Media Acquisition
Staff at Warner Bros. Discovery have shifted toward supporting a potential acquisition by Netflix rather than a full takeover by Paramount Skydance, sources indicate. This change in sentiment follows initial divisions and concerns over job security and company culture. The board continues to recommend the Netflix agreement amid ongoing negotiations.
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Scott Mills, president and CEO of BET Media Group, is stepping down after more than two decades with the company. Louis Carr, BET's president of media sales, will assume the role of president, reporting to George Cheeks at Paramount Skydance. The leadership change follows the recent acquisition of Paramount Global by Skydance Media.
25 November 2025 05.55