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.
Posts tagged as “Larry Ellison”
The Justice Department has approved Paramount Skydance’s roughly $110 billion acquisition of Warner Bros. Discovery, a major step toward combining two historic Hollywood studios. State regulators, entertainment workers and European Union officials continue to scrutinize the deal.
Elizabeth Holmes, founder of the now-defunct Theranos, has begun her 11-year sentence for defrauding investors of millions of dollars. Holmes was able to raise more than $700 million in venture capital funding for the company, but its technology was never able to live up to its promise and was eventually exposed as a fraud. Her conviction serves as a reminder of the consequences of fraud and the importance of due diligence when investing.