For CNN, a Takeover by Paramount Means a Suddenly Uncertain Future

Paramount’s apparent victory over Netflix in securing Warner Bros. Discovery has led to concerns within the CNN newsroom.

By Michael M. Grynbaum and John Koblin

CBS News and CNN staffers fear ‘disaster’ as Paramount wins Warner Bros battle

Decision by Netflix to walk away from takeover leaves workers anxious about possible merger of news networks Netflix’s decision to walk away from its $83bn bid for Warner Bros Discovery (WBD) has left some staffers working at CBS News and CNN panicking about the future as the two top-tier news operations come under the same roof. With Paramount Skydance emerging as the winning bidder, a deal that still requires the approval of WBD shareholders and government regulators, they fear the merging ...

By Jeremy Barr in Washington

Netflix drops bid for Warner Bros. after Paramount's offers 'superior' deal

Warner Bros. Discovery said it's merging with Skydance-owned Paramount after Netflix indicated it would not attempt to best its rival's bid.

By David Folkenflik

Stock Market Today, Feb. 25: Netflix Jumps After Warner Bros. Bid Fuels Investor Optimism

Paramount Skydance wins Warner Bros as Netflix walks away

Paramount Skydance has emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix refused to raise its bid for the storied Hollywood studio.

Netflix, Paramount shares jump as months-long fight for Warner Bros ends

Netflix walks away from Warner Bros deal, clearing path for Paramount

Netflix has withdrawn its bid to acquire Warner Bros. Discovery's studio and streaming assets, in a surprising decision that effectively clears the way for Paramount to pursue...