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Warner Bros. Discovery’s board of directors has determined that the revised Paramount proposal constitutes a “company superior proposal” as defined in its merger agreement with Netflix.

Total revenues at Warner Bros. Discovery slipped 7 percent year-over-year to $9.5 billion, with distribution, ad and content revenues all decreasing.

Jonathan Allan, interim CEO of Channel 4, will be leaving the organization after 15 years.

Screenwriter F. Scott Frazier (XXX: Return of Xander Cage, Double Blind) has boarded AfterShock Media and Esmail Corp’s movie adaptation of Astronaut Down for Netflix.

African Movie Channel (AMC) has revealed the launch of its 24-hour FAST channel Nolly Africa HD on Samsung TV Plus in the U.K.

In the fourth quarter, Paramount’s total revenues grew 2 percent year-over-year to $8.1 billion, while profit loss grew to $573 million, compared to a loss of $224 million in the prior year’s Q4.

Little Dot Studios has bolstered its senior leadership team with the appointments of Will Ingham as chief creative officer, Camilla Eden Davies as chief marketing officer and Dino Burbridge as interim chief innovation officer.

The second edition of MIP LONDON has come to a close after welcoming almost 2,000 delegates from 74 countries.

In partnership with V10 Entertainment, Samsung TV Plus has signed a multiyear deal with MotoAmerica to provide exclusive FAST coverage of the 2026-2027 seasons of races.

Production is underway for A Royal Wedding: A Royal in Paradise III, starring Rhiannon Fish and Mitchell Bourke, from Nicely Entertainment and Jaggi Entertainment.