Paramount Skydance has proven its willingness to comply with President Donald Trump, but delays in closing the deal could be costly. The company is on the hook to pay Warner Bros. Discovery "a daily ticking fee equal to $0.25 per share per quarter beginning after September 30, 2026." The company also has to pay $7 billion to Warner Bros. Discovery if the deal is terminated for regulatory reasons. Netflix lost the battle for Warner Bros. Discovery, but getting a competitor to potentially overpay for the studio might be its own reward.
“These platforms were developed for adults. They were developed for adults, but kids are on them. It was never purposeful, like, what’s the product for kids? It was an afterthought, which then means we’re trying to plug holes,” Debra Boeldt, a generative AI psychologist at the family online safety company Aura, told Fortune. “A lot of these companies right now are trying to help, but don’t have the resources to put towards it, or the evidence-based, trained individuals to think about it and plan for it.”
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