Netflix declined to raise its bid for Warner Bros. Discovery, clearing the way for a higher offer from Paramount Global backed by Skydance, potentially reshaping Hollywood amid regulatory and antitrust scrutiny
CBS will cancel The Late Show With Stephen Colbert in May 2026 after nearly a decade, citing financial pressures. The decision follows Colbert's criticism of a Trump-related settlement, raising concerns over political motivations amid a shifting late-night media landscape
Viacom18, a TV18 Broadcast Limited subsidiary, is primarily owned by Reliance Industries, holding 57.48% stake through Compulsorily Convertible Preference Shares.
