27 h. ago Netflix revises deal for Warner Bros. Discovery as streaming giant prepares to report earnings

Netflix will report earnings Tuesday after last report showed slowing subscriber growth

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4 d. ago Trump buys $1m in Netflix and Warner Bros bonds days after saying he’ll ‘be involved’ in merger

Warner Bros is also being pursued by Paramount Skydance, helmed by David Ellison, son of president’s allyDonald Trump bought at least $1m worth of bonds in Netflix and Warner Bros Discovery (WBD), according to a financial disclosure form, days after he said would “be involved” in a proposed merger between the two companies.The White House released a financial disclosure report on Friday which showed that Trump made two purchases from Netflix and two purchases from WBD, each amounting to at least $502,000. Continue reading...

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9 d. ago Paramount to nominate directors to Warner Bros board to vote against Netflix deal

Paramount also files lawsuit seeking disclosure of financial information related to $82.7bn agreementParamount Skydance plans to nominate directors to Warner Bros Discovery’s (WBD) board to vote against the approval of its deal with Netflix, and filed a lawsuit seeking disclosure of financial information related to the $82.7bn (£61.4bn) agreement.In a letter sent to WBD investors on Monday, Paramount said it will nominate directors for election at the company’s annual meeting, which is usually held in June, to try to derail the deal with Netflix, which was agreed in December. Continue reading...

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1 week ago Netflix and Paramount deals are both wrong for Warner Bros Discovery – and democracy

A congressional hearing this week underscored the danger a WBD deal would pose to journalism and the American publicDonald Trump wants CNN sold. He has said so repeatedly and publicly, demanding it “should be sold” in any deal involving Warner Bros Discovery. Now one of America’s largest media companies is racing to oblige him, while another looks to consolidate its power. Wednesday’s House judiciary hearing on streaming competition – where lawmakers voiced concern over the Trump administration’s influence and a potential merger’s toll on consumers – made clear just how dangerous both options are for free speech, audiences and democracy itself.Netflix has bid $82.7bn for Warner Bros Discovery, only to be countered by a hostile $108bn takeover bid from Paramount Skydance, led by David Ellison, son of Trump’s ally Larry. Neither deal serves the public interest, and both are dangerous for the future of free expression. Both would produce an unprecedented concentration of power over wha...

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1 week ago Netflix and Paramount deals are both wrong for Warner Bros Discovery – and democracy | Courtney C Radsch

A congressional hearing this week underscored the danger a WBD deal would pose to journalism and the American publicDonald Trump wants CNN sold. He has said so repeatedly and publicly, demanding it “should be sold” in any deal involving Warner Bros Discovery. Now one of America’s largest media companies is racing to oblige him, while another looks to consolidate its power. Wednesday’s House judiciary hearing on streaming competition – where lawmakers voiced concern over the Trump administration’s influence and a potential merger’s toll on consumers – made clear just how dangerous both options are for free speech, audiences and democracy itself.Netflix has bid $82.7bn for Warner Bros Discovery, only to be countered by a hostile $108bn takeover bid from Paramount Skydance, led by David Ellison, son of Trump’s ally Larry. Neither deal serves the public interest, and both are dangerous for the future of free expression. Both would produce an unprecedented concentration of power over wha...

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1 week ago Premier League rights may end up at Netflix despite reluctant football romance

As Netflix and Paramount Skydance clash over WBD, football rights once considered peripheral could become central to the future of UK streamingNetflix has spent years politely rebuffing Premier League and Uefa entreaties to bid for their TV rights, so it would be ironic if it picked them up by default. That intriguing outcome is a possibility as a result of the $100bn-plus takeover battle for Warner Bros Discovery (WBD) between Netflix and its streaming rival Paramount Skydance which will shape the future not only of Hollywood but global news.Much-hyped sports rights are a footnote in a deal of such magnitude that it will require signoff from the US government, but the implications for football will be profound, even if Donald Trump is more concerned about who owns (and presents on) CNN than which platform shows Bournemouth v Brighton at Saturday lunchtime next season. Continue reading...

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1 week ago 'Using hair removal device is the best thing that's happened to me' with £150 off

The at-home IPL hair removal handset has earnt rave reviews as customers report it's an easier and less painful alternative to traditional methods

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2 w. ago Warner Bros Discovery tells investors to reject ‘inadequate’ $108bn Paramount bid

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry EllisonWarner Bros Discovery (WBD) has again told its shareholders to reject an “inadequate” $108.4bn (£80bn) hostile takeover bid by Paramount Skydance amid an extraordinary corporate battle to control the media conglomerate.Paramount, controlled by the billionaire Ellison family, had sought to combat WBD’s criticism of its offer and claims it had “consistently misled” investors by saying it had a “full backstop” – a safety net to ensure it has sufficient funds – from the Ellisons. Continue reading...

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2 w. ago Warner Bros Discovery tells investors to reject latest $108bn hostile Paramount bid

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry EllisonWarner Bros Discovery (WBD) has again told its shareholders to reject an “inadequate” $108.4bn (£80bn) hostile takeover bid by Paramount Skydance amid an extraordinary corporate battle to control the media conglomerate.Paramount, controlled by the billionaire Ellison family, had sought to combat WBD’s criticism of its offer and claims it had “consistently misled” investors by saying it had a “full backstop” – a safety net to ensure it has sufficient funds – from the Ellisons. Continue reading...

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4 w. ago Paramount makes stunning new bid to buy Warner Bros with $40BILLION guarantee from mega

Larry Ellison, the billionaire father of Paramount CEO David Ellison, put up the sum as a guarantee on Monday following complaints from Warner's board.

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last month Larry Ellison gives personal guarantee for Paramount takeover of Warner Bros Discovery

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal The tech billionaire Larry Ellison has agreed to provide a personal guarantee of more than $40bn for Paramount Skydance’s fight to gain control of Warner Bros Discovery, amid an extraordinary corporate battle over the entertainment giant.WBD urged shareholders to reject a $108.4bn hostile takeover bid from Paramount – which is controlled by the Ellisons – last week, having agreed to sell its storied movie studios, HBO cable network and streaming service to Netflix in a $82.7bn deal earlier this month. Continue reading...

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last month Larry Ellison provides personal guarantee for Paramount takeover of Warner Bros Discovery

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal The tech billionaire Larry Ellison has agreed to provide a personal guarantee of more than $40bn for Paramount Skydance’s fight to gain control of Warner Bros Discovery, amid an extraordinary corporate battle over the entertainment giant.WBD urged shareholders to reject a $108.4bn hostile takeover bid from Paramount – which is controlled by the Ellisons – last week, having agreed to sell its storied movie studios, HBO cable network and streaming service to Netflix in a $82.7bn deal earlier this month. Continue reading...

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last month Larry Ellison gives $40bn personal backing to Warner Bros Discovery bid

Oracle co-founder has agreed to backstop Paramount’s $108bn hostile bid personally

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last month What David Ellison can learn from a hostile bid battle of his father

The saga of Oracle’s PeopleSoft takeover might show what is needed to win Warner Bros Discovery

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