LASISMA SERVES NOTICES, MARKS BUILDINGS UNDER TENSION RIGHT-OF-WAY IN ALAGBADO/OKE-ODO.(PHOTOS). #PRESS RELEASE.

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 LASISMA SERVES NOTICES, MARKS BUILDINGS UNDER TENSION RIGHT-OF-WAY IN ALAGBADO/OKE-ODO  The Lagos State Informal Space Management Authority (LASISMA) Officials, last week Tuesday, on the directives of the Honourable Commissioner for Physical Planning and Urban Development, Dr. Olumide Oluyinka, staged a strategic enforcement and sensitisation exercise at Alagbado/Oke-Odo axis of Lagos State to address physical planning infractions along the AIT road corridor.   Representing the General Manager, TPL Daisi Oso, TPL Emmanuel Seyi Ogunyemi and his team served contravention notices on occupants within the corridor and marked buildings encroaching on the high-tension right-of-way.   During the exercise, affected property owners were directed to recess their buildings away from the high-tension corridor right of way, in line with safety and planning regulations. The team emphasised that the action was necessary to safeguard lives and property, reduce environmental hazards ...

PARAMOUNT TO MERGE HBO MAX AND PARAMOUNT+ INTO A SINGLE STREAMING SERVICE FOLLOWING WBD DEAL. (PHOTO).



Paramount to merge HBO Max and Paramount+ into a single streaming service following WBD deal

Paramount CEO David Ellison said Monday that if regulators approve Paramount Skydance’s acquisition of Warner Bros. Discovery, the company plans to merge Paramount+ and HBO Max into a single streaming service.

Ellison told investors on a conference call that the combined platform would have around 200 million subscribers, based on current totals. Last week, Paramount and Warner Bros. Discovery reached an agreement to sell WBD for $31 per share after Netflix withdrew from the extended bidding process.

The company did not provide details on pricing or a new name for the service, but Ellison emphasized that the HBO brand would remain intact. “HBO should stay HBO,” he said, highlighting its long-standing reputation for quality programming. According to someone familiar with the plans, HBO is expected to function as a sub-brand within the combined platform. HBO is currently led by Casey Bloys, whose contract runs through 2027.

Paramount also emphasized the strength of its sports content, which would bring together TNT Sports and CBS Sports. Executives said they have not received any indication from regulators that their wide-ranging sports offerings—including March Madness, NFL, MLB, NHL, Nascar, the French Open, The Masters, and college football—would raise antitrust concerns.


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