… The growth was largely driven by a new seven-year, $7.7 billion (£5.7 billion) media rights agreement with Paramount, which became UFC’s exclusive US broadcast partner from 2026. …
… ships inventory.” He added: “Given the event’s profile, which as anticipated, resulted in an approximate $30m loss, our margins at UFC as well as on a consolidated basis were meaningfully impacted.” Last year, TKO Group signed a $7.7bn (£5.7bn), seven-year contract with Paramount …
European regulators have cleared Paramount Skydance’s $110bn (£85bn) takeover of Warner Bros Discovery – though the mega-merger still faces a legal obstacle in the US. …
… Later in the hearing, Blanche took issue with Democratic Senator Cory Booker’s rapid-fire questioning about a proposed merger between two major media corporations, Paramount and Warner Bros Discovery. …
A dozen US states have joined together to block the $110bn (£85bn) merger between Warner Bros. and Paramount, claiming the largest media consolidation in Hollywood history would stifle competition and raise consumer prices. …
U.S. states concerned that Paramount’s $110 billion acquisition of Warner Bros. Discovery will hurt competition could sue to block the deal as soon as next week, two sources familiar with the matter told Reuters. …
UFC's parent company TKO Group Holdings revealed that staging the Freedom 250 event at the White House in June resulted in a loss of approximately $30 million, despite the invite-only event attracting a global audience of around 34 million viewers and being attended by about 4,300 guests including President Donald Trump and Vice-President JD Vance. The company attributed the loss to high production costs initially estimated to exceed $60 million, though it offset part of the expense through sponsorships, media exposure and commercial partnerships.
UFC's parent company TKO Group Holdings revealed that staging the Freedom 250 event at the White House in June resulted in a loss of approximately $30 million, despite the invite-only event attracting a global audience of around 34 million viewers and being attended by about 4,300 guests including President Donald Trump and Vice-President JD Vance. The company attributed the loss to high production costs initially estimated to exceed $60 million, though it offset part of the expense through sponsorships, media exposure and commercial partnerships.
Paramount Skydance chief executive David Ellison has defended the company's $110bn takeover of Warner Bros. Discovery in a New York Times op-ed, rejecting antitrust concerns by arguing the combined entity would account for less than 20% of US television watch time and would compete against tech giants with greater resources.
UFC owners lost $30m staging the invite-only Freedom 250 event at the White House in June, attended by President Trump and Vice President Vance. Despite the expected losses, the organisation saw increased revenue for the second quarter of 2026, recouping some costs through sponsorships, media exposure, and partnerships.
The European Commission cleared Paramount Skydance's $110bn takeover of Warner Bros Discovery after Paramount agreed to end its film distribution partnership with Universal Pictures in Europe within 13 months and refrain from similar ventures for 10 years. The merger remains blocked in the US, where a coalition of 12 states filed a lawsuit arguing it would harm movie theatres and cable distributors; a US judge temporarily paused the deal to allow those claims to be considered.
A US federal judge has issued a 14-day injunction halting the proposed $110bn merger between Paramount Skydance and Warner Bros Discovery, following a lawsuit by 12 US states concerned the deal would reduce competition and raise consumer prices. The judge found the states raised "serious questions" about the merger's impact on movie distribution.
Acting US Attorney General Todd Blanche faced bipartisan questioning on Capitol Hill during his confirmation hearing, where he apologized for "mistakes" in the Epstein files release and fielded questions about his personal relationship with President Donald Trump and his independence from the administration.
Twelve US states, led by California, have filed a lawsuit to block the $110bn merger between Warner Bros. and Paramount, arguing it would stifle competition and harm consumers by creating excessive media consolidation in Hollywood.
U.S. states, led by California Attorney General Rob Bonta, are considering a lawsuit to block Paramount's $110 billion acquisition of Warner Bros. Discovery, citing competition concerns. The deal would combine two of Hollywood's four major studios, and has faced opposition from actors, writers, and theatre owners who fear job losses and reduced competition.
The US Department of Justice has approved Paramount Skydance's $111 billion acquisition of Warner Bros Discovery, saying the merger is unlikely to harm competition and would likely increase competition across media and entertainment. However, the deal is not yet finalized, as states including California are reviewing the sale and could file suit to block it.
CBS News has terminated the contract of "60 Minutes" correspondent Scott Pelley, according to sources at the network, part of more than half a dozen departures from the show in recent weeks. The termination followed reports that Pelley had criticized editor-in-chief Bari Weiss over changes to the program.
Netflix announced that the romance comedy-drama Emily in Paris, starring Lily Collins, will conclude after its sixth season. The final season will pick up from season five's cliffhanger and filming has started in Greece, with additional scenes to be shot in Paris and Monaco.
Police personnel are reluctant to fly three H125 helicopters acquired in 2023 from a South African firm because they were over fifty years old at the time of purchase and have a maximum capacity of only four persons. The helicopters, which made a public appearance during Ghana's 2023 Independence Day celebration in Ho, have remained in a hangar at the National Police Training School in Accra.