logo
From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history

From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history

Reuters2 days ago

June 9 (Reuters) - Warner Bros Discovery (WBD.O), opens new tab, home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades-long history of high-stakes mergers and breakups.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Beach Boys' Brian Wilson's torture at the hands of his rotten father and the deep turmoil before his death
Beach Boys' Brian Wilson's torture at the hands of his rotten father and the deep turmoil before his death

Daily Mail​

time5 minutes ago

  • Daily Mail​

Beach Boys' Brian Wilson's torture at the hands of his rotten father and the deep turmoil before his death

His sun-kissed songs and breezy Beach Boy bandmates formed the joyful soundtrack of a generation—a California dream that continues to resonate today. But behind Brian Wilson's musical genius lay a life shaped by trauma, mental illness, and deep personal turmoil—pain that began in childhood and surfaced even as his fame grew. Wilson endured a violent upbringing at the hands of his father, experimented heavily with drugs, and became the victim of a manipulative therapist. His brother Dennis fell into the orbit of cult leader Charles Manson. Yet despite it all, Wilson kept making music—until a dementia diagnosis finally silenced his creativity. On Wednesday, Wilson's heartbroken family announced his death at the age of 82. 'It was hard to feel happy and light when there were sad things in my head,' Wilson wrote in his 2016 autobiography I Am Brian Wilson. 'It was hard to feel free when I was tied down. 'But the only choice was to try.' And try he did – through childhood abuse, personal tragedies and battles with rampant drug use – with such success that Wilson helped create one of the most successful musical groups of all time. He battled through lawsuits, fractured relationships with family and bandmates, and a public struggle with mental illness. But he never stopped. 'Whenever I've been told to stop – by someone who thought they had power over me, by something that happened around me, by the voices in my own head – I kept going,' he wrote. Wilson was still working on music in his final years, even as his health declined and he was diagnosed with dementia. Following the death of his wife Melinda last year, he was placed under conservatorship at their home in Beverly Hills. And Wilson, himself, had spent his entire adult life sharing his music – and his pain, often openly and publicly – with the world. 'Music has always been the light in dark times,' he wrote in the final chapter of his book. The oldest of three brothers, Wilson was born in 1942 in California to Audree and Murry Wilson, an amateur songwriter who instilled his boys with a love of music but was also 'cruel' and 'violent.' 'My dad was violent. He was cruel,' Wilson wrote in his 2016 memoir. 'He drank too much and became a monster - and he didn't know how to deal with his son's fears. Whenever I got afraid, he would yell at me or slap me or call me a p****' Describing himself and brothers Dennis and Carl as 'kids who get hit,' Wilson wrote how he'd 'think of the things [their father] said always with exclamation points. 'Even if he wasn't yelling, his tone was like that.' Murry Wilson was thrilled but demanding when Wilson exhibited a particular musical aptitude and started a band with his brothers, cousin Mike Love and friend Al Jardine. But Murry 'wanted us to work all the time, and nothing we did was ever really good enough. 'He would set up our amps and scream at us to do more.' Murry Wilson started out managing the Beach Boys, though they fired him in 1964 as their star rose – and as problems began to plague Brian. He wrote in his autobiography how live performances and TV slots scared him. 'Many of my worst memories are from being nervous up there, and many others are from the things I did to keep myself from being nervous up there,' he wrote. 'Some of the drinking was because of that. Some of the drugs were because of that. 'Some of the voices in my head I heard just before I went onstage, and they didn't have anything good to say about me.' In 1964, aged 22 and newly married to a 16-year-old, Wilson had a breakdown on a flight to Houston. 'My thoughts swarmed and I blacked out,' he wrote. 'To me I blacked out. To everyone else it looked like I was screaming and holding my head in the aisle.' Wilson took a temporary break from touring. But he'd also started using drugs the same year, everything from marijuana to acid to cocaine. 'They were ways of dealing with the fact that my head wasn't right,' he wrote. 'But they didn't solve a thing. With the drugs, in fact, came very other kind of problem.' He was writing more and staying home while falling more and more into drug use. And external problems would come to plague him, too. At the end of the Sixties, Wilson's brother, Dennis, began associating with Charles Manson after getting to know two of his female followers. He raved about Manson in interviews and let members of the 'family' stay in his house; Dennis even co-wrote with the infamous killer and recorded one of his songs. He'd later try to distance himself from the Manson clan, who went on to murder victims including actress Sharon Tate; Dennis declined to testify against the killer but was privately interviewed by authorities before it was deemed his testimony was not needed. But the relationship between Brian and Dennis, also plagued by heavy substance use, would get increasingly fraught. In one instance, Dennis allegedly got Brian to buy $15,000 worth of cocaine; the older brother's former bodyguard and another later beat up Dennis, leading to a restraining order against them, writes Steven Gaines in his 1986 book Heroes and Villains: The True Story of the Beach Boys. Dennis died tragically homeless in 1983, drowning after a day of drinking. By then, Brian had been divorced five years from Marilyn, who'd given birth to the couple's two daughters, Carnie and Wendy, in the late 1960s. The marriage was unable to weather Wilson's erratic behavior and substance abuse. He'd also fallen under the control of controversial therapist Dr Eugene Landy, whom he'd first begun seeing in 1975, after the musician had ballooned in weight to 300 pounds. 'He got some results, but he went too far,' Wilson wrote. 'He was getting too involved, and then I found out what he was charging. I confronted him about it. I was pretty angry … I threw a punch and he threw one back and that was the end of it – that time, at least.' After a few years, however, Landy was called back in to again address Wilson's mental and physical health – and, as time went on, Landy began exerting more and more influence in his patient's life. That including Wilson's career, with Landy forming business partnerships with the singer and even getting producing credits – all while charging what would be millions in today's money, at times up to $35,000 a month. 'Dr Landy was a tyrant who controlled one person, and that person was me,' Wilson wrote in his book. 'He controlled where I went and what I did and who I saw and what I ate. He controlled me by spying on me. 'He controlled it by having other people spy on me. He controlled it by screaming at me. He controlled it by stuffing me full of drugs that confused me.' Landy eventually lost his license in 1989 and by the early 1990s had almost entirely left Wilson's life. The Beach Boy remarried in 1995, later adopting five children with his wife Melinda. They remained married until her death last year. Around the time of his second marriage, Wilson was also beset by lawsuits – including actions filed by his cousin and fellow Beach Boy Mike Love, who sued Wilson over claims in his 1991 memoir as well as over songwriting credits and royalties. Wilson lost both his brother Carl, who'd been a lifelong smoker, and mother Audree over a two-month period between 1997 and 1998. As the years wore on, he'd rejoin the Beach Boys for events and other shows, though even the 50th reunion tour in 2012 was marked by a public rift among members. Wilson was philosophical in his memoir four years later, recalling a talk show host in the 1970s who'd asked him 'about how I kept going through all of it: through the drugs, through the lawsuits, through the bad feelings that came up between me and the people closest to me. 'I had an answer ready,' he wrote: 'My name is Wilson … Maybe that's where I got the will.'

Artificial intelligence: Disney and Universal sue Midjourney over copyright
Artificial intelligence: Disney and Universal sue Midjourney over copyright

BBC News

time17 minutes ago

  • BBC News

Artificial intelligence: Disney and Universal sue Midjourney over copyright

Disney and Universal are suing artificial intelligence (AI) firm Midjourney over its image generator, which the Hollywood giants allege is a "bottomless pit of plagiarism".The two studios claim Midjourney's tool makes "innumerable" copies of characters including Darth Vader from Star Wars, Frozen's Elsa, and the Minions from Despicable is part of the entertainment industry's ongoing love-hate relationship with AI. Many studios want to make use of the technology but are concerned that their creations could be image generator makes images from typed requests or prompts. In the lawsuit filed in federal district court in Los Angeles, the studios gave examples of Midjourney-generated images that included Disney characters such as Star Wars' Yoda and Marvel's Spiderman, the Incredible Hulk and Iron chief legal officer Horacio Gutierrez said the firm was "optimistic" about how AI "can be used responsibly as a tool to further human creativity"."But piracy is piracy, and the fact that it's done by an AI company does not make it any less infringing," he the complaint, Disney and Universal said Midjourney made $300m (£221m) last year alone and is planning a "soon-to-be-released video service".Syracuse University law professor Shubha Ghosh said: "A lot of the images that Midjourney produces just seem to be copies of copyright characters that might be in new locations or with a new background.""It doesn't seem like they're being transformed in a creative or imaginative way."He added that there is a recognition in copyright law that creativity can build on other works as long as it adds something McCarthy, head of the IP Law Group at US law firm Hall Estill said: "No litigation is ever a slam dunk, and that is true for Disney and Universal in this case.""There are several issues such as terms of service provisions by Midjourney, and basic fair use analysis, that will need to be sorted out by the court before we can determine the likely outcome," he did not immediately respond to a BBC request for its website, the San Francisco-based startup says it has a "small self-funded team" with less than a dozen full-time refers to itself as "an independent research lab."The firm is run by David Holz, who previously founded a hardware sensor firm called Leap lists former Github chief executive Nat Friedman and Philip Rosedale, founder of Second Life, among its sees both potential upsides and downsides to was only two years ago that actors and writers shut down the entertainment industry hub with strikes demanding protections against new now AI is being used more in TV, films and video movies competing at the Oscars used AI to alter voices: Emilia Perez and The technology has also been used to de-age actors like Tom Hanks and Harrison Ford.

Beach Boys founding member breaks silence on Brian Wilson death
Beach Boys founding member breaks silence on Brian Wilson death

Daily Mail​

time17 minutes ago

  • Daily Mail​

Beach Boys founding member breaks silence on Brian Wilson death

Al Jardine is speaking out following the death of his longtime confidante and collaborator Brian Wilson at 82. 'Brian Wilson, my friend, my classmate, my football teammate, my Beach Boy bandmate and my brother in spirit, I will always feel blessed that you were in our lives for as long as you were,' Jardine said in a statement. Jardine referenced Wilson's late brothers and Beach Boys bandmates Carl and Dennis, who died respectively in 1998 and 1983. 'I think the most comforting thought right now is that you are reunited with Carl and Dennis, singing those beautiful harmonies again,' Jardine said. Jardine wrapped up with warm words for the iconic singer-songwriter, saying, 'You were a humble giant who always made me laugh and we will celebrate your music forever.' Jardine referenced the group's 1964 track The Warmth Of The Sun, saying, 'Brian, I'll really miss you…still I have the warmth of the sun within me tonight.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store