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Evan Shapiro: Ellison’s Paramount-WBD bid could leave him $85 billion in the hole

A Media War & Peace breakdown pegs the Paramount-Warner Bros. Discovery deal at $111 billion, beating Netflix’s $84 billion bid. If Oracle’s debt gets downgraded to junk, Larry Ellison’s assets freeze, jeopardizing his $40 billion cash backstop.

Signal from Media War & Peace · Evan Shapiro · read the original.

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Emmys ratings sink 10%, but Apple TV dominates with 29 wins

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Disney unwinds DTC co-presidency, hands Adam Smith sole control

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New study puts streaming tech spend at 16.4% of revenue

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