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EXCLUSIVE: Sony will not be one of those rival parties trying to shore up a better bid during Paramount Global’s “Go Shop” period following the $8 billion offer by the David Ellison’s Skydance Media. This is according to sources tonight.

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Sun Valley Sees Moguls & Governors Mingle, With Strategy, Succession & Politics In Play

July in full swing sees top media executives and an impressive political cohort gathered at a storied mountain resort to hike, chat and whitewater raft. The elixir of relaxed proximity distilled in Sun Valley’s rustic woods is credited with hatching a number of consequential deals over the decades.

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Skydance On Cost Cuts, Streaming Partnerships & Big Breakup Fee If Another Buyer “Comes Out Of The Woodwork” For Paramount

Skydance’s David Ellison, Jeff Shell, and RedBird Capital looked to woo Wall Street to their planned merger with Paramount highlighting $2 billion in running cost synergies and streaming break-even in a few years, or sooner if a partner emerges. The possibility of a tech partnership came up consistently on a webcast with Wall Street analysts today, as well as international streaming agreements in the works under Par’s current CEO trio — but no details on either.

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Diane von Furstenberg Gets Support from Karlie Kloss, Selma Blair, & More at 'Woman In Charge' Premiere at Tribeca Film Festival 2024

Diane von Furstenberg is premiering her new documentary during the opening night of the 2024 Tribeca Film Festival!

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Disney Vet Jessica Casano-Antonellis To Head Communications For ESPN-Fox-WBD Sports Streaming Venture

Jessica Casano-Antonellis, a former exec at Disney+, Hulu and Vimeo, is returning to the streaming sector as the head of communications for the new sports-centric service coming from ESPN, Fox and Warner Bros. Discovery.

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Inside the wild ‘Married With Children’ set: Gun-waving Sam Kinison once had strippers serve lunch

David Faustino took over the role of Bud. Christina Applegate initially rejected the chance to audition for Kelly because she found the script “disgusting.” After watching the pilot, she had a change of heart.With the cast assembled, the show prepared for launch with the promise of autonomy over its material.But, Fox broke its vow before the show even aired.

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Daily Beast to Be Led by Ex-Disney ABC TV Chief Ben Sherwood, Former Hearst Content Boss Joanna Coles in Deal With IAC

Todd Spangler NY Digital Editor Ben Sherwood and Joanna Coles inked a deal to lead IAC’s The Daily Beast, under which the media veterans have been granted a minority stake in the news and opinion site. Effective immediately, Sherwood — one-time president of the Disney ABC Television Group — will serve as The Daily Beast’s publisher and CEO. Coles, previously Hearst Magazines’ chief content officer, is the site’s chief creative and content officer.

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Trump Media Stock Has Dropped 50% Since It Began Trading, Cutting Value of Trump’s Stake About $2.6 Billion

Todd Spangler NY Digital Editor Shares of Trump Media & Technology Group, the company majority-owned by Donald Trump that operates the Truth Social social media network, have fallen about 50% off their high since they started trading a little over two weeks ago. TMTG stock closed at $32.59 per share Friday, rallying late in the day to close up 0.6% — but it’s down 50.7% from its peak closing price of $66.22 per share on March 27, the day after it first started trading on the Nasdaq exchange.

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Gerald M. Levin Dies: Former Time Warner CEO Who Oversaw AOL Merger Was 84

Gerald M. Levin, the former CEO of Time Warner who helped oversee its calamitous merger with AOL, died Wednesday in Long Beach, CA. He was 84.

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Daily Beast CEO Heather Dietrick Exiting to Join Lifestyle Media Company Outside

Todd Spangler NY Digital Editor Heather Dietrick, CEO of IAC‘s Daily Beast, is leaving the news and opinion website at the end of 2023, Variety has learned. Dietrick has been hired as chief media officer at Outside Interactive, whose 13 editorial brands include Outside Magazine, Backpacker, Ski, Climbing, Yoga Journal, Velo, Pinkbike and Triathlete. She will remain with the Daily Beast through the end of the year as IAC searches for her replacement.

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Jonathan Dolgen, Former Viacom Entertainment Chief and Fox Executive, Dies at 78

Brent Lang Executive Editor Jonathan Dolgen, the former head of Viacom Entertainment and a former top 20th Century Fox executive, died Oct. 9 of natural causes in Los Angeles. He was 78.

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Here are the 10 most luxurious yachts in the world — and the absurdly wealthy celebs who own them

Ritzy Charters have revealed a list of the 10 most expensive yachts afloat — and the top three are worth a whopping $1.29 billion combined, exceeding the GDP of some smaller countries.“Luxury yachts are more than just a symbol of wealth; they not only provide incredibly gorgeous views but a level of privacy to those onboard who want a sense of relaxation that you can’t get from anywhere other than chartering across oceans,” a spokesperson for the company said in a statement.Number one on the list is media magnate David Geffen’s The Rising Sun, worth a jaw-dropping $590 million.Originally owned by tech mogul Larry Ellison, the superyacht cost an estimated $200 million to build back in 2004.

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‘Airplane!’ Filmmakers David Zucker, Jim Abrahams & Jerry Zucker To Narrate Making-Of Audiobook With Jimmy Kimmel, “Weird” Al Yankovic, Sarah Silverman, Trey Parker, Barry Diller, Michael Eisner & More

EXCLUSIVE: Airplane! writer-directors David Zucker, Jim Abrahams, and Jerry Zucker are teaming up with a cast of celebrities and industry figures to chronicle the making of the influential hit 1980 comedy.

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CollegeHumor Changes Name to Dropout, as Digital Comedy Player Rebrands for Streaming

Todd Spangler NY Digital Editor CollegeHumor is dropping its collegiate moniker after nearly 25 years… to become Dropout. The company is officially rebranding from CollegeHumor to Dropout, the name of the ad-free, subscription streaming platform it launched in 2018. CollegeHumor was founded in 1999 by Josh Abramson and Ricky Van Veen — back in the days before the streaming revolution — and gained traction as a free, ad-supported comedy website.

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John Grisham, George R.R. Martin And Other Writers Join Authors Guild In Class Action Lawsuit Against OpenAI

The Authors Guild, John Grisham, George R.R. Martin, Michael Connelly, Jodi Picoult and a group of other famous fiction writers filed a class action lawsuit on Wednesday against OpenAI, claiming that their technology is infringing on their works.

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Diane von Furstenberg on Holding the DVF Awards in ‘Glamorous’ Venice and Why She Sees the City as a Woman

Ellise Shafer To Diane von Furstenberg, the city of Venice is a woman. “I’ve never wanted to be any other woman than me, right?” the iconic fashion designer and humanitarian told Variety before the 14th annual DVF Awards. “But I would love to be Venice.” Von Furstenberg estimates that she has been to the group of Italian islands every year for most of her life, a love affair that began when she first started her fashion brand in the ‘70s.

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Barry Diller Weighs In From His Yacht About The Strikes, Urging Media Companies To “Get Out Of The Room” With Netflix And Tech Giants In Order To Hammer Out A Separate Deal

Longtime media potentate Barry Diller called on media companies to “get out of the room” with tech giants and instead hammer out a separate resolution to the writers and actors strikes.

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Peter Bart: The “Club” That Used To Solve Hollywood’s Labor Problems Is Extinct. So Now What?

“To survive in Hollywood, all you need is an occasional miracle.”

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Tubi Names Former Vimeo Chief Anjali Sud CEO

Tubi has appointed former Vimeo chief Anjali Sud as CEO.

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Barry Diller Says Strikes Settlements Needed By Sept. 1, Says Execs And Stars Should Take 25 Percent Pay Cuts

Barry Diller, the former head of ABC, Fox Broadcasting Company, and Paramount and current Chairman and Senior Executive, IAC and Expedia Group, stirred the pot during an appearance Sunday on CBS talk show “Face the Nation.”

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