There’s a New Media Giant in Town

P.M. Edition for Oct. 6. Skydance has ambitions to take on Netflix and other tech behemoths in streaming now that it’s clinched its deal for Warner Bros. Discovery. But WSJ media and entertainment reporter Joe Flint says Hollywood has reservations. German police have arrested the country’s former spy chief on suspicion of espionage, a crisis for the German foreign intelligence service. And workplace reporter Ray Smith says a new layoffs playbook used by companies including Nike and Meta is leaving workers in limbo for months over the future of their jobs. Sabrina Siddiqui hosts.