Paramount Global is in private discussions with other entertainment companies to explore merging its Paramount+ streaming service with an existing platform.
Deals
Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
Final Fantasy Creator Reunites With Square Enix After 20 Years—New Game Soon?
Final Fantasy creator Hironobu Sakaguchi has reunited with Square Enix after over two decades to release an enhanced version of his latest game, Fantasian.
GSK Acquires Full Rights to CureVac's COVID, Influenza Vaccines
GSK said that it was reorganizing its cooperation with CureVac, including gaining control over various vaccines they were producing together, including COVID-19 and influenza vaccines.
Paramount, Skydance Re-Negotiate Merger Deal: Report
The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.
Latest News
Boeing reportedly agreed to purchase Spirit AeroSystems for $4 billion after months of talks. The damaged Spirit AeroSystems sign is seen damaged after an EF3 tornado touched ground on April 15, 2012 in Wichita, Kansas.
Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt.
The European Union's antitrust regulators are set to scrutinize Microsoft’s $13 billion investment in OpenAI, focusing on the exclusive use of Microsoft's cloud technology and its potential impact on competition.
Time magazine has signed a multi-year content deal with OpenAI, granting ChatGPT access to its news archives, with financial terms undisclosed.
The Australian government announced that it has approved the request of ANZ to acquire the banking business of Suncorp for $3.26 billion.
Boeing is reportedly offering $35 per share to purchase Spirit AeroSystems, funded mostly with stock.
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
OpenAI is acquiring the enterprise analytics start-up Rockset, integrating its technology and team to enhance data usability and enable developers to build more intelligent applications.
UPS said that RXO will purchase its Coyote Logistics subsidiary for $1.025 billion. A United Parcel Service (UPS) driver leaves with his truck from a UPS facility that is delivering vaccines to Washington, DC, and Maryland areas March 15, 2021 in Landover, Maryland.
