26 h. ago Warner Bros Discovery urges shareholders to reject Paramount takeover bid

Bosses at Warner Bros, which makes franchises such as Harry Potter and Batman, said the proposed deal from Paramount was ‘inadequate’.

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27 h. ago Warner Bros asks investors to reject takeover bid from Paramount Skydance

Warner Bros

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27 h. ago Warner Bros Discovery urges shareholders to reject Paramount’s $108.4bn takeover bid

WBD had agreed to sell to Netflix but Paramount swiftly countered with an all-cash offer, which WBD’s board is calling ‘inadequate’Warner Bros Discovery has urged shareholders to reject a $108.4bn hostile takeover offer from Paramount Skydance, branding it “inadequate” amid an extraordinary corporate battle to control the legacy media conglomerate.WBD agreed to sell its storied movie studios, HBO cable network and streaming service to Netflix in a $82.7bn deal earlier this month, setting the stage for a seismic shift in Hollywood’s industrial landscape. Continue reading...

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37 h. ago Jared Kushner pulls out of Paramount’s hostile bid for Warner Bros. Discovery

A private equity firm owned by Jared Kushner says it's no longer backing Paramount’s hostile acquisition bid for Warner Bros

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41 h. ago Warner Bros Discovery likely to stick with Netflix and reject $108.4 billion Paramount bid

Securing Warner Bros Discovery’s portfolio would grant the successful bidder a significant advantage in the ongoing streaming wars

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4 d. ago How Warner Bros Discovery’s David Zaslav defied Hollywood — again

The Netflix-Paramount bidding war puts the much-criticised CEO in line for a bumper payday

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6 d. ago Paramount chief does damage control over ‘60 Minutes’ MTG interview that incurred Trump’s wrath

While the Ellisons have looked to temper the president’s rage over the Marjorie Taylor Greene sitdown, they’ve also assured Donald Trump that they’d make sweeping changes at CNN if Paramount buys Warner Bros. Discovery.

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7 d. ago Jared Kushner – and three Arab monarchies – are at the heart of the Paramount

The president’s son-in-law is once again at the center of an international business deal that will require administration approvalOn Monday, Paramount Skydance launched a $108bn takeover bid for Warner Bros Discovery, the entertainment giant that owns Hollywood movie studios, along with CNN, HBO and other media businesses. The bid is led by David Ellison, son of the tech billionaire Larry Ellison – a prominent Donald Trump supporter and Republican donor. Netflix had already prevailed over Paramount in a previous bidding competition for the purchase, but Trump announced on Sunday that he would “be involved” in his administration’s review of the Netflix deal. The president suggested the sale “could be a problem” because Netflix is already dominant in the US streaming market.Paramount left out a significant fact in the press release announcing its offer: the bid includes funding from the private equity firm owned by Jared Kushner, the president’s son-in-law, as well as three Arab monar...

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7 d. ago HBO Max gives major update on whether planned UK launch in early 2026 will go ahead after Netflix buyout

QUESTIONS have been hanging over the future of HBO Max's UK and Ireland launch plans in face of a major Netflix takeover. HBO is responsible for huge hits including Game of Thrones, The White Lotus and The Last Of Us. Its popular US streaming service HBO Max is owned by Warner Bros Discovery, which is partially being bought by...

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8 d. 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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8 d. 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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9 d. ago Takeover bid of parent company means limbo for CNN, some fellow cable networks

It's a tough time for CNN, which looks like it will be in management limbo for some time with Paramount Skydance's hostile takeover bid of its parent company, Warner Bros

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9 d. 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.

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9 d. 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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9 d. 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.

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1 week 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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1 week 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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1 week 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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1 week 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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1 week 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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