It comes as Paramount continues to lean into high-engagement formats that deliver both broadcast scale and streaming growth.
The Don is once again shaking up the WBD takeover battle.
WBD rejects Ellison’s sweetened bid... but sets a seven-day deadline for a final offer, as Netflix is put on ice.
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More than a decade in, the format still works commercially, culturally, and cross-platform.
In total, eight staff members have been affected by the move.
The ceremony marks the first major awards broadcast of the season.
The offer puts the entire empire back on the table.