UK Culture Secretary Lisa Nandy said she is considering intervention in Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery over media plurality concerns. Paramount says the deal does not pose UK plurality issues and remains on schedule.
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James Burrows, the Emmy-winning co-creator of “Cheers” and director of more than 1,000 television episodes, has died at 85. His career included landmark work on “Will & Grace,” “Friends,” “Frasier,” “Taxi” and “The Mary Tyler Moore Show.”
Fox Corp. said it plans to acquire Roku in a cash-and-stock deal that would expand its streaming and connected TV advertising business. Reports valued the transaction at $22 billion to $25 billion, and Fox said it expects the deal to close in the first half of 2027.
K.C. Pharmaceuticals recalls over 3 million eye drop bottles sold at major retailers due to sterility concerns. The FDA classifies the recall as Class II, with no reported injuries so far.