NEWS ANALYSIS

Biden’s Antitrust Squeeze May Grease The Wheels For TV Deals

The Biden administration made a statement earlier this month when the Justice Department filed an antitrust lawsuit to block the $2.1 billion sale of Simon & Schuster. Merrick Garland’s body block of the deal that ViacomCBS struck with Bertelsmann’s Penguin Random House sends the message that the White House is paying attention to the pace of consolidation in media and entertainment. If the antitrust division is worried about too much concentration among owners of the oldest of mass media platforms — books — just think how the Attorney General’s watchdogs would view nuptials among two major studios or more big-name broadcast and cable assets.

NEWS ANALYSIS

Discovery Chief David Zaslav Gets In Fighting Shape For WarnerMedia Takeover

Variety Reorganizes Editorial Operations, Promotes Veteran Editors

Variety’s Cynthia Littleton Named Business Editor

Variety Dropping Daily Editon, Names Editors

Variety’s new owner has named three new editors in chief and announced the end of the paper’s daily edition, which will be replaced by a once-a-week Tuesday issue. Claudia Eller, Cynthia Littleton and Andrew Wallenstein will oversee coverage of film, television and digital content, respectively. Tim Gray, who has been with Variety for 31 years, most recently as editor-in-chief, will stay on to oversee expanded international coverage and other special projects, the paper reported.