive streaming landscape.
