The board of Warner Bros Discovery (WBD) has urged its shareholders to reject an amended hostile bid by Paramount Skydance while maintaining its unanimous support for a rival offer by Netflix. A ...

Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer. By Lauren Hirsch Paramount said on Monday that ...

Netflix seemed to have a clear path to acquiring Warner Bros., but Paramount Skydance's hostile takeover bid has thrown that into question. The top question right now: Is Netflix still buying Warner ...

Paramount Skydance on Monday made a $108.4 billion hostile takeover offer for all of Warner Bros. Discovery, with its all-cash bid coming just three days after Netflix agreed to buy a part of Warner ...

Would they bring back ‘Succession’ and write this plot into the show?: Signage at a Warner Bros. Discovery office in New York is seen Feb. 17, 2024. (Yuki Iwamura, Bloomberg via Getty Images) ...

Paramount's offer includes funding from Saudi Arabia, Qatar and Abu Dhabi wealth funds, backing from Jared Kushner's Affinity Partners David Ellison is not going away quietly in his quest to land ...

Paramount has gone straight to Warner Bros. Discovery’s shareholders with an all-cash offer in an extraordinary endeavor to gain control of Hollywood’s most sought-after prize – a bid that Netflix ...

Netflix has sweetened its offer for Warner Bros. Discovery WBD-1.00%decrease; red down pointing triangle in a second round of bids as it tries to outdo rival Paramount. The streamer on Monday made a ...

Comcast is in the process of splitting off most of NBCUniversal’s cable networks into a new company, Versant, a transaction expected to be completed by the end of 2025. The thinking is that Comcast ...

Nov 4 (Reuters) - Novo Nordisk (NOVOb.CO), opens new tab and Pfizer (PFE.N), opens new tab have revised their bids for Metsera (MTSR.O), opens new tab, the obesity drug developer said on Tuesday. Novo ...

Shares of Warner Bros surge as much as 30% after bid news Potential bid highlights media sector's consolidation pressures Warner Bros aiming to separate cable from streaming operations A bid for ...

Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery, according to people familiar with the matter. Warner Bros. Discovery shares closed up more ...