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Paramount Skydance has notched a needed win as it continues to pursue its $111-billion deal to buy Warner Bros. Discovery.

On Wednesday, the European Commission gave its consent, allowing tech scion David Ellison’s industry-reshaping merger to move forward in the countries that make up the European Union.

Europe joins 64 other regulatory entities that have either approved the deal or chosen not to challenge it, Paramount said in a statement.

“These clearances recognize that the combination of Paramount and WBD will enhance consumer choice and enable a creative-first company to invest in more projects and bring stories to audiences worldwide,” Paramount said. “It will create a scaled media and entertainment company capable of competing with the tech companies that have come to dominate the industry.”

European regulators added just one condition: Paramount must end a partnership with Universal Pictures to share distribution of movies in Europe. Beyond that, regulators concluded that even with the proposed Paramount-Warner consolidation there were enough producers to avoid competitive harms.

“The Commission found that, at film production level, enough film studios remain as competitors,” the European Commission said in a statement. “These include other major US studios like Disney, NBC Universal … and Sony, along with smaller US studios such as Amazon MGM, A24 and Lionsgate, as well as European studios.”

But the merger would result in a “high concentration” of film distribution, the commission said, so Paramount would have 13 months to end its joint venture, United International Pictures, which distributes Paramount and Universal films to cinema owners in Europe.

Paramount must not “directly or indirectly … enter into any agreement or understanding with Universal to jointly co-distribute films” in the European countries for 10 years, the commission said.

Despite early concerns about potential dominance in the children’s television market, Paramount will not be required to divest Cartoon Network, a Warner asset, because of its ownership of Nickelodeon.

“The Commission found that streaming platforms offering children’s content will continue to act as a competitive constraint on the merged entity’s TV channels,” the agency said.

The European Commission joins regulators in Australia, Brazil, Canada, China, Saudi Arabia, Serbia and South Africa that have found the deal would not crush competition in their respective markets. Britain’s Competition and Markets Authority is still investigating the merger’s impacts.

Paramount secured the approval of the U.S. Justice Department last month. The company was hoping to close its blockbuster acquisition of Warner Bros., which owns HBO, CNN and the Burbank studios behind such popular characters as Batman, Superman, Harry Potter, Scooby-Doo, by the end of September to avoid a larger payout to Warner Bros. Discovery shareholders.

The European Commission’s approval came two days after Ellison’s firm was dealt a substantial setback.

A federal judge in Oakland on Monday issued a temporary restraining order preventing Paramount from finalizing the acquisition for at least 14 days as that antitrust case heats up. The decision came after 12 state attorneys general, led by California Atty. Gen. Rob Bonta, filed a lawsuit last week alleging the merger would violate U.S. antitrust rules.

District Judge Araceli Martínez-Olguín scheduled an Aug. 3 hearing to determine whether a longer-term pause is warranted. The states are expected to seek a preliminary injunction, which would tie up Paramount’s merger for months.

Paramount, in its statement, noted the European Commission’s conclusions “directly refute key assumptions that underpin the state AGs’ complaint seeking to block the transaction,” including whether big-budget or blockbuster films should be considered a market.

Wednesday’s approval “marks another significant milestone in bringing Paramount and Warner Bros. Discovery together,” Makan Delrahim, Paramount’s chief legal officer said in the statement. “We appreciate the Commission’s constructive engagement and thorough analysis throughout its review.”

Deal critic Alvaro Bedoya, a former Federal Trade Commission member who is now a senior adviser at the American Economic Liberties Project, offered a conflicting view.

“This is not remotely over. The United States is not Europe,” Bedoya said in a statement.

The Writers Guild of America joined the legal fray last week by filing its own antitrust complaint against Paramount, alleging the proposed union of two of Hollywood’s biggest studios would lead to fewer jobs and lower pay for writers. The WGA is also seeking an injunction.

The 37-page lawsuit filed by the state attorneys general alleges that Paramount’s proposed takeover — the largest Hollywood deal in decades — would violate the U.S. Clayton Antitrust Act, a century-old law to prevent mergers that weaken competition and raise costs for consumers.

In her order granting the states’ request for a temporary restraining order, Martínez-Olguín wrote: “The Transaction would also be difficult, if not impossible, to unwind if permitted to proceed given the anticipated consolidation of operations, sharing of business-sensitive information, and potential termination or reassignment of employees.”

Paramount faces a potential $7 billion payment to Warner Bros. should the company fail to close the transaction by next summer.

LIDL is selling a cabin suitcase in its famous middle aisle this week – but we’ve found one that’s just as good and even CHEAPER.

The AVIO Jett 45cm Cabin Suitcase on Amazon is on sale for £18.69 compared to Lidl’s £19.99 version.

AVIO Jett 45cm Cabin Suitcase – £18.69 (was £21.99) at Amazon

The Lidl case holds 10kg of luggage and fits within the size requirements of most UK-based airlines, helping you dodge those hefty oversized baggage fees.

But the Amazon dupe is cheaper and even better.

Like the Lidl bargain, the AVIO option features a secure hard shell, easy-glide wheels and fits neatly in a plane’s overhead locker.

It also comes with an extra feature that the Lidl option doesn’t have.

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It has a built-in, three-digit lock to protect your items.

This means you can lock down your zips and keep your passport, tech, and any valuables secure without needing to buy a separate padlock.

And you can’t beat the peace of mind knowing that your luggage is safe and secure when out of sight.

Amazon reviewers rate the suitcase very highly, too, giving it a 4.3/5 star rating and praising that the roomy suitcase lets you make the most of your cabin baggage allowance.

AVIO Jett 45cm Cabin Suitcase – £18.69 (was £21.99) at Amazon

One reviewer said, “These are excellent little cases. We bought them to fly with easyJet and to keep our ticket price as low as possible; these will fit easily under the seat in front.

“We were able to get a surprising amount of stuff in them for a four night stay; toilet bag (basics), 4 t-shirts, hoodie, 4 socks, 4 pants, sweatpants and Birkenstocks and some electronics and an anorak.”.

Another reviewer added, “Amazing quality, very lightweight, tires are nice. For cabin bag, its good as it gets”.

If you want to bag yourself a secure, size-compliant cabin suitcase, I’d recommend going for the Amazon option whilst it’s on sale.

Plus it’s much easier to order the dupe from your sofa than head out to Lidl to find the in-store middle isle stock.

And what’s better than pocketing the spare change from your saving to treat yourself to an ice cream once you’re on your holiday!

Prices correct at the time of publication.

The Pentagon has reached new framework agreements with three defense contractors as part of a strategy to acquire thousands of lower-cost air-launched cruise missiles in the coming years. The deals are directly in support of the U.S. Air Force’s Family of Affordable Mass Missiles (FAMM) program. The Air Force has already said that it is aiming to buy nearly 28,000 FAMM munitions in the next five years.

Under FAMM, the Air Force plans to acquire multiple types of lower-cost cruise missiles in different configurations. This will include ‘lugged’ types (FAMM-L) designed to be launched directly from hardpoints on aircraft, as well as ones intended to be employed from cargo planes via palletized munitions systems (FAMM-P). The service is also pursuing extended-range FAMM-BAR designs, with BAR here standing for “Beyond Adversary’s Reach.”

“Through [FAMM] agreements with Anduril, CoAspire, and Zone 5, the DoW will accelerate rapid validation of a new family of low-cost, air-launched cruise missiles – capabilities that will strengthen the Arsenal of Freedom,” according to a press release from the Pentagon today. “The agreements are a direct outcome of several Acquisition Transformation Strategy initiatives, including stabilizing demand signals, procuring industry-driven solutions, and maximizing flexible contracting.”

Anduril, CoAspire, and Zone 5 were also among the companies to receive framework deals from the Pentagon in May as part of plans to buy 10,000 lower-cost ground-launched cruise missiles through 2029. This is under a separate program called Low-Cost Containerized Missiles (LCCM). Leidos is part of the LCCM effort, as well. At that time, the Pentagon announced an additional agreement with Castelion regarding the production of 12,000 Blackbeard lower-cost hypersonic missiles. It’s also worth noting here that, since then, Norwegian defense contractor Kongsberg has aquired Zone 5.

“A key feature of these [FAMM] deals is the establishment of seven-year, multi-year agreements which, subject to congressional appropriations and enactment of all necessary authorizations, will be awarded upon the successful validation and competitive selection of the munitions,” today’s release adds. “The Department was granted 5-year authorization for FAMM in the Fiscal Year 2026 National Defense Authorization Act (NDAA) and is actively seeking congressional approval in the FY27 NDAA and Appropriations Bill for a 7-year multi-year procurement program to provide stability to new entrants.”

The Pentagon’s press release does not name any specific munitions.

Anduril has confirmed that its contribution will be versions of its Barracuda-500 design, and that it is aiming to start making deliveries under FAMM next year. The company will also be delivering a surface-launched version of the Barracuda-500 for the LCCM effort. Anduril first unveiled the full Barracuda family, which includes several tiers of what it calls “expendable autonomous air vehicles,” back in 2024, as you can read more about here. There are reports that at least one version of the Barracuda-500 has received an official U.S. military designation, AGM-189A.

Introducing: Barracuda-M Family of Cruise Missiles

“We joined the FAMM-L program in February 2026 and will execute the first ground and flight tests for Lug-Launched Barracuda-500M in the next several months,” Anduril noted in its release. “We completed the first successful flight test of Pallet-Launched Barracuda-500M in September 2024 and have since conducted dozens of successful flight tests that have further validated the maturity, performance, and modularity of the Barracuda-500 system, including Networked Collaborative Autonomy flights, terminal engagements, and payload performance validation testing.”

Zone 5 has also confirmed that it will be supplying its AGM-188A Rusty Dagger missile.

“By leveraging modern manufacturing and commercial technology, we are breaking the traditional cost curve, enabling the Department of War to field scalable, affordable capacity. The AGM-188 Rusty Dagger will deliver thousands of weapons per year for fighter and cargo aircraft employment but importantly without sacrificing exquisite performance,” Zone 5’s CEO Thomas Akers said in a statement. “Modern conflict has made one thing clear – the ability to rapidly scale production without sacrificing capability is critically important for air superiority. Rusty Dagger is built to deliver affordable, adaptable, highly survivable, incredibly lethal and rapidly deployable weapons that give the U.S. and our allies the ability to outpace and overwhelm evolving threats without being constrained by cost or production limitations.”

The deal with CoAspire is for that company’s Rapidly Adaptable Affordable Cruise Missile.

“The inclusion of CoAspire in this groundbreaking FAMM program multi-year agreement underscores CoAspire’s ability to revolutionize our country’s strike capabilities, offering a long-range solution that can be deployed across multiple platforms,” Doug Denneny, CoAspire’s CEO, Owner, and Founder, said in his own statement. “We, and our 56 first-tier suppliers across almost every state are excited to support the Air Force’s need to affordably procure thousands of FAMM cruise missiles over seven years. We applaud the Department’s inclusion of CoAspire as the only small business in this historic production opportunity. This is a true commitment to expand the defense industrial base while growing jobs across the US and bringing affordable cruise missile capabilities to the Air Force.”

RAACM Rapidly Adaptable Affordable Cruise Missile

Rusty Dagger and RAACM were both developed initially under the Air Force’s Extended Range Attack Munition (ERAM) program. ERAM’s main initial focus has been on delivering lower-cost air-launched strike capabilities to Ukraine. Zone 5 has previously confirmed that AGM-188A deliveries to Ukraine have begun, but it is unclear whether they are now being employed operationally. ERAM is known to be feeding into the FAMM effort, as well.

Overall, “offering both lugged and palletized variants, the FAMM provides the Air Force with flexible logistics, handling, and deployment options,” the Pentagon’s press release today notes.

“The multi-year approach utilizes firm-fixed-price contracting with a minimum quantity floor. Shares are split among all qualified vendors to ensure multiple production lines are positioned to surge,” the release further explains. “Contractors that meet or exceed production schedules will be eligible for additional procurement quantities – pending congressional appropriations – fostering a competitive environment that rewards efficiency and speed.”

These latter points highlight the fact that the FAMM program, as well as the LCCM effort, has a larger goal of addressing the critical need for strike munitions that can be produced at scale and in a cost-effective manner. TWZ has been calling attention to this broader reality for years, which has only been underscored by the latest conflict with Iran and a succession of other global crises. As we previously wrote after the announcement of the LCCM framework deals:

“Expenditures of critical air-to-surface and surface-to-surface munitions, as well as anti-air interceptors, by the U.S. military, as well as its allies and partners, in conflicts in recent years have only underscored the vital need to bolster these inventories. Demand for stand-off munitions, in particular, would be far greater in any future high-end fight against a near-peer adversary like China. That is a scenario where American forces could easily find themselves tasked to prosecute tens of thousands of targets, just in the opening phase.”

“Furthermore, existing munitions are often exquisite in design, and take months, or more often years, of lead time to produce. The Pentagon’s focus on “disruptive new entrants and commercial innovators,” rather than any of America’s long-established prime defense contractors, with its newly announced framework deals, is extremely significant in its own right. This is the latest example of a major shift away from awarding high-profile contracts to large legacy providers, helping to diversify the industrial base and promote competition. This also means moving away from companies accustomed to very long lead procurement and production arrangements.”

The Pentagon has also made clear that the FAMM framework agreements with Anduril, CoAspire, and Zone 5 do not preclude other companies from being brought into the program in the future. “The Department will also preserve competition opportunities for new vendors to be onboarded for additional quantities and new capabilities in the future as technology continues to advance,” per today’s release.

The market space for lower-cost cruise missiles has exploded in recent years in the United States and elsewhere globally. Relevant designs also occupy a space where the defining lines between these weapons and long-range kamikaze drones, as well as decoys, are increasingly blurry. Overlap between the FAMM and LCCM programs also highlights how many of these weapons are being adapted for launch from air, land, and maritime domains, which can help streamline production and supply chains, as well as offer operational benefits.

Taking deliberate steps to leave the door open to future competition reflects a larger push to avoid so-called ‘vendor lock’ in the U.S. defense contracting space. This has also been punctuated by moves to ensure greater government control of intellectual property rights and a focus on modular, open-architecture systems across major U.S. military acquisition efforts.

With the FAMM framework deals announced today, on top of the LCCM agreements back in May, the Pentagon is continuing to lay a vital foundation for the procurement of thousands of lower-cost strike munitions for years to come.

Contact the author: joe@twz.com

Cadence Design Systems (CDNS) and Synopsys (SNPS) shares sank on Friday after Chinese artificial intelligence lab Moonshot released its Kimi K3 AI model, causing investors to fear risks about the electronic design automation business.

However, BNP Paribas said it believes the

The United Kingdom’s surprising decision to buy a dozen conventional takeoff and landing (CTOL) F-35A fighters has taken another turn. According to a U.K. Royal Air Force official, “We did not buy those aircraft for their dual [nuclear] capability, we bought them for our conversion unit. At the same time, we stated we would get back into the [nuclear] role supporting NATO. The two are separate functions.”

The official, Air Vice-Marshal Jim Beck, the Royal Air Force’s Director Capability and Programs, was speaking today at the Global Air & Space Chiefs’ Conference in London. Their words were reported by Gareth Jennings, aviation desk editor at Janes.

As you can read about here, the United Kingdom announced in June last year that it would buy 12 F-35As alongside the short takeoff and vertical landing (STOVL) F-35B models it already uses.

At that point, the U.K. Ministry of Defense specifically highlighted the F-35A’s ability to join the NATO nuclear mission, which would see the jets armed with U.S.-owned B61-12 nuclear gravity bombs. The F-35B, with its smaller weapons bays, is not able to carry these weapons.

B61-12 test drop by an F-35A

“The U.K. will purchase 12 new F-35A fighter jets and join NATO’s dual-capable aircraft nuclear mission in a major boost for national security,” the U.K. Ministry of Defense announced. The ministry described this as the “biggest strengthening of the U.K.’s nuclear posture in a generation, complementing the U.K.’s existing sea-borne deterrent.”

Earlier in June 2025, the Strategic Defense Review, published by the U.K. Ministry of Defense, had suggested that the future Lightning Force could comprise a mix of F-35As and F-35Bs.

At the same time, however, the Royal Air Force had noted that the F-35As would be assigned to a training unit and would primarily be used in that role.

As the F-35A is cheaper to operate, it is considered a better option to use for training sorties, including keeping pilots current on the F-35B. The ministry said buying the 12 jets will bring a savings of 25 percent per aircraft over the F-35B.

“Day-to-day, the F-35As will be used in a training role on 207 Squadron, the Operational Conversion Unit (OCU),” the Royal Air Force said. “As the F-35A carries more fuel than the F-35B variant, it can stay airborne for longer, extending the available training time in each sortie for student pilots. As F-35As also require fewer maintenance hours, there will be increased aircraft availability on the OCU. These factors combined will improve pilot training and reduce the amount of time for pilots to reach the frontline squadrons.”

The tradeoff is that the F-35A can’t be used to train for STOVL missions, but this part of the F-35B profile can be trained in the simulator, while an F-35A training unit frees up more F-35Bs to deploy aboard the two Queen Elizabeth class aircraft carriers.

Now, the words of the Royal Air Force official today cast doubt on whether the F-35As will actually take on the nuclear strike role, something that was specifically highlighted in the U.K. Defense Investment Plan published last month.

As well as today’s underscoring of the priority of the training mission, it should be noted that the new F-35As will be based at RAF Marham, in eastern England, and it’s unclear whether the airfield retains the underground weapons vaults for nuclear bombs. Some reports suggest the vaults that existed there in the Cold War have been dismantled or even filled in completely. In the past, we speculated that the jets might have to make use of nearby RAF Lakenheath, where there is evidence that the United States has brought nuclear bombs back to the United Kingdom, for its own use.

At the same time, as we have explained in the past, while the nuclear-sharing program provides access to U.S.-owned weapons, it still requires the United States and NATO to approve their use.

U.K.-operated nuclear-capable F-35As would not offer the same sovereign capability as the Royal Navy’s ballistic missile submarines, around which the British nuclear deterrent is based.

Then there is the issue of how much training, and other resources, would have to be assigned to the nuclear mission to ensure that it could actually be executed. Certainly, this would be nothing like the Cold War era, when a handful of jets stood fully armed, round the clock, on each assigned RAF base, with their crews waiting for the alert to sound.

The reality would likely involve the unit switching to focusing on the nuclear mission in times of crisis. This raises a question about how long this would take, and to what degree it would provide a real deterrent, bearing in mind the need to spin it up to be combat-ready.

These are all questions we have asked before in relation to the U.K. F-35A’s proposed nuclear role.

Now, the Royal Air Force itself is dialing back expectations in this regard.

Ultimately, the best chance of the Royal Air Force having a meaningful dual-role nuclear mission would be to buy more F-35As. As it stands, the 12 F-35As are part of the core buy, not additional to it.

The U.K. Ministry of Defense has long said that it still expects to procure 138 F-35s over the lifetime of the program. So far, 48 F-35Bs have been delivered, and the government is committed to buying 15 more F-35Bs and the 12 F-35As for delivery by 2033.

The lack of numbers has seen the United Kingdom rely on U.S. Marine Corps F-35Bs to make up the required aircraft numbers during carrier cruises.

The F-35A argument would become much more compelling, and more cost-effective, if it were to be bought in larger numbers.

The F-35A is more capable in general, with superior range and payload, and it can maneuver at 9G, while the F-35B is cleared for 7.5G.

One unresolved issue as far as the British are concerned is the F-35A’s refueling receptacle, which is incompatible with their fleet of Voyager tankers. Modifications could provide the British F-35A with a probe, but would likely only make sense on the back of a bigger buy.

While many senior Royal Air Force officers might favor getting more F-35As, the jet is now also competing with the Global Combat Air Program (GCAP), at the center of which is the Tempest crewed stealth fighter, as well as emerging drone programs.

In the meantime, the British are struggling to find money for more basic elements of the F-35B, which still critically lacks a standoff strike capability. A report late last year found that a history of “cost-cutting” throughout the U.K. F-35 program “has caused significant problems in its use,” which have affected the jet’s “capability, availability to fly, and value for money.”

The U.K. Ministry of Defense also needs to spend more than $83 billion over the next four years to fund its  nuclear-powered submarine programs, which include a true sovereign  nuclear capability of the kind that the F-35A is unable to provide.

Contact the author: thomas@thewarzone.com

The State Department has approved a possible $2 billion deal to sell up to 20,000 Advanced Precision Kill Weapon System (APKWS II) laser guidance kits to the Kingdom of Saudi Arabia. The approval for these munitions comes as Iran is increasing attacks on nations hosting U.S. troops in the Middle East and tensions with the Houthi rebels of Yemen are heating up again. The air-to-air variant has become a critical cost effective weapon to shoot down large numbers of long-range one way attack drones and lower-end cruise missiles. Meanwhile, the air-to-ground variant provides extremely precise low-collateral strike capabilities against a wide variety of targets.

Saudi Arabia wants to buy 10,000 APKWS II air-to-air guidance sections and up to 10,000 air-to-ground guidance sections. The package includes an undisclosed number of LAU-131/A seven-shot 70mm rocket pods, Mk66 rocket motors, Mk-152 high explosive warheads and proximity fuzes.

All versions of the APKWS rocket are made up of three basic components: a laser guidance section inserted between one of a variety of warhead options and a standard 70mm rocket motor.

An air-to-air optimized variant, designated the AGR-20F and also referred to as the Fixed Wing, Air Launched, Counter-Unmanned Aircraft Systems Ordnance (FALCO), was subsequently developed. The FALCO configuration includes a proximity fuze and changes to the munition’s guidance and sensing algorithms.

The deal does not include the rockets themselves, and the State Department notice does not say on which aircraft the Royal Saudi Air Force will carry these munitions. However, they will most likely be loaded onto the RSAF’s Eurofighter Typhoon and F-15SA fighter jets.

As we have previously reported, an air-to-air APKWS capability is being rapidly added to an increasing number of U.S. military aircraft. U.S. Air ForceF-15E Strike Eagle, F-16C Viper, and A-10 Warthog combat jets are known to be cleared to employ the weapon. The USMC’s legacy F/A-18 Hornets can also now use APKWS against aerial targets. Other types, like the U.S. Navy’s F/A-18E/F Super Hornet, will likely receive the munitions too. The Eurofighter Typhoon has been recently cleared to employ APKWS, as well.

TWZ was the first to report that U.S. Air Force F-16 Vipers were employing APKWS IIs, originally designed as air-to-ground munitions, as a lower-cost option for downing Houthi drones. Today, Ukrainian F-16s are employing APKWS against Russian drones.

APKWS, The Innovation Continues

As we noted earlier in this story, this all comes as Iran has been lobbing missiles and drones across the region in response to U.S. attacks. In addition, Saudi Arabia and the Houthis recently traded strikes on airports.

“This proposed sale will support the foreign policy and national security objectives of the United States by improving the security of a Major non-NATO Ally that is a force for political stability and economic progress in the Gulf Region,” the State Department said in a release. “The proposed sale will improve Saudi Arabia’s capability to deter current and future threats by strengthening its homeland defense, and improving interoperability with U.S. forces, and other regional and NATO forces. The proposed sale will also augment Saudi Arabia’s operational aircraft and enhance its air-to-air, and air-to-ground self-defense capability. The Kingdom of Saudi Arabia will have no difficulty absorbing this equipment and services into its armed forces.”

U.S. Air Force leaders have lauded the APKWS II system.

“It’s our primary weapon against a drone,” Air Force Lt. Gen. Derek France, head of Air Forces Central (AFCENT), the service’s top command in the Middle East, told us last year on the sidelines of the Air & Space Forces Association’s 2025 Air, Space, and Cyber Conference. “We’ve had multiple shoot-downs with it.”

Since then, APKWS has become the primary weapon system used by American fighters to shoot down Iran’s long-range one-way attack munitions, doing so for just a tiny fraction of the cost of the cheapest available air-to-air missile. The Saudis have the same use case and are keenly aware of just how expensive downing drones can be via a fighter platform after years of fighting the Houthis in Yemen. You can read all about this here. The APKWS II guidance section has a unit cost between $15,000 and $20,000, with the rocket motor and warhead adding a few thousand dollars more to the full price tag. Current generation AIM-120 air-to-air missiles cost around $1 million apiece, while the AIM-9X has a price point around $450,000.

With the APKWS being nearly plug-and-play on both the F-15SA and the Typhoon, the Saudis are clearly preparing to shoot down a lot of drones far more cheaply than in the past with their current fighter force.

Contact the author: howard@twz.com

“I’ve admired Lewis for a long time and tried to sign him at previous clubs, but I wasn’t in a position to afford him.

“He’s consistently impressed us whenever we’ve watched him, but what really stood out was that the numbers backed up exactly what our eyes were telling us.”

Overall, Smith played 81 times for Livingston, scoring 12 goals, seven of them last season, and contributed 12 assists.

“Some of the performance data our recruitment department track placed him among the best wide players in the Premiership last season,” Robinson said.

“We can all overlook what’s right on the doorstep at times. Lewis has proved over several years that he can perform consistently in this league and we believe there is still plenty more to come from him.

“Dons fans can expect an energetic, attack-minded winger who is deceptively quick, works tirelessly for the team, is comfortable with either foot and carries a genuine goal threat.

“He finished as Livingston’s leading league goalscorer last season despite playing predominantly in the wide area, which tells you a lot about the attacking qualities he’ll bring.”

An “excited” Smith pointed out that he had made his Hamilton debut at Pittodrie and believes “I’ve got a lot more to give” for his new club.

Smith, who came through Accies’ youth ranks, signed a two-year contract when moving to West Lothian in 2024, but that was extended until summer 2027 after a season.

Livingston sporting director David Martindale said the sale proved their player trading model was working.

“We signed Lewis on a pre-contract when he was with Hamilton in League 1 and that’s a strategy we’d obviously like to continue going forward,” he told his club website.

“We’re in a good place at the moment and, subject to a Governing Body Endorsement, we’ll be announcing Smithy’s replacement very soon. He was identified early on in anticipation that Lewis could move.”

Smith’s arrival at Pittodrie comes on the same day Aberdeen sold striker Marko Lazetic to Armenian Premier League runners-up Noah for an undisclosed fee.

Berlin says it has agreed a deal with the United States to buy U.S.-made Tomahawk cruise missiles, providing a significant boost to Germany’s long-range strike capabilities. The move comes after the United States appeared to renege on its plan to deploy a long-range fires battalion in Germany, and as NATO allies in Europe race to enhance their conventional standoff missile deterrent against Russia.

An agreement on the sale of Tomahawk missiles to Germany was reached with U.S. officials on the sidelines of the NATO Summit in Ankara this week, German Chancellor Friedrich Merz announced after his return from Turkey.

“This will close an important strategic gap in our defense, and at the same time, we will work to develop our own European systems and station them in Europe,” Merz told the Bundestag lower house of parliament in Berlin today.

Citing German government sources, Reuters reports that a letter of intent for the procurement was signed Tuesday.

Germany had previously sought to buy Tomahawks, but these efforts had been rebuffed by Washington.

Specifically, Berlin wanted to acquire the ground-launched version of the system, with up to 400 of the latest Tomahawk Block Vb missiles, valued at more than $1 billion, according to reports.

All Block V Tomahawks are provided with a two-way datalink, allowing them to receive course correction and other targeting updates, as well as be entirely re-tasked, during flight. The Block Vb subvariant is fitted with a joint multi-effects warhead that makes it suitable for striking a wider variety of land targets.

The Tomahawk Block V has a range exceeding 1,000 miles depending on the exact configuration.

Currently, the longest-range indirect fires capability fielded by the German Army is the M270 Multiple Launch Rocket System (MLRS), known in German service as the Mittleres Artilleriraketensystem II (MARS II). The longest-range artillery rockets currently available for the system can hit targets out to around 43 miles. Germany has not received the far larger Army Tactical Missile System (ATACMS) short-range ballistic missiles that can engage threats out to 186 miles depending on the variant.

As well as the Tomahawk missiles, Germany will need to buy the Typhon launchers to deploy them. Reports in the German media suggest that a request for the launchers was already made in July 2025.

Germany had also been looking at the possibility of acquiring the naval version of the Tomahawk, to arm its planned Type 127 frigates, although these have since been canceled.

Regardless, acquisition of the Tomahawk would be a big deal for Germany.

Outside of the United States, only Australia, Japan, the Netherlands, and the United Kingdom currently use the Tomahawk. All of these export operators use the naval version of the missile, making the German development all the more significant.

Washington’s approval to sell the Tomahawk/Typhon combination to Berlin would seem to confirm that the United States won’t, after all, be sending a U.S. Army long-range fires battalion to Germany.

In May, amid something of a breakdown in relations between Berlin and Washington, triggered by German criticism of the U.S. war in Iran, the United States announced it would reduce its ⁠military presence in Germany by 5,000 soldiers.

At the same time, it was reported that the Pentagon had also decided to abandon plans to deploy the Army’s 2nd Multi-Domain Task Force (2MDTF) to Germany.

German officials moved to try to smooth things over, stating that there had been no “definitive cancellation” of the missile deployment by the United States.

First announced under the Biden administration, the 2MDTF was to start “episodic deployments” to Germany in 2026, followed by “longer-term stationing” of various types of long-range missiles in the same country. As well as Tomahawk, 2MDTF’s Typhon launchers can fire the SM-6 multi-purpose missile. In the future, they are also intended to be armed with “developmental hypersonic weapons,” like the Dark Eagle, and potentially others like the Operational Fires (OpFires) hypersonic missile and the Precision Strike Missile (PrSM) short-range ballistic missile.

With that in mind, Germany’s Typhon launchers could potentially receive some of these missiles in the future, too.

For Germany, however, the Tomahawk procurement is seen as a temporary solution until domestically (or European) developed long-range weapons become available.

For the longer term, Germany is part of the European Long-Range Strike Approach (ELSA). The initiative, led by France and also involving Italy, Poland, Sweden, and the United Kingdom, aims to develop a new long-range strike capability, potentially in the form of a cruise missile, a ballistic missile, or a combination of both.

Earlier announcements indicated that ELSA is intended to deliver a missile with a range of 1,000 to 2,000 kilometers (621–1,243 miles), with entry into service planned for the 2030s.

Separately, Germany and the United Kingdom have also unveiled plans to jointly develop a deep precision-strike weapon with a range exceeding 2,000 kilometers. However, the project remains at an early stage, with no industrial framework yet agreed.

Together, these initiatives underscore the growing determination among European NATO members to develop long-range strike capabilities in response to the increasing Russian threat along the alliance’s eastern flank.

Germany’s planned procurement of ground-launched Tomahawk cruise missiles reflects a dramatically altered European security environment following the collapse of the Intermediate-Range Nuclear Forces (INF) Treaty. Signed in 1987 at the height of the Cold War, the accord prohibited the United States and the Soviet Union — and later Russia — from deploying ground-based ballistic and cruise missiles, whether nuclear or conventionally armed, with ranges between 500 and 5,500 kilometers (310 and 3,420 miles).

Ironically, one of the weapons outlawed by the INF Treaty was an earlier ground-launched version of the Tomahawk cruise missile, the U.S. Air Force BGM-109G Gryphon, which was also deployed in Germany, not without controversy.

The treaty effectively unraveled after the United States withdrew in 2019 during President Trump’s first term, citing Russia’s deployment of the prohibited 9M729 (SSC-8 Screwdriver) ground-launched cruise missile, an allegation Moscow has consistently denied. Russia formally suspended its own participation in the agreement in 2023, removing the last legal barriers to the deployment of intermediate-range land-based missiles in Europe.

Since then, both Russia and NATO have moved to rebuild capabilities that had been absent from the continent for more than three decades. Even before its formal withdrawal, Moscow had signaled its intention to field new INF-range missiles in response to comparable U.S. deployments, while repeatedly using nuclear signaling — including high-profile exercises and explicit threats — in an effort to deter greater Western support for Ukraine.

Russia has also used the war in Ukraine to demonstrate and refine its expanding missile arsenal. In November 2024, it employed the new Oreshnik intermediate-range ballistic missile in combat for the first time. Although the version used against Ukraine carried conventional warheads, perhaps even inert ones, a nuclear-armed Oreshnik would be capable of striking most major Western European capitals and critical NATO military infrastructure.

At the same time, there are indications that Russia has employed the 9M729 operationally in Ukraine, while continuing work on additional intermediate-range strike systems, including a reported ground-launched hypersonic missile that could be based on the Zircon naval missile, or an enhanced Iskander-M ballistic missile. Russia has also reinforced its forward posture by deploying nuclear-capable Iskander missiles and  MiG-31 Foxhound aircraft armed with Kinzhal air-launched ballistic missiles to Kaliningrad in the Baltic, while transferring tactical nuclear weapons, or at least their delivery infrastructure, to neighboring Belarus.

Against this backdrop, Germany’s decision to acquire ground-launched Tomahawks is part of a broader effort to restore NATO’s long-range conventional deterrence and strike capabilities. The missiles are part of a wider European push to counter Russia’s growing inventory of intermediate-range weapons and reestablish a more credible balance of long-range conventional firepower on NATO’s eastern flank. This has become all the more important since the previous security guarantees provided to the continent by the United States are increasingly being questioned.

While we don’t yet know the numbers of Tomahawks involved, they will still likely be divorced from the reality of a high-intensity conflict. Ukraine is now striking Russia with long-range cruise missiles regularly. The numbers needed across NATO for a sustained engagement will be very high, so collectively Europe will likely only accelerate and broaden its long-range missile capabilities based on these lessons learned.

Germany’s Tomahawk procurement reflects a fundamental shift in NATO’s approach to deterrence in Europe, where long-range conventional strike capabilities are once again viewed as essential rather than escalatory. With Russia fielding new intermediate-range missiles, NATO’s relations with the United States under strain, and European allies launching their own development programs in this area, a new missile race is accompanying the changing security environment on the continent.

Contact the author: thomas@thewarzone.com

Netflix Inc. is under contract to buy Radford Studio Center, a historic Los Angeles movie studio space, for a fraction of its 2021 $1.85-billion sale price after lenders including Goldman Sachs Group Inc. repossessed the property.

The price is close to $400 million, according to two people with knowledge of the transaction, which is expected to close in the third quarter.

The Times reported in April that Netflix had plans to buy the studio property.

The one-time silent movie lot has been home to many popular TV series over the decades, including “Gunsmoke,” “Gilligan’s Island” and “Seinfeld.”

Netflix wants to consolidate its real estate footprint in one place and has been considering relocating from a group of Hollywood buildings it leases from Hudson Pacific Properties Inc. The Hudson Pacific leases expire in 2031.

Radford’s current owner, Hackman Capital Partners, defaulted on $1.1 billion of bondholder debt and turned the property over to lenders led by Goldman after it was unable to reach a refinancing deal last year. The sale will wipe out close to two-thirds of the debt.

The value of Los Angeles studio real estate has tumbled since interest rates climbed and production plummeted following strikes in 2023 by unions representing writers and actors. Landlords unaffiliated with studios, such as Hackman, have been hit particularly hard as production moved to space owned by the entertainment giants. Occupancy of L.A. soundstages fell to 62% in the first half of last year, according to FilmLA, a local permitting group.

Representatives of Goldman and Netflix declined to comment. A Hackman representative didn’t immediately provide a comment.

Netflix, which has historically leased rather than owned real estate, has stepped up investing in studio lots. It’s currently developing a $1-billion production center in Fort Monmouth, N.J. The streaming service reported $12.3 billion in cash and equivalents in its most recent quarter. Netflix was paid a $2.8-billion breakup fee by Paramount Skydance Corp., which won a bidding war for Warner Bros. Discovery Inc.

Before the recent slowdown, Hackman went on a buying spree of movie lots, banking on ever-growing demand for streaming TV production. In March, Deutsche Bank AG sued Hackman to foreclose on its Kaufman Astoria Studios in New York. Hackman-owned Television City in Los Angeles and Manhattan Beach Studios in nearby Manhattan Beach are both being marketed after lenders led by Deutsche Bank pushed for the sale, Bloomberg reported in May.

Brokerage Cushman & Wakefield Ltd. is selling the $240-million loan on the 22-acre Manhattan Beach property, which it describes in a marketing document as “one of the most strategically positioned opportunities in coastal Los Angeles, combining an institutional-quality operating asset with some of the most irreplaceable underlying land in the South Bay.”

The Radford Studio lot was only 71% leased as of March, according to mortgage filings.

Gittelsohn writes for Bloomberg.

Fox Corporation has agreed to acquire the streaming platform Roku Inc. in a deal valued at $22 billion, the companies announced Monday.

The deal will combine the Murdoch family’s media assets, which include its news, sports and broadcast channels, with the San Jose-based streaming platform that reaches 100 million consumers globally.

The acquisition would give Fox access to consumer households at a time when the traditional pay-TV universe continues its slow decline as viewers move away from cable and satellite services to video streaming. Fox already owns the free ad-supported streaming service Tubi, which recently became profitable.

“This is a defining moment for Fox and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade,” Fox Corp. Executive Chair Lachlan Murdoch said in a statement.

By owning Roku, Fox gets access to data from the 100 million households connected to the service, which can be used to better target audiences with advertising. The combination would also make Fox less dependent on traditional pay TV platforms for the distribution of its channels.

According to Nielsen data, 21% of all internet-connected TV viewing comes through Roku. The Roku Channel, which carries 500 ad-supported streaming networks, accounts for 3% of all TV viewing.

An image of a Roku branded TV.

(Roku)

Research firm Emarketer projects ad revenues of $3.57 billion for Roku this year, up 19% from last year.

Lloyd Grief, chief executive of the Los Angeles investment bank Greif & Co., said Roku would have been challenged to compete against far better capitalized competitors in the streaming business and that a sale was “inevitable.”

For Fox, the proposed deal makes them a larger player in the digital advertising business. Emarketer senior analyst Ross Benes said the Roku business will “more than double,” the company’s revenues in that area.

“It remains to be seen how well the combination of a digitally innovating streaming company will mesh with a media conglomerate rooted in legacy assets,” Benes said.. “But the strategy makes sense and it jibes with the continual consolidation that’s occurring in streaming.”

Fox sold its TV and movie production assets to Walt Disney Co. in 2018. Rather than invest heavily in scripted entertainment to compete with emerging streaming companies, Fox decided to concentrate on sports and news.

The Roku deal will put Fox deeper into the distribution network. Over its history, the company has held stakes in satellite TV provider DirecTV and Sky TV.

The companies said they are committed to keeping Roku as a “partner-friendly” platform that carries program services that compete with Fox. Brian Wieser, a consultant at Madison and Wall said that might require some convincing.

“Other content owners may still need Roku’s distribution, but they may be less comfortable with the idea that one of their competitors controls an increasingly important part of the streaming interface,” Wieser wrote in his note on the proposed deal.

Roku shareholders will receive a combination of cash and Fox Corporation stock valued at $160 a share.

The companies say they expect cost savings of $400 million in the combined entity.

Roku was founded in 2002 by Anthony Wood, a British digital entrepreneur. The company launched a streaming device, the Roku player, in 2008. Within six years, the company sold more than 10 million devices, as the popularity of streaming video rapidly grew.

Fox Corp. shares were down 10 to 15% on news of the deal, trading around $55.57 Monday morning. Roku shares were down slightly to $142.

Times staff writer Wendy Lee contributed to this report.

After reportedly losing dozens of MQ-9 Reaper drones while battling Iran, the Air Force on Friday confirmed to TWZ that it is planning to purchase an undisclosed number of unused ones from General Atomics, who made the aircraft. The company, however, said it has less than 10 of these drones to offer, and it remains unclear where else the Air Force can find more.

All of this continues to raise serious questions about the Air Force’s near-term ability to plug gaps left by the losses fighting against Iran and in other recent operations in and around the Middle East. The downed Reapers have a reported combined value of about $1 billion.

Furthermore, despite the top Air Force officer recently praising Reaper as “perhaps the most valuable player” in the air war against Iran, the aircraft have been in the crosshairs of service officials. They have openly questioned the drone’s survivability and, by extension, general value in future operations. The Air Force has made several half-hearted efforts, without success, to find a successor. It is now in the early stages of a new attempt at acquiring an “MQ-9 Next.” You can read more about that effort in our story here.

It will be years, if ever, before “MQ-9 Next” comes online. Meanwhile, the search is on for existing replacements.

“The USAF intends to purchase several unused MQ-9A Block 5 from GA-ASI [General Atomics Aeronautical Systems, Inc.],” a spokesperson for the service told TWZ today. “A number of MQ-9A Block 5 aircraft were manufactured based on forecasted purchases for other customers but are no longer needed. The available aircraft are currently GA-ASI owned aircraft.”

“The USAF has received funds to begin the acquisition process,” they added.

The Air Force was responding to our questions about congressional testimony from a top officer highlighting the service’s plans to backfill the combat losses. 

“We’re looking at options to buy back as many of the MQ-9As as we possibly can right now,” Air Force Lt. Gen. David Tabor, Deputy Chief of Staff for Plans and Programs, had told members of Congress at a hearing back on May 13. “So there’s a bit of a short-term effort to buy back things immediately, in this fiscal year.”

Tabor also said at that time that the Air Force’s total MQ-9A fleet had shrunk to 135 aircraft. Official budget documents say the Air Force had 165 Reapers in inventory as of the start of Fiscal Year 2026, which began on October 1 of last year. This had already marked a significant year-over-year decrease, down from 231 MQ-9As at the beginning of Fiscal Year 2025.

Despite Air Force needs, General Atomics told us the number of available Reapers is in short supply.

“Between parts in stock for new builds, and company-owned Reapers with some number of flight hours on them, there are less than 10 total ‘new’ MQ-9As available to any customers anywhere in the world,” General Atomics spokesperson C. Mark Brinkley told TWZ earlier this week. “There are some number of decommissioned Reapers out there, and some number of those could potentially be brought back into service.”

One place the Air Force won’t be able to find any Reapers is in storage. 

“The 309th Aerospace Maintenance and Regeneration Group (The Boneyard) has zero MQ-9s in storage nor have they ever regenerated a MQ-9 back into service,” the spokesperson told us.

The MQ-9A is out of production. General Atomics has moved on to the MQ-9B, and currently offers those drones in multiple configurations. Though an evolution of the original Reaper, the core B model design differs in significant ways from its predecessor. Any new Air Force purchases of drones in this broader family would have to be of the B model and worked into the existing production schedule.

How many MQ-9As the Air Force has lost in operations in and around the Middle East since January 2025 is unclear, but is understood to be substantial. As of May, “nearly 30 MQ-9 Reapers have been lost in the course” of Operation Epic Fury against Iran, Air & Space Forces Magazine reported, citing “people familiar with the matter.” This is on top of dozens of Reapers reportedly downed while conducting operations targeting Iranian-backed Houthi militants in Yemen in the past year or so.

At the hearing last month, Tabor did not provide any official accounting of Reaper losses, but did acknowledge that “we are concerned about how they’ve attrited.”

In another effort to bolster the supply of operational Reapers, the Air Force told us that while it never regenerated MQ-1 Predator drones back into service, it was repurposing parts from these aircraft that the service stopped using in 2020. There were dozens on hand after they were retired.

More than 50 were sent to the 309th Aerospace Maintenance and Regeneration Group (AMARG) “and heavily cannibalized for spare parts for the MQ-9 aircraft,” the spokesperson told us.

Questions about the status of the MQ-1 fleet arose last week after U.S. Central Command (CENTCOM) acknowledged the loss of an “MQ-1” drone to Iranian fire. This has led many to question whether American forces are flying the venerable Predator again as a result of the Reaper losses.

At the time, the Air Force declined to say if it lost any of theirs and referred us to CENTCOM, which declined comment. However, on Friday, the Air Force told us that in addition to the Predators being used for parts, 20 had been transferred to the Navy. We reached out to them for comment. 

As we previously noted, it is also very possible, if not likely, that the uncrewed aircraft in question was an MQ-1C Gray Eagle, a related but different design still in active U.S. Army service. You can read more about this event in our original story here.

At the time of the incident, CENTCOM declined to tell us which variant of the MQ-1 was lost.

Regardless, the Air Force’s mad scramble to find additional Reapers highlights the value of having a high-flying, long-loitering drone that can gather intelligence and fire off munitions, no matter how slow it flies.

Contact the author: howard@twz.com

On Wednesday, the US Department of War confirmed it had awarded Dell Federal Systems, the government-focused unit of Dell Technologies, a five-year, $9.7 billion (€8.3bn) contract to supply the Pentagon.

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As part of the Core Enterprise Technology Agreement (CETA), a Pentagon-wide Microsoft licensing and software procurement framework, the company will provide and manage Microsoft software licences, cloud subscriptions and on-premises software licensing across the US military, intelligence agencies and the US Coast Guard.

Dell Technologies’ shares were up around 5% in pre-market to $320 due to the announcement after closing Wednesday’s session at roughly $305.

The company is set to report its earnings for the first quarter of this year on Thursday, with analysts from Zacks Investment Research forecasting revenues of approximately $35 billion (€30bn), representing annual growth of about 50%.

According to US DoW Chief Information Officer Kirsten Davies, who briefed reporters at the Pentagon, the CETA is expected to save the department roughly $422 million (€360.9mn) annually by consolidating fragmented technology budgets from across the military services into a single purchasing structure.

The contract was granted less than three weeks after US President Donald Trump stood at a White House event and urged Americans to “go out and buy a Dell. They’re great.”

Davies and acting US Navy Chief Information Officer Barry Tanner were both clear that the award followed a competitive process.

“The vendors were all evaluated based on competition, comparison to GSA schedule pricing and overall chain of value to the department,” Tanner noted.

Dell holds a long-standing commercial partnership with Microsoft and is one of its major buyers of Windows licences. Nonetheless, the contract arrives at the culmination of a period of visible alignment between CEO Michael Dell and the Trump administration.

In December 2025, Dell and his wife Susan appeared alongside Trump at the White House to announce a $6.25 billion (€5.3bn) donation to “Trump Accounts,” a tax-advantaged investment programme for children created under the “One Big Beautiful Bill”.

The pledge will provide $250 (€214) to roughly 25 million American children aged 10 and under from households with a median income below $150,000 (€129,000) and was described by Invest America, the nonprofit organisation spearheading the initiative, as the largest ever private commitment devoted to American children.

Michael Dell also sits on Trump’s Council of Advisors on Science and Technology, informing public policy regarding the economy, public health, national security, energy and emerging technologies.

The convergence of public presidential endorsements and subsequent federal contract awards is attracting scrutiny beyond Dell.

Financial disclosures released this month by the US Office of Government Ethics showed that investment accounts associated with President Donald Trump held Dell Technologies shares during the first quarter of 2026. The disclosures indicate some purchases were made before Trump publicly praised the company at a White House event.

The Trump Organisation has said the accounts are managed independently by third-party financial institutions and that neither Trump nor his family directs individual trades.

Last week, responding to questions about Trump’s financial disclosures at a White House briefing, Vice President JD Vance said the president’s investments are handled by independent wealth advisers and rejected suggestions that Trump personally directs individual stock trades. “He’s not making these stock trades himself,” Vance said.

Commentators and ethics critics have also pointed to trading activity involving companies such as Intel and Palantir, whose shares have at times moved sharply following public comments by Trump or announcements linked to government technology spending.

The Pentagon has said Dell’s selection followed a competitive procurement process.

Even so, the timing of the award alongside Trump’s public praise of the company and financial disclosures showing investments linked to Dell is likely to draw renewed scrutiny from ethics observers and political critics.

Is Paramount making a Tony Soprano move?

David Ellison’s media company appears to be girding for a big battle with California Atty. Gen. Rob Bonta and fellow state attorneys general who may team up to file a lawsuit aiming to block Paramount’s proposed $111-billion takeover of Warner Bros. Discovery.

Last week, Paramount hired powerhouse antitrust attorney Jeffrey Kessler to help defend its proposed takeover of Warner, which owns CNN, TBS, HBO and the prestigious Burbank film and television studios.

Kessler — co-executive chairman of Winston & Strawn in New York — is one of the nation’s top antitrust lawyers. He most recently led the state attorneys’ case against concert promoter and ticketing firm Live Nation, resulting in a monumental win for the states, including California.

Now Kessler may be on the opposite side, potentially going after the government to help Paramount build a behemoth that would include CNN and CBS News, two historic film studios and four streaming services.

The states have not indicated whether they plan to go to court to block Paramount’s takeover of Warner, but Bonta has said Ellison’s proposed consolidation, which is widely expected to lead to layoffs, is problematic.

Paramount declined Tuesday to discuss Kessler’s remit. Kessler was not immediately available for comment.

Hiring an attorney who is more commonly aligned against big companies prompted at least one observer to postulate that Paramount could be angling to remove a big name from the legal chessboard to prevent him from joining the other side, in the vein of TV mob boss Tony Soprano.

During the HBO show’s fifth season, Soprano spent months consulting with top divorce attorneys, creating a potential conflict of interest that prevented those lawyers from representing his wife Carmela in the dispute.

Attorney Jeffrey Kessler arrives at federal court in Oakland in a file photo.

(Noah Berger/Associated Press)

Kessler also knows the ins and outs of a courtroom as well as antitrust settlements, which could benefit Paramount as it seeks to avoid a bruising court challenge.

More than 5,000 artists and other entertainment industry workers already have signed an open letter that urges Bonta to take action to upend the Paramount and Warner Bros. deal.

Ellison and his team have vowed to make $6 billion in cuts following the merger. The combined company would have to contend with $79 billion in deal debt.

Adding Kessler comes as state attorneys general have been taking a more aggressive role in waging anti-trust fights. Many believe the U.S. Justice Department has been sitting on the sidelines to allow deals favored by President Trump to sail through their legally mandated regulatory reviews.

Trump favors Paramount’s takeover of CNN and other Warner properties.

Paramount Chief Legal Officer Makan Delrahim has made several savvy tactical moves since joining Ellison’s Melrose Avenue firm last fall.

Delrahim, who was Trump’s antitrust chief during his first term, filed paperwork to win the U.S. Justice Department’s blessing in December — soon after Netflix had clinched the bidding war for Warner Bros.

Netflix ultimately bowed out of the auction in late February. And Delrahim’s move gave Ellison’s Paramount a head start in the regulatory approval process.

The company is waiting for confirmation that the Justice Department will consent to its Warner Bros. purchase. It is separately responding to issues raised by regulators in Europe.

It’s not clear when Bonta or his fellow attorneys general might decide whether to bring a case against Paramount, although the deadline is approaching because Ellison wants to get his deal wrapped up by September.

Attorneys general also could opt for negotiating a settlement agreement with Paramount, which might be willing to bend to concessions to get the deal approved.

Bonta is leading a challenge against another big merger — TV station owner Nexstar Media Group’s $6.2-billion purchase of rival company Tegna Inc. Nexstar owns KTLA-TV Channel 5 in Los Angeles and more than 100 other stations.

Nexstar initially argued that Bonta’s action came too late — after Nexstar had gained its federal approvals for the deal. Nexstar also was in the process of consolidating Tegna’s operations and top Tegna executives had cashed out.

The move backfired on Nexstar as a federal judge in Northern California issued a preliminary injunction, ordering Nexstar to halt the Tegna consolidation.

U.S. District Judge Troy Nunley ruled Tegna must be managed as a separate company pending the outcome of a trial.

On Tuesday, Tegna announced that it hired a former Fox TV station executive, Patrick Paolini, as its chief executive. Beginning next week, Paolini will be responsible for “Tegna’s daily operations, revenue-generating business strategies, local journalism and production, and growth initiatives,” according to a corporate statement.

Paolini will report to Tegna’s board — not Nexstar.

Lupa Systems, the media and tech holding company owned by James Murdoch, is set to acquire nearly half of Vox Media.

As part of the deal, Murdoch’s company will own Vox Media’s podcast network, Vox.com and New York Magazine, once an asset of his father, industry giant Rupert Murdoch. Terms of the deal were not disclosed, but the price tag was reportedly over $300 million, the New York Times reported citing people familiar with the deal. The goal of the investment is to bring “influential journalists, top-rated podcasts, and digital brands with large social footprints” to Lupa and help grow its media portfolio, the company announced Wednesday.

“This acquisition aligns well with our existing holdings and investments and reflects both our interest in the forward edge of culture and our deep commitment to ambitious journalism and agenda-setting conversations,” Murdoch said in a statement.

The three new assets will function as a subsidiary of Lupa Systems and will keep the name Vox Media. The deal includes New York Magazine’s popular verticals like The Cut, Vulture and Intelligencer, as well as Vox’s most successful podcasts like “Today, Explained” and “Pivot with Kara Swisher and Scott Galloway.” Jim Bankoff, Vox Media’s current CEO, will continue to lead the company.

The other Vox Media properties, which Murdoch did not purchase, include websites like Eater, The Dodo and The Verge. These platforms will be run under an unnamed new company by the current president of Vox Media, Ryan Pauley.

This investment strengthens Lupa Systems’ position in the evolving media landscape. The business has other holdings including the parent company of Tribeca Film Festival, the owner of Art Basel, Robert DeNiro and Jane Rosenthal’s entertainment company Tribeca Enterprises, and Bodhi Tree Systems, an investment platform behind a popular Indian streaming service.

This is one of the largest deals Murdoch has closed since he and his family resolved a $3.3-billion dispute last year. The conflict centered on the future of the family’s media empire, which includes Fox News, The New York Post and The Wall Street Journal. In the settlement, James Murdoch received roughly $1 billion and his elder brother, Lachlan, assumed power over the family’s assets.

Before the legal blowout, Murdoch previously served as the chief executive of major global media companies like 21st Century Fox and Europe’s Sky Group.

The billionaire told the New York Times that, with this new acquisition, he didn’t want a “daily news business.” He wanted “longer-form, thoughtful journalism that can really speak to the culture.”

Where are the best bakeries to buy celebration cakes? I want to get a cake for one of my college friends — we’ve been friends for 40 years — who is retiring from teaching kindergarten. I’m having a small brunch party for her at a restaurant in Long Beach. It’d be great if the bakery is in Pasadena or on the East Side, but I will travel for awesome cake! She loves chocolate and espresso martinis. — Roberta Tragarz

Looking for things to do in L.A.? Ask us your questions and our expert guides will share highly specific recommendations.

Here’s what we suggest:

Roberta, I think it’s so sweet that you are throwing a retirement party for your longtime friend. In my opinion, no celebration is complete without a good cake and I, too, will drive just about anywhere for one that I think the recipient would love. Here are some bakeshops that might just have “the one.”

With Pasadena being convenient for you, you’re in luck. Times restaurant critic Jenn Harris calls the city a “pastry and dessert destination.” She writes about six stellar new bakeries that have opened within a one-mile radius, including Salted Butter Company, which offers a gorgeous round cake topped with seasonal florals, and Sweet Red Peach, which can create just about any custom cake you can dream up.

Given that your friend loves chocolate, consider buying a cake from Proof Bakery in Atwater Village. The worker-owned cooperative shop used to sell a chocolate espresso cake, which would’ve been perfect because your friend loves espresso martinis. However, they swapped it out for a chocolate blueberry cake with chocolate mascarpone mousse and blueberry compote. Thankfully, it looks just as delicious. And you can still make Proof’s chocolate espresso cake at home.

No L.A. bakeshop has been recommended to me more than SusieCakes. With multiple locations spread across the county including one in Pasadena, the classic bakery makes an array of delightful desserts: old-fashioned chocolate cakes, flourless chocolate cakes, rainbow sprinkle cakes and even a cake flight so you can try all of their signature slices. Former Times food editor Amy Scattergood wrote about SusieCakes, “You can pick the flavor of cake and color of buttercream frosting, get stuff written on top, even order a pretty impressive Barbie cake (they provide the doll; the cake is the dome of her massive skirt).” A “Teacher Barbie” that looks like your friend would be adorable.

Now, this isn’t a traditional cake but hear me out. My good friend Tori Johnson had a cinnamon roll cake at her recent birthday party and I haven’t been able to stop thinking about it since. It was gooey, soft and slathered in a classic tangy cream cheese frosting. Her boyfriend got it from BadAsh Bakes, the viral bakery based in Pasadena best known for its cinnamon rolls, cookies, brownies and layer cakes. You can preorder the cinnamon roll cake, which comes in a classic, red velvet or matcha flavor.

For an eye-catching, avant-garde cake that you won’t find at a traditional bakery or grocery store, consider ordering a custom dessert from Celeste Perkins, the L.A.-born baker who makes “cakes with big personalities, for big personalities,” as Times contributor Tasbeeh Herwees writes in Image. Perkins, who works out of her home kitchen, got her start baking cakes for friends and has since made them for an array of celebrity clients including Tunde Adebimpe (frontman for the band TV on the Radio), Japanese American singer Mitski and British singer Suki Waterhouse. Not only are the cakes yummy, they are photo-worthy.

Now for some rapid-fire picks across L.A.: My colleague Jason Lew recommends Phoenix Bakery in Chinatown, specifically the strawberry cake with sliced almonds. Times Features reporter Lisa Boone also suggests Valerie Confections in Glendale. “I’ve ordered cake from Valerie several times for different occasions and they’re always really special, pretty and so good,” she says. Her favorite is the fallen fruit cake, but the bakery also sells a flourless chocolate almond cake and German chocolate cake. There’s also République, the French-inspired bakery and cafe known for its salted caramel chocolate cake. Finally, you can never go wrong with Porto’s, which sells an array of cakes including chocolate raspberry, Parisian chocolate, mango mousse, strawberry cheesecake and more.

Retiring is such a big deal, so I love to hear that you are celebrating it as such. I hope that these recommendations help you find the perfect cake for your friend. Be sure to send us a photo of the one that you choose. Have a wonderful time!