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Warner Bros Discovery shareholders voted on Thursday to approve the company’s proposed $110 billion merger with Paramount Skydance. However, they also cast an advisory vote against the executive compensation packages tied to the deal. The pay plans have drawn significant criticism. Under the propose

Reed Hastings is leaving Netflix. The co-founder and chairman announced on Thursday that he will not stand for re-election at the company’s annual meeting in June. He plans to focus on philanthropy and other pursuits. The timing is anything but ideal. Netflix is searching for new growth as competiti

Tom Cruise took the stage at CinemaCon on Tuesday to introduce the first images from his upcoming film “Digger.” What theater owners saw was something they’ve never seen from Cruise before. The 63-year-old action star is transformed in the role. He plays Digger Rockwell, an eccentric oil tycoon with

Walt Disney’s new chief executive, Josh D’Amaro, announced layoffs on Tuesday as part of an effort to make the company leaner and more agile. Roughly 1,000 positions are being eliminated, according to a person familiar with the matter. The cuts span multiple parts of the business. They’ll hit the ma

Thousands of Michael Jackson fans flooded Berlin on Friday night for the international premiere of “Michael,” the highly anticipated biopic about the King of Pop. Many arrived dressed in military jackets and aviator sunglasses — paying tribute to some of the singer’s most iconic looks. The film star

The drug dealer known as the “Ketamine Queen” was sentenced on Wednesday to 15 years in federal prison. Jasveen Sangha supplied the dose of ketamine that ultimately killed “Friends” star Matthew Perry at his Los Angeles home in October 2023. Sangha, 42, pleaded guilty in September to five felony dru

Billionaire investor Bill Ackman is making his biggest move yet. On Tuesday, his Pershing Square proposed a $64 billion cash-and-shares deal to acquire Universal Music Group — the label behind Taylor Swift, Billie Eilish, and Kendrick Lamar. The offer values UMG at roughly 30.40 euros per share. Tha

Netflix made another push into gaming on Monday with the launch of a dedicated app for children. Called “Netflix Playground,” the platform features games built around beloved characters like Peppa Pig, Sesame Street, and Dr. Seuss. The app is designed for kids eight and under. It’s included in every

The high-profile lawsuit involving Prince Harry and Elton John against the publisher of the Daily Mail, with a UK judge now reviewing weeks of testimony before delivering a verdict expected in the coming months. The case, heard at London’s High Court, brings together seven prominent figures who accu

AT&T just struck a major deal to overhaul FirstNet, the federal government’s dedicated cellular network for first responders. The agreement includes roughly $1 billion in direct investment to improve the system and another $1 billion in cost savings through reduced rates. The National Telecommunicat