Skydance (NYSE:SKYD), formerly Paramount Skydance, finalized its acquisition of Warner Bros. Discovery (NASDAQ:WBD) following the satisfaction of all regulatory approvals and closing conditions.
Gray Media (NYSE:GTN) raised its third-quarter 2026 political advertising revenue guidance to $188 million–$195 million, compared with its previous forecast of $165 million–$185 million.
Paramount Skydance (NASDAQ:PSKY) has reportedly reached a settlement with California and other states that challenged its proposed $110 billion merger with Warner Bros. Discovery, according to Bloomberg News.
National CineMedia (NASDAQ:NCMI) announced the completion of its previously announced acquisition of Captivate Holdings for an enterprise value of $275 million.
Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) shares gained after reports that Paramount Skydance was advancing settlement discussions with California’s attorney general over the proposed merger.
Sound Group (NASDAQ:SOGP) reported unaudited first-half 2026 net revenues of RMB1,690.6 million, or US$249.2 million, up 25% year over year, with net income increasing to RMB120.5 million.
Walt Disney (NYSE:DIS) and ABC sued the Federal Communications Commission to block an accelerated review of licenses covering eight ABC-owned broadcast stations.
Trump Media & Technology Group (NASDAQ:DJT) reported a second-quarter 2026 net loss of $238.1 million on revenue of $1.7 million.
Tencent Music Entertainment Group (NYSE:TME) reported second-quarter 2026 revenue of RMB8.93 billion, up 5.8% year over year.
Gray Media (NYSE:GTN) reported Q2 2026 revenue of $839 million, up 9% year over year, while adjusted EBITDA increased 27% to $214 million.
Warner Bros. Discovery (NASDAQ:WBD) reported Q2 2026 revenue of $8.72 billion, down 11%, while diluted earnings reached $0.06 per share.
Fox (NASDAQ:FOX) reported fiscal Q4 2026 revenue of $4.21 billion, up 28%, with Adjusted EBITDA reaching $1.20 billion.
