Sinclair Takeover Proposal Rebuffed By E.W. Scripps Board

Sinclair Takeover Proposal Rebuffed By E.W. Scripps Board

[ad_1] Local TV station owner E.W. Scripps said Tuesday that its board of directors has rejected an unsolicited takeover bid by larger rival Sinclair Inc. Scripps, whose assets also include the Ion broadcast network, said the board’s decision was unanimous. It followed Sinclair’s disclosure last month that it had taken an 8.2% stake in the…

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Jared Kushner’s Affinity Partners Drops Out Of Paramount Bid For Warner Bros. Discovery

Jared Kushner’s Affinity Partners Drops Out Of Paramount Bid For Warner Bros. Discovery

[ad_1] Affinity Partners, the firm founded by Donald Trump‘s son-in-law Jared Kushner, will no longer be a part of the group of investors backing Paramount‘s hostile takeover bid of Warner Bros. Discovery, a source confirmed on Tuesday. “With ​two ​strong competitors ​vying to secure ​the future ​of this ​unique American ​asset, ​Affinity ​has ​decided no longer to pursue ​the opportunity. We ​continue to ​believe ​there is a strong strategic…

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Warner Bros likely to reject US$108 billion Paramount bid, back Netflix in bidding war: sources

Warner Bros likely to reject US8 billion Paramount bid, back Netflix in bidding war: sources

[ad_1] WARNER Bros Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s US$108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer, according to sources familiar with the matter. The decision to recommit to Netflix’s buyout offer would mark the latest twist in the race…

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‘Song Sung Blue’ & ‘Predator: Badlands’ Producer John Davis On Dad Marvin, Net Points & Frank Capra’s Advice On What Works In The Movie Biz – Crew Call Podcast

‘Song Sung Blue’ & ‘Predator: Badlands’ Producer John Davis On Dad Marvin, Net Points & Frank Capra’s Advice On What Works In The Movie Biz – Crew Call Podcast

[ad_1] Producer John Davis tells it all, going back to his early beginnings of the business, his oil tycoon father Marvin Davis who owned 20th Century Fox from 1981-1984, his days as a Fox production exec of low-budget films, his mentor Frank Capra, and more. What was the best advise that Capra gave him? “Make…

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Grok spews misinformation about deadly Australia shooting

Grok spews misinformation about deadly Australia shooting

[ad_1] ELON Musk’s AI chatbot Grok churned out misinformation about Australia’s Bondi Beach mass shooting, misidentifying a key figure who saved lives and falsely claiming that a victim staged his injuries, researchers said on Tuesday. The episode highlights how chatbots often deliver confident yet false responses during fast-developing news events, fueling information chaos as online platforms scale…

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‘Final Destination: Bloodlines’ Helmers Zach Lipovsky & Adam Stein In Final Negotiations To Direct ‘The Traveler’ For Paramount

‘Final Destination: Bloodlines’ Helmers Zach Lipovsky & Adam Stein In Final Negotiations To Direct ‘The Traveler’ For Paramount

[ad_1] EXCLUSIVE: Zach Lipovsky and Adam Stein, the filmmakers behind this year’s horror smash Final Destination: Bloodlines, are in final talks to direct sci-fi drama The Traveler for Paramount, sources tell Deadline. Lipovsky and Stein are taking over the reins on the Skydance project from Lee Isaac Chung, who as we told you first, was…

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Oil settles near five-year low amid ample supply, Russia-Ukraine progress 

Oil settles near five-year low amid ample supply, Russia-Ukraine progress 

[ad_1] [DENVER] Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased. Brent crude futures settled down US$1.64 a barrel, off roughly 2.71 per cent, to US$58.92 a barrel, while US…

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