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5:35 PM ET, March 2, 2026

Mediagazer

 Top News: 
Jennifer Maas / Variety:
David Ellison says Paramount plans to combine Paramount+ and HBO Max into one streamer with 200M+ subscribers, but will let HBO “operate with independence”  —  Paramount Skydance plans to combine Paramount+ and HBO Max into one streaming service, upon the completion …
RELATED:
Lucas Manfredi / The Wrap:
Paramount says there are “no plans to divest or spin off a package of cable assets at this time”, after merging with WBD, creating a vast cable and TV portfolio  —  CEO David Ellison added that HBO would continue to  —  have “the resources and independence to do what it does best”
Harshita Mary Varghese / Reuters:
David Ellison says Paramount's deal for WBD will leave the combined company with ~$79B in net debt; Paramount's offer includes $47B in equity and $54B in debt  —  Paramount Skydance (PSKY.O) CEO David Ellison said on Monday its deal for Warner Bros will leave the combined company …
Peter Kafka / Business Insider:
Paramount says the Ellisons and RedBird pledged $47B in the WBD deal but won't say if Saudi Arabia, Abu Dhabi, and Qatar are funding $24B announced in December
Lucas Shaw / Bloomberg:
Q&A with Ted Sarandos on the scenario planning Netflix did before Paramount's final WBD bid, how Paramount's deal closing could lead to cuts of $16B+, and more  —  When Netflix Inc. dropped out of the bidding for Warner Bros. Discovery Inc. on Feb. 26, the news came as a surprise to many in Hollywood.
RELATED:
Dan Gallagher / Wall Street Journal:
Netflix actually won by walking away from the WBD bid, collecting a $2.8B termination fee and driving up the price and debt load of the Paramount-WBD merger
New York Times:
Sources: WBD staff are bracing for widespread layoffs as David Ellison wants $6B in “synergies”; the internal mood is grim as staff preferred Netflix's proposal
Alex Weprin / The Hollywood Reporter:
Paramount agrees to acquire Warner Bros. Discovery, paying $31 per share in cash, giving WBD an enterprise value of $110B
Sarah Perez / TechCrunch:
X announces a “Paid Partnership” label that creators can apply to their posts to indicate they're ads; until now, creators relied on hashtags to label posts  —  Social network X on Monday announced the introduction of a new “Paid Partnership” label that creators can apply to their posts to indicate they're advertisements.
Blake Brittain / Reuters:
SCOTUS declines to hear a dispute over copyrights for AI-generated material, in a case where a computer scientist was denied a copyright for AI-generated art  —  The U.S. Supreme Court declined on Monday to take up the issue of whether art generated by artificial intelligence …
Dade Hayes / Deadline:
Lachlan Murdoch says Fox News expects CNN under the Ellisons to be a “strong competitor”, but adds that “running news is hard”  —  “We have been winning, and we win amongst strong competition,” Murdoch said at the Morgan Stanley Technology, Media & Telecom Conference.
Max Tani / Semafor:
How CBS News' right-leaning, pro-Israel editorial leadership is covering the Iran crisis; Bari Weiss' outspoken approach led to her reposting false information  —  The News  —  Bari Weiss has long held a strong point of view on US policy toward Iran.  Now she's testing to what extent …
Jordyn Holman / New York Times:
Q&A with Kickstarter CEO Everette Taylor on modernizing the platform, attracting new creators, managing a fully remote, four-day-per-week workplace, and more  —  Everette Taylor took over Kickstarter at a low moment for the crowdfunding pioneer, which made its name with small projects …
New York Times:
An interview with Rick Ardon and Susannah Carr, who have helmed 7News Perth's nightly TV news for 40+ years and are the world's longest-serving news anchor team  —  On a sunny recent afternoon, Rick Ardon was having trouble picking out the right tie.  —  His first choice was vetoed as …
Discussion: @sarafischer
Ashley Carman / Bloomberg:
Inside the Podcast Business Summit and interviews with Kara Swisher, Adam Friedland, and others about how video podcasts won over audio, paywalls, ads, and more  —  The six biggest takeaways from this week's podcast business summit  —  Welcome back to Soundbite.  This week has been a doozy.
Discussion: Podglomerate and Forbes
 
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 More News: 
Michael Savage / The Guardian:
In testimony at the High Court, The Daily Mail's royal editor Rebecca English denied using a private investigator to “blag” information about Prince Harry
Discussion: UPI and Press Gazette
Jake Kanter / Deadline:
Tourettes Action, a leading Tourette's charity, criticizes an SNL sketch that used Tourette's syndrome to satirize the controversies of celebs like Mel Gibson
 Earlier Picks: 
Nieman Lab:
Q&A with Houston Chronicle executives and local creator Shawn Singh on partnering with creators, who the outlet sees as “freelancers for the digital age”
Discussion: PR Daily
Henry Dyer / The Guardian:
UK minister Josh Simons resigns over allegations that a think tank he led has probed some journalists and falsely linked them to a “pro-Kremlin” network
 

 
From Techmeme:

Bailey Lipschultz / Bloomberg:
Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, which would value the company at almost $1.77T

Katherine Blunt / Wall Street Journal:
Alphabet upsized its equity raise to $84.75B, including $35B in underwritten public offerings, up from a planned $30B; a source says it contacted ~75 investors

Carl Franzen / VentureBeat:
Google introduces Gemma 4 12B, a unified, encoder-free open multimodal model that can run locally on devices with 16GB of VRAM or unified memory
 
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