News of Byron Allen’s $30 billion offer (including debt) for Paramount Global has restarted Hollywood’s most active parlor game: Whither Paramount and assets like its 112-year-old film studio and iconic Melrose lot? Paramount is taking Allen’s bid seriously enough, as Deadline understands it, to form a special board committee to …

Prime Video and Amazon Studios will see layoffs affecting several hundred workers, according to an internal memo this morning from SVP Mike Hopkins. In Hopkins’ memo, provided to Deadline by Amazon (read it below), he alludes to a review of the company’s business operations across all of its divisions. As …

EXCLUSIVE: With the 10th edition of the Playoff set to cap off a high-rated season starting on New Year’s Day, Disney says advertising inventory is nearly sold out for the semifinals and championship. “We have a lot of consistency with brands,” Deidra Maddock, VP, Sports Brand Solutions, Disney Advertising, told …

Las Vegas trade show CES always kicks off the new year in gadget-happy style, showcasing the innovations that will (sometimes) define the future. Alongside all of the autonomous vehicles and 8K drone cameras at this year’s January confab, something less tangible but just as significant will take up space: streaming …

After last year’s Great Netflix Correction, the streaming sector in 2023 entered a decidedly more pragmatic phase. As viewers continued to cut the pay-TV cord and increasingly look to streaming as their primary source of entertainment, subscriber levels stabilized and Netflix returned to its leadership perch after last year’s scare. …

Ken Burns, whose five decades of filmmaking have produced detailed portraits of presidents, wars, buffaloes and more, is about to take on a 21st century political lightning rod in the American Revolution. His 6-part, 12-hour Revolutionary War project, already six years in the works, is slated to come out in …

Deadpool 3, Beetlejuice 2 and Ghostbusters: Frozen Empire top Fandango‘s list of most-anticipated wide-release movies in 2024. (See the full top 10 and other charts below.) The NBCUniversal-owned digital movie brand surveyed 8,000 ticket buyers about the titles they’re most looking forward to, and also gauged their mood heading into …

UPDATED, 5:30 PM: After a three-year legal battle, a California jury today found that Google violated antitrust laws when it removed Fortnite maker Epic Games and other publishers from its app store. The jurors in San Francisco found in favor of Epic on all of the 11 claims. “Victory over …

Tributes continue to pour in after the death this week of 101-year-old television pioneer Norman Lear. Amid the celebration of and reflection on his towering legacy, a present-day realization has dawned about Lear’s singular catalog, which includes shows like All in the Family, The Jeffersons and Maude. With the exception …

Dozens of local TV stations owned by Tegna, most of them NBC and CBS affiliates, have gone dark on DirecTV in a carriage dispute. The companies failed to reach an agreement before a 5 p.m. PT deadline Thursday. The outage will immediately affect roughly 5 million customers in markets across …

A year into the run of Bob Iger 2: Return of the CEO, the Walt Disney Co. has not yet rediscovered its mojo. For most of Iger’s initial 14-year stint in the corner office, Disney was the pace-setter in media and entertainment, pulling off stunning M&A deals and amassing a …

UPDATED with key exec exit. Greg Brockman, who co-founded ChatGPT parent OpenAI and served as its president and chairman, is exiting the company in the wake of CEO Sam Altman‘s ouster. After a company statement earlier Friday indicated Brockman would remain, the exec instead expressed his support of Altman, telling …