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Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More
Culturedeadline22d ago

Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More

An annoying thing happened to David Ellison and Paramount today on the way to taking over Warner Bros Discovery — he got sued for $1.5 billion over a beef a self-declared confidant of Jeff Shell’s has with the Paramount president. As exclusively reported by Deadline on March 16, the wide ranging lawsuit against the CEO, […]

The Paramount-Warner Bros mega-merger still has a few hurdles to get over
BusinessThe Guardian1mo ago

The Paramount-Warner Bros mega-merger still has a few hurdles to get over

The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK Champagne reportedly flowed at Paramount Skydance headquarters late last week after the media conglomerate edged out Netflix to acquire the entirety of Warner Bros Discovery for a cool $110bn. And on a call with analysts and investors on Monday morning, David Ellison, Paramount Skydance’s chief executive, said the company was “absolutely confident” that the merger will expeditiously pass regulatory ...

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain
Culturedeadline1mo ago

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain

The champagne corks may be popping right now at Paramount over the David Ellison-owned company’s successful bid for Warner Bros Discovery, but up in Sacramento the mood is far from celebratory  over the latest possible Hollywood mega-merger. “Paramount/Warner Bros is not a done deal,” California Attorney General Rob Bonta told Deadline this evening after Netflix […]

David Ellison's Paramount has some breathing room in its quest to buy WBD despite a pressing deadline
Businessberlingskele-figaromarketwatch+3Business Insiderchannel-news-asiamyjoyonline1mo ago6 sources

David Ellison's Paramount has some breathing room in its quest to buy WBD despite a pressing deadline

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...

Marknaden jublar när Netflix förlorar
Businesssvenska-dagbladet1mo ago

Marknaden jublar när Netflix förlorar

Netflix ger upp köpet av HBO, och dess ägarbolag Warner Bros Discovery. Nu skapas istället en ny stor streamingjätte i USA. Men trots förlusten står Netflix som vinnare.

Netflix backs away from its offer to buy Warner Bros Discovery
BusinessReutersle-mondenos+6fazSCMPBusiness Insiderla-vanguardiaindian-expressjerusalem-post1mo ago9 sources

Netflix backs away from its offer to buy Warner Bros Discovery

Netflix stated that a previous offer to buy Warner Bros Discovery's streaming and studio assets was no longer financially attracted after Paramount Skydance revised its offer.

Warner Bros Discovery Board Calls Paramount’s Proposal “Superior”, Gives Netflix Four Days To Up Its Bid
Culturedeadline1mo ago

Warner Bros Discovery Board Calls Paramount’s Proposal “Superior”, Gives Netflix Four Days To Up Its Bid

Warner Bros. Discovery’s board of directors is opening the door to a bidding war between Paramount and Netflix. The board has officially labeled Paramount’s latest $31-per-share offer a “company superior proposal.” While that does not mean that the board has withdrawn its recommendation of the pending Netflix offer to shareholders, it triggers a four-day period […]

Warner Bros. Is Testing Larry Ellison's Pain Barrier
Businessadvisor-perspectives1mo ago

Warner Bros. Is Testing Larry Ellison's Pain Barrier

A tweak here, a twiddle there, and now possibly a 3% sweetener on the price. It’s all progress. But the billionaire Ellison family has yet to make an offer for Warner Bros Discovery Inc. that clearly beats the studio’s December deal with Netflix Inc.

Paramount-Skydance to Acquire Warner Bros. Discovery
BusinessAPReutersbloomberg+8wsjFrance 24NHK WorldforbesYahoojerusalem-posttempo-englishvanguard-ng1mo ago11 sources

Paramount-Skydance to Acquire Warner Bros. Discovery

US media giant Paramount-Skydance has announced an agreement to acquire fellow company Warner Bros. Discovery, winning a bidding war against Netflix.

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover
BusinessThe Guardian1mo ago

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover

Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses Rob Bonta, California’s attorney general, said his office will investigate a possible merger between Paramount Skydance and Warner Bros Discovery, hours after Netflix backed away from a planned takeover. “Paramount/Warner Bros is not a done deal,” Bonta said in a post on X. “These two Hollywood titans have not cleared regulatory scrutiny — the California Department of Justice has an open in...

Netflix odustao od kupnje Warner Brosa
Businessjutarnji-list1mo ago

Netflix odustao od kupnje Warner Brosa

Nakon nekoliko mjeseci pregovaranja, Netflix je ipak odustao od svog prijedloga za kupnju Warner Bros Discoveryja, otvarajući put Paramountu i Skydanceu da pobijede u višemjesečnoj bitci za jedan od…

Netflix or Paramount: who would be the best new owner of Warner Bros?
BusinessThe Guardian1mo ago

Netflix or Paramount: who would be the best new owner of Warner Bros?

The ongoing battle over who will own the iconic film studio is set to have a major impact on what we, the viewers, get to watch in the future It’s not unusual for a corporate merger to take months and months to actually finalize, but even by those standards, the bidding for ownership of Warner Bros Discovery has been drawn out. Netflix made a deal to buy the Warner Bros side of the company – its studio and streaming businesses – late last year, but Paramount Skydance has been undeterred, aggr...

List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More
BusinessBusiness Insiderdeadline1mo ago2 sources

List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More

Media layoffs across the entertainment industry are hitting hard after last year’s avalanche of job cuts. The unfortunate trend can still be felt following the COVID-19 pandemic, dual Hollywood strikes and — the latest event to hit Los Angeles hard: a series of wildfires that broke out in January 2025. As the entertainment industry still […]

Warner Bros Discovery weighs new sale talks after fresh Paramount offer
BusinessThe Guardian1mo ago

Warner Bros Discovery weighs new sale talks after fresh Paramount offer

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...