Ellison plans to merge HBO Max and Paramount+ into a $110B streaming powerhouse
Paramount Chairman David Ellison outlined a plan to combine HBO Max and Paramount+ following the $110 billion Warner Bros. Discovery deal, creating a single streaming service with over 200 million subscribers. The merged entity will inherit blockbuster franchises such as Harry Potter, Lord of the Rings, Mission: Impossible and Top Gun while preserving HBO’s editorial independence.

Mychal Threets is front‑running a new Reading Rainbow reboot that has secured a 24‑episode order from Sony for broadcast and streaming. The series builds on a four‑episode digital revival released last October on Sony’s Kudzoko YouTube channel. Threets, known as “Mychal the Librarian,” brings a fresh, educational spin to the beloved children’s brand. The deal positions Sony to tap nostalgia while targeting today’s digitally native youth audience.
The National Rugby League reported a record AUS$845.6 million in revenue for 2025, a dramatic jump from AUS$100.7 million the year before. Media, merchandise and betting rights contributed AUS$520 million, while sponsorship, ticket sales and government funding grew 41% to AUS$286.7 million. Club distributions...

Anderson Cooper announced his departure from CBS's 60 Minutes after a twenty‑year tenure, prompting the program to schedule his final segment for broadcast. The piece had been delayed by production and clearance hurdles, but 60 Minutes confirmed it will air...
Apple is expanding its live Formula 1 coverage by partnering with 50 IMAX theatres and integrating the feed into DirecTV’s Apple TV bundle, letting satellite subscribers watch races without launching the app. In the UK, Barb data shows YouTube now ranks as...
Barb’s 2025 report shows YouTube viewing on UK TV sets climbing sharply, with half of children aged 4‑15 and 20% of over‑55s tuning in weekly. YouTube now accounts for 54% of its UK viewership via television, surpassing any single channel’s...

Apple announced native video podcast support on Apple Podcasts, adding HTTP Live Streaming, full‑screen playback, and offline downloads. The upgrade lets listeners switch between audio and video formats without separate uploads, matching features offered by rivals like Spotify. Apple also...

Janice Min, publisher of The Ankler, paints a bleak picture of Hollywood, likening Los Angeles to a "Detroit vibe" as media consolidation squeezes the advertising pool. In contrast, Reed Duchscher, founder of Night, announced a $70 million raise to expand his agency...
Moore Kingston Smith forecasts a modest rebound in UK media and marketing M&A in 2026 after a 23% drop to 301 deals in 2025, the slowest since the pandemic. Buyers are prioritising capability‑driven targets—especially sports, influencer, and media‑buying agencies that...

Bytedance’s Seedance 2.0 lets creators churn out Hollywood‑style short clips at unprecedented speed and cost, turning TikTok into a hub for AI‑driven IP mashups. While platforms like YouTube Shorts now earn more revenue per watch hour than traditional long‑form video,...

Major media players are deploying generative‑AI tools to accelerate film and TV production. Disney’s strategic push, backed by its partnership with OpenAI, focuses on cost reduction, while Amazon’s new Head of AI Studios aims to streamline creative workflows. ByteDance and...