ESPN's and Fox's upcoming streaming services will be available in a $40-a-month bundle starting Oct. 2, the networks said Monday. Fox One and ESPN's streaming service both launch Aug. 21.
Fox Corp. said Tuesday its Fox One streaming service -- featuring all of Fox's news, sports and entertainment content, as well as local channels -- will launch Aug. 21 and cost $19.99 a month or $199.99 annually.
Disney's ESPN is buying the NFL Network and other NFL media assets, including its linear RedZone Channel and NFL Fantasy, in exchange for a 10% equity stake in ESPN, the NFL said Tuesday night. The pro football league said the deal will make NFL programming available on ESPN's upcoming streaming service while it also remains on MVPDs and other streaming platforms.
Disney will integrate Hulu into its Disney+ streaming service and create "a unified app experience" of entertainment, news and sports, CEO Bob Iger said Wednesday. Speaking to analysts as he announced the company's Q2 financial results, Iger said the integration into Disney+ will happen in 2026. Disney acquired Comcast's share in the streaming joint venture last month (see 2506090058). It ended its most recent quarter with 127.8 million Disney+ subscribers and 55.5 million Hulu subscribers worldwide. Disney's ESPN has also reached a deal to buy the NFL Network and other NFL media assets (see 2508060006).
Skydance Media understands that content is "king," Paramount Global Chairwoman Shari Redstone said Thursday as the company announced its Q2 financial results. Paramount's final quarterly earnings call was largely a victory lap after the market's close, with company executives thanking their teams, shareholders and one another. Skydance's purchase of Paramount is expected to close Thursday (see 2507280007). Redstone said Skydance is taking over a healthy Paramount -- something that wasn't a necessarily the expectation a year ago, given woes in linear programming. Revenue for the quarter was $6.8 billion, up 1% year over year.
Skydance Media plans to close Aug. 7 on its purchase of Paramount Global, Paramount told the SEC Friday. The FCC signed off on the transaction last week (see 2507240079).
The two companies resulting from the mid-2026 split of Warner Bros. Discovery (see 2506090024) will be Warner Bros. and Discovery Global, WBD said Monday. Warner Bros. will be home to WB properties, DC Studios and HBO, while Discovery Global will include CNN, TNT Sports in the U.S., Discovery and Discovery+, it said.
FCC Commissioner Anna Gomez said any approval of Skydance Media’s purchase of Paramount Global should be done at the full commission level. Speaking Thursday with reporters after the agency's July meeting, Gomez said Chairman Brendan Carr “is quite cognizant of my request to do so.” The chairman’s office didn’t comment.
Skydance has no diversity, equity and inclusion (DEI) programs in place today and won't establish any, General Counsel Stephanie Kyoko McKinnon pledged to FCC Chairman Brendan Carr. In a pair of letters dated Tuesday and posted Wednesday (docket 24-275), McKinnon said Paramount Global under Skydance also would do "a comprehensive review" of CBS and "make any necessary changes" to comply with its public interest obligations. McKinnon said new Paramount management would "ensure the company's array of news and entertainment programming embodies a diversity of viewpoints across the political and ideological spectrum." She said Skydance remained committed to localism. New Paramount committed to employing for at least two years an ombudsman who would report to the president of New Paramount and would receive and evaluate complaints of bias at CBS, according to the letters. McKinnon said New Paramount would no longer set numerical goals related to job applicants' or employees' gender, race or ethnicity. She said it would not have any leadership or development programs limited by race, gender or other demographics, nor would it consider DEI objectives in compensation plans. McKinnon said New Paramount would no longer set minimum spend requirements for diverse suppliers. Carr has repeatedly said the agency won't approve acquisitions involving companies practicing "invidious forms of DEI discrimination" (see 2503210049).
Skydance Media is committed to unbiased journalism and diverse viewpoints, which "will ensure CBS’s editorial decision-making reflects the varied ideological perspectives of American viewers," CEO David Ellison promised FCC Chairman Brendan Carr, according to docket 24-275 filed Friday. Recapping their meeting, Skydance said it's also committed "to promoting non-discrimination and equal employment opportunity at New Paramount, ensuring the company is fully compliant with law." That seemingly refers to Carr's pledge that the agency will block mergers based on companies' diversity, equity and inclusion practices (see 2503210049).