40 h. ago What to know about bidding war between Netflix and Paramount for Warner Bros.

NEW YORK (AP) — Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance. Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of […]

Other

9 d. ago China’s Tencent quits Paramount’s bid for Warner Bros to avert national security questions

BANGKOK (AP) — Chinese gaming and social media giant Tencent Holdings has withdrawn from Paramount Skydance Corp.’s bid to buy Warner Bros Discovery, according to a revised filing of its takeover bid by Paramount with the U.S. Securities and Exchange Commission. The filing seen Wednesday shows the Chinese company dropped its $1 billion financing commitment […]

Society

9 d. ago Paramount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues

BANGKOK (AP) — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review. Paramount’s revised filing with the U.S. Securities and Exchange Commission of its takeover bid said the Chinese company had dropped its $1 billion financing […]

Society

9 d. ago Paramount’s Bid for Warner Bros. Features Obscure Abu Dhabi Firm

Paramount Skydance Corp.’s hostile bid for Warner Bros. Discovery Inc. is being bankrolled by a list of influential Middle Eastern investors, including Saudi Arabia’s Public Investment Fund and the Qatar Investment Authority. Joining them is an Abu Dhabi group that few even in the region have heard of: L’imad Holding Co.

Economics

1 week ago Paramount counters Netflix with US$108B hostile bid for Warner Bros

Paramount said its deal gives greater regulatory certainty than the Netflix one, which it said would give Netflix 43% of global streaming subscribers

Economics

1 week ago Paramount launches hostile takeover bid for Warner Bros. amid ‘inferior’ deal with Netflix

The company went up for sale in October and received several rounds of bids from Netflix and Comcast Corp.

Other

1 week ago Paramount makes hostile bid for Warner Bros. days after Netflix’s $72B deal

Paramount has gone hostile bid for Warner Bros. Discovery, challenging Netflix which reached a US$72 billion takeover deal with the company just days ago.

Economics

1 week ago Trump says Netflix deal to buy Warner Bros. ‘could be a problem’ because of size of market share

WASHINGTON (AP) — President Donald Trump said Sunday that a deal struck by Netflix to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share. “There’s no question about it,” Trump said, answering questions about the deal and various other topics as he walked the red carpet at […]

Other

1 week ago Notable early reaction to Netflix’s deal to acquire Warner Bros.

NEW YORK (AP) — Netflix’s $72 billion deal to acquire Warner Bros. studio and its film and television operations drew quick reactions Friday. Film and television industry entities including guilds and the lobbying group for movie theater owners criticized the deal, warning it would harm consumers and cinema owners. In announcing the deal, Warner Bros. […]

Other

1 week ago What Netflix’s acquisition of Warner Bros. means for the movies

Netflix’s deal to acquire Warner Bros., one of Hollywood’s oldest movie studios, poses seismic shifts to the entertainment industry and the future of moviegoing. As one of the remaining “big five” studios, the 102-year-old Warner Bros. is an essential part of movie theater business. The studio currently boasts three of the top five earning films […]

Other

1 week ago Netflix to buy Warner Bros. studio and streaming business in $72

Analysts say the industry-changing deal could face resistance from competition authorities

Economics