11 h. ago Paramount chief reportedly promised Trump ‘sweeping changes’ at CNN as part of Warner Bros. takeover

David Ellison’s father has also brought up with White House officials which CNN anchors they’d like to get rid of if Paramount were to purchase Warner Bros. Discovery.

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12 h. ago Netflix v Paramount: Trump wades into Warner Bros battle | The Latest

The battle to buy Warner Bros Discovery, has captured Donald Trump’s attention. The US President has declared he’ll be involved in the decision on the company’s sale, as both Netflix and Paramount fight to take over the entertainment giant. Lucy Hough speaks to Guardian US deputy business editor Callum Jones Continue reading...

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32 h. ago Plot twist from Paramount as Netflix seeks to upset the Hollywood old order: RUTH SUNDERLAND

Paramount Skydance's £81bn hostile bid to gatecrash Netflix's takeover of Warner Bros Discovery has dramatically raised the stakes.

Politics

37 h. ago Netflix buying Warner Bros is bad news for cinema and those of us who love it | Jesse Hassenger

The proposed acquisition would see yet more of Hollywood controlled by a tech company and one that doesn’t seem to care about the theatrical experienceDid Netflix just exacerbate a bunch of seasonal affective disorders in cinephiles? Timed to ruin holidays like a round of end-of-year layoffs, the streaming giant announced plans to buy Warner Bros, a movie and television studio with a full-century legacy. It’s possible that the acquisition won’t actually go through – and if it does, it won’t be for at least a year. But the news still looms over year-end awards and list-making, and it’s going to take more than a jingle-bell heist to steal back any holiday cheer for the entertainment industry, much less halt the march of corporate consolidation and monopolization. Even more depressing: the entity that seems most able to take action against this is another attempted consolidation. Paramount has launched a bid for a hostile takeover of Warner Bros Discovery, which would bring two big stu...

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38 h. ago MTG on 60 Minutes sends Trump into tailspin rant against ‘No Better’ CBS

The president’s screed against Paramount’s ownership — which he had previously praised incessantly — came at the same time the media giant launched a hostile takeover bid of Warner Bros. Discovery that was joined by Trump’s son-in-law Jared Kushner.

Politics

39 h. ago Paramount makes hostile bid for Warner Bros challenging Netflix’s $72bn buyout plan

Trump says deal struck by Netflix to buy Warner Bros Discovery ‘could be a problem’

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39 h. ago Paramount launches $108.4bn hostile bid for Warner Bros Discovery

Offer for $30 a share for entire company comes after Netflix agreed to buy studio and streaming operationDavid Ellison’s Paramount Skydance is not giving up in its aggressive campaign to acquire Warner Bros Discovery (WBD), launching a hostile bid despite the announcement on Friday that Netflix had agreed to buy the company’s studio and streaming operation.Netflix’s accepted bid valued the company at $27.75 a share, though the entertainment company did not agree to acquire WBD’s traditional television assets, including the news network CNN. Continue reading...

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39 h. ago Paramount sparks takeover battle for Warner Bros with £81.3 billion hostile bid

The move comes after Netflix agreed a mega deal to buy Warner Bros Discovery.

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3 d. ago Warner Bros Disaster? Netflix deal for Hollywood giant follows string of flops

David Zaslav, CEO of Warner Bros Discovery, promised ‘everyone’ would win by combining the storied Hollywood studios with his reality TV giant. Instead, many lostIt’s less than five years since David Zaslav, CEO of Warner Bros Discovery, negotiated what looked like the deal of his career. Now as Netflix plans a landscape-changing takeover of Warner Bros, he’s in the middle of an even bigger one.Zaslav, or Zaz, is a hard-charging, well-connected executive who cut his teeth inside NBC, and ascended into New York’s media elite as he transformed Discovery Inc from a nature- and science-focused cable broadcaster into a reality TV giant. Continue reading...

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3 d. ago Warner Bros Disaster? Netflix inks deal for troubled Hollywood giant

David Zaslav, CEO of Warner Bros Discovery, promised ‘everyone’ would win by combining the storied Hollywood studios with his reality TV giant. Instead, many lostIt’s less than five years since David Zaslav, CEO of Warner Bros Discovery, negotiated what looked like the deal of his career. Now as Netflix plans a landscape-changing takeover of Warner Bros, he’s in the middle of an even bigger one.Zaslav, or Zaz, is a hard-charging, well-connected executive who cut his teeth inside NBC, and ascended into New York’s media elite as he transformed Discovery Inc from a nature- and science-focused cable broadcaster into a reality TV giant. Continue reading...

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4 d. ago What Netflix's £54bn takeover of Warner Bros means for Hollywood and TV fans

Netflix managed to win a drawn-out bidding battle to acquire the Warner Bros Discovery's film and television operations. The deal includes the HBO Max streaming service

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4 d. ago US unions call for Netflix and Warner Bros Discovery merger to be blocked

The US streaming giant Netflix said that it agreed to buy Warner Bros Discovery film and TV studios business in a 72 billion US dollar deal.

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4 d. ago Netflix agrees to buy Warner Bros Discovery studio and streaming business in $83bn deal

Streaming service to gain control of studio behind Harry Potter and Batman, as well as HBO, home to The White Lotus and Game of Thrones Business live – latest updatesNetflix has agreed to buy Warner Bros Discovery in an $82.7bn (£62bn) deal that will dramatically reshape the established Hollywood film and TV industry.The streaming company will take control of prize assets including Warner Bros, the studio behind franchises including Harry Potter, Superman and Batman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession. Continue reading...

Economics

4 d. ago Netflix becomes frontrunner in Warner Bros Discovery streaming and studio sale

Steaming service now in exclusive talks over deal that would change film and TV landscapeWarner Bros Discovery has entered exclusive talks to sell its streaming and Hollywood studio business to Netflix, a move that would dramatically change the established film and TV landscape.Netflix is in competition with Paramount Skydance and Comcast, which owns assets including Universal Studios and Sky, to buy the owner of the Hollywood studio Warner Bros, HBO and the HBO Max streaming service. Continue reading...

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5 d. ago Paramount fumes that Warner Bros. Discovery sale process is ‘unfair’ as Netflix jumps into the lead

While Paramount chief David Ellison thought he had a ‘Trump card’ in his bid to purchase Warner Bros. Discovery, it appears he is growing less confident that he’ll add the studio giant to his growing media empire.

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1 week ago James Cameron says Netflix buying Warner Bros. Discovery would be a ‘disaster’

Warner Bros. Discovery is up for sale, valued at around $50 billion

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2 w. ago Netflix, Paramount and Comcast submit bids to buy Warner Bros. Discovery: Here are the challenges

The DOJ will need to assess whether such consolidation harms competition in theatrical distribution

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2 w. ago White House discussed axing CNN hosts that Trump hates with Larry Ellison as part of takeover talks, report says

Paramount has prepared a bid to buy Warner Bros Discovery, CNN’s parent company

Politics

2 w. ago Larry Ellison discussed axing CNN hosts with White House in takeover bid talks

Senior officials indicated favorability toward Paramount Skydance to acquire Warner Bros DiscoverySenior White House officials have discussed internally their preference for Paramount Skydance to acquire Warner Bros Discovery in recent weeks, and one official has discussed potential programming changes at CNN with Larry Ellison, the largest shareholder of Paramount.The discussions, according to people familiar with the matter, comes as Paramount portrays itself as the best bid for Warner Bros Discovery, after it announced last month it was open to offers, because it would have an easier time getting through regulatory review. Continue reading...

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