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Warner Bros. Discovery has confirmed receiving a revised, reportedly sweetened, bid from Paramount/Skydance, initiating a new phase in acquisition negotiations.
Paramount Skydance CEO David Ellison has had his sights on Warner Bros. Discovery for months. Gilbert Flores/Variety via Getty Images; Mario Tama/Getty Images Paramount Skydance is coming up against a key deadline in its pursuit of Warner Bros. Discovery. David Ellison's media company doesn't need to raise its bid just yet, however. The crucial WBD shareholder vote isn't until March 20, giving the Ellisons extra time if they need. Paramount Skydance is staring down a key deadline in its pur...
The president made the attack as Netflix and Paramount Skydance face a key deadline in a bidding war for Warner Bros. Discovery.
Paramount Skydance's potential acquisition of Warner Bros. Discovery has received antitrust clearance from the U.S. Justice Department, despite not having a formal deal in place yet.
Paramount Skydance Corporation is reportedly in discussions with Pentwater founder Matthew Halbower regarding a potential board seat at Warner Bros. Discovery.
Warner Bros has resumed discussions to acquire Paramount, following a waiver received from Netflix.
Board considering whether to re-engage in move that could prompt a second bidding war with Netflix Business live – latest updates Warner Bros Discovery (WBD) is reportedly weighing reopening sales talks with Paramount Skydance, in a move that could spark a fresh bidding war with Netflix for the Hollywood film and TV company. Members of the board of WBD are discussing whether to re-engage with Paramount, which is pursuing a hostile $108.4bn (£76.8bn) cash takeover directly with shareholders in a bid to derail an agreed deal with Netflix, according to Bloomberg. Continue reading...
Warner Bros. Discovery is expected to inform shareholders that it is reviewing a new offer from Paramount Skydance, while still recommending a previously discussed Netflix pact.
Longevity guru Peter Attia is out as a contributor at CBS News well before he really even offer any analysis or hot takes. Attia, who was recently named to a list of new contributors at CBS News under Bari Weiss, the Paramount Skydance unit’s editor in chief, will leave the role, according to a person […]
Susan Rice rejoined Netflix's board in 2023 after leaving the Biden administration. Netflix is in a bidding war with Paramount Skydance Corp. to buy Warner Bros Discovery Inc.
Netflix co-CEO Ted Sarandos said his conversations with President Donald Trump have been about jobs. Monica Schipper/WireImage; Brendan Smialowski/AFP via Getty Images Netflix's co-CEO said his talks
Paramount Skydance is reportedly prepared to engage in takeover talks with Warner Bros. Discovery, but has not yet indicated whether it will increase its current $30-per-share hostile bid.
Warner Bros has given Paramount a week to submit its 'best and final' offer, as Netflix grants a waiver to a rival bidder in a high-stakes battle for control.
Warner Bros. Discovery had agreed to sell itself to Netflix, but its contract allows it to pursue offers that may lead to a superior deal.
Paramount submits higher offer for Warner Bros Discovery in bid to block Netflix, source says Reuters
David Ellison’s Paramount Skydance has a Monday deadline to submit its best and final offer for Warner Bros. Discovery — and Paramount is expected to come back with an offer above its previous $30/sha
Donald Trump warned Netflix to remove former Obama official Susan Rice from its board, as Netflix is currently in a bidding war with Paramount Skydance Corp. to acquire Warner Bros Discovery Inc.
Wall Street analysts are currently assessing the investment prospects of Paramount Skydance stock, with market observers keen to understand their sentiment.
Paramount's latest strategy regarding Warner Bros. Discovery is being likened to an 'old Vegas trick,' with Paul Anka cited for his adaptability in showbiz.
Anderson Cooper is poised to exit CBS News’ “60 Minutes” after nearly 20 years of contributing to the program, according to a person familiar with his thinking, the latest blow to the revered Sunday-night newsmagazine after it has been undermined repeatedly by management at Paramount Skydance and its predecessor company. CBS News was unable to […]