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Journalist Olivia Nuzzi and Vanity Fair are severing ties.Nuzzi joined Vanity Fair in September 2025, after departing New York magazine in 2024 in the wake of revelations that she’d had a relationship with her source, Robert F. Kennedy, Jr, then a presidential candidate.The fallout from the affair has continued after Nuzzi’s ex-fiancé, former Politico correspondent Ryan Lizza, recently accused Nuzzi of additional ethical breaches.”Vanity Fair and Olivia Nuzzi have mutually agreed, in the best interest of the magazine, to let her contract expire at the end of the year,” according to a joint statement from spokespeople for Vanity Fair and…

2025-12-05T22:06:52.129Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Netflix is buying WBD assets, including HBO Max, in a media mega-deal. Warner Bros. Discovery CEO David Zaslav told staffers that “HBO Max will stay” after Netflix buys it. Netflix expects the deal will take 12 to 18 months to complete. What will happen to HBO Max after Netflix…

The critics have spoken, and the Netflix-Warner Bros. deal isn’t getting rave reviews from Hollywood insiders.Hollywood heavy hitters and rank-and-file industry workers alike have spoken out against the megadeal.”If I was tasked with doing so, I could not think of a more effective way to reduce competition in Hollywood than selling WBD to Netflix,” Jason Kilar, who previously ran Warner Bros. as the CEO of WarnerMedia, posted on X shortly after news of the deal broke.The $72 billion acquisition, which requires regulatory approval, would reshape an industry that is still reeling from the introduction of streaming services nearly two decades…

After Carl Rinsch got an infusion of $11 million from Netflix to finish his passion project —  a futuristic television series — he could sleep well at night.That’s partly because he bought a $439,000 handmade mattress on what prosecutors say was on Netflix’s dime.At Rinsch’s criminal fraud trial in Manhattan federal court on Friday, jurors heard more about the director’s spending spree from some of the people who witnessed it firsthand. His former personal assistant testified that he compared himself to a character in a movie who had 30 days to spend $30 million — or lose it all. Prosecutors also…

Logos of Netlfix and Warner Bros.ReutersThe Netflix and Warner Bros. Discovery deal came together quickly — but its path to regulatory approval may not be so speedy. Netflix stunned the media industry on Friday when it announced its proposed $72 billion deal to acquire the iconic Warner Bros. film studio and streaming service HBO Max. The combination brings together two of the most popular streaming platforms in the business. Netflix reported 300 million global subscribers as of late 2024, the last time it reported the metric. HBO Max had 128 million customers as of Sept. 30. Netflix currently claims 46%…

Warner Bros. Discovery CEO David Zaslav presented an upbeat take on the company’s new mega-merger with Netflix during a Friday all-hands with employees.”This is a big day for Warner Bros.,” Zaslav said at a company global town hall, a recording of which was obtained by Business Insider.Netflix plans to buy the Warner Bros. studio and streaming assets — which include Warner Bros., HBO, and HBO Max — in an industry-shaking $72 billion deal, the companies announced on Friday. WBD’s TV networks like CNN and TNT will be part of a spinoff in mid-2026, as the media conglomerate had originally planned.WBD’s…

Democrats pushing for 3-year extension of Affordable Care Act subsidies – CBS News Watch CBS News The Senate is expected to vote next week on legislation to extend Affordable Care Act subsidies by three years. But will the bill go anywhere? Political strategists Mariel Sáez and Matt Gorman join with analysis. Source link

Merit Systems Protection Board member Cathy Harris (left) and National Labor Relations Board member Gwynne Wilcox (right) were fired by President Trump early this year. A panel of judges at the D.C. Circuit Court of Appeals says the firings were lawful. Mike Scarcella/Reuters; FM Archive / Alamy Stock Photo hide caption toggle caption Mike Scarcella/Reuters; FM Archive / Alamy Stock Photo The D.C. Circuit Court of Appeals said in a 2-to-1 ruling that President Trump acted lawfully in firing two members of independent agencies, despite federal laws that hold they can only be fired for cause, because they wield significant…

Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025.Patrick T. Fallon | Afp | Getty ImagesThis isn’t exactly what David Ellison had planned in September. Just a few months ago, the Paramount Skydance CEO sent a letter to the Warner Bros. Discovery board of directors arguing a combination of the two media and entertainment companies made sense. That letter was the first of several that offered increasingly higher prices to acquire the company along with arguments of why the assets were better together.Paramount’s interest spurred a formal sale process — bringing…

Updated 2025-12-05T17:34:45.670Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Netflix has grown into the world’s largest streaming service with more than 300 million subscribers worldwide. It’s come out on top in the streaming wars, and now plans to acquire Warner Bros. in a $72 billion deal. Here’s a look at Netflix’s rise and what’s next. In the…