No Deal for Paramount-Skydance, Student Pro-Palestine Movement Blows It and NBA TV Deal Targets $76B Payout

Plus: How ‘The Fall Guy’ became ultimate David Leitch movie, Hollywood labor celebrates momentum and Competitors back Fubo against Disney-Fox-WB sports venture [Skydance Media CEO David Ellison and National Amusements President Shari Redstone]( [Paramount Lets Skydance Exclusivity Window Expire With No Deal]( By Lucas Manfredi Paramount Global’s special committee of independent directors has informed Skydance Media that it will let the exclusivity window on the two parties’ merger discussions expire with no deal ahead of a Friday evening deadline, an individual with knowledge of the matter tells TheWrap. David Ellison’s media giant has been in talks about a potential two-step deal that would see the company acquire Paramount through controlling shareholder Shari Redstone’s majority stake in National Amusements, which owns 77% of the media conglomerate’s voting stock. The second step would see Skydance and Paramount merge to create a combined company valued at around $5 billion. [Read More]( --------------------------------------------------------------- [Columbia University Issues Deadline For Gaza Encampment To Vacate Campus]( [How the Student Pro-Palestine Movement Blew It: ‘Humanitarian Aid’ and Banana Allergies]( By Sharon Waxman It’s been three weeks since students started taking over university campuses and we can now officially call it – they’ve blown it. Instead of being defined as young people driven by a principled stand against Palestinian suffering in Gaza, they’re now broadly defined as a bunch of entitled, whiny, immature kids who want their 21st century creature comforts but also every single political demand immediately. And also: the meal plan. [Read More]( --------------------------------------------------------------- [NBA TV Rights Deal Targets $76 Billion Payout – 3X the Current Pact]( By Kayla Cobb The ongoing battle for the television rights to the NBA could lead to as much as a $76 billion payout to the league – three times more than the league’s current deal – over an 11 year-term, according to Bloomberg. So far, the league has agreed to deals with the Walt Disney Company and Amazon; the Disney deal is reportedly worth $2.6 billion and year, and the Amazon deal is reportedly worth $1.8 billion annually. Though neither deal has yet to be signed and the specifics of each are being ironed out, its seems likely they will move forward. [Read More]( --------------------------------------------------------------- [Fall Guy Montage]( [How 'The Fall Guy' Became the Ultimate David Leitch Movie]( [IATSE-May-Day]( [One Year After Strikes, Hollywood Labor Celebrates Newfound Momentum]( [The Fubo Sports logo]( [Fubo CEO Encouraged by Support From Competitors in Battle Against Disney-Fox-WB Sports Venture: 'An Existential Challenge']( [Elon Musk’s Plan For AI News | Commentary]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](