The jury found that Ticketmaster overcharged consumers $1.72 per ticket. Live Nation argues the up to $280 million it pledged in its settlement with the Justice Department and a handful of states will ultimately prove larger than the sum based on the jury award.
Amazon's new bundle allows Prime Video subscribers to access both Apple TV Plus and Peacock Premium Plus for a combined price of $19.99 per month, significantly lower than the separate subscription cost of $29.98.
Netflix made a deal to buy the Warner Bros side of the company—its studio and streaming businesses—late last year, but Paramount Skydance has been undeterred, aggressively pursuing what it claims to be a better offer for the entire WBD operation. After several failed attempts at a hostile takeover, WBD is considering a final Paramount offer, to which Netflix will have the opportunity to counter.
Paramount Skydance's new offer of $31 per share for WBD's entire portfolio, including its cable channels, puts the deal at roughly $111 billion. Netflix had offered $27 a share for only Warner Bros.' film studio and HBO Max, a deal worth approximately $83 billion.
The WBD Board continues to support and unanimously recommend our transaction, and we are confident that it will deliver the best outcome for stockholders, consumers, creators, and the broader entertainment community,