2 weeks ago - Under the terms of the agreement, each WBD shareholder will receive $23.25 in cash and $4.501 in shares of Netflix common stock for each share of WBD common stock outstanding at the closing of the transaction. The transaction values Warner Bros.

3 days ago - Netflix had emerged victorious on Friday from a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros Discovery's TV, film studios and streaming assets.

1 week ago - Paramount was widely expected to be the frontrunner for Warner Bros. But WBD opted instead for Netflix, which it said offered a more lucrative deal.

1 day ago - When Warner Bros put up a for-sale sign, Paramount launched an eager campaign to buy the company. But the studio ultimately announced a deal with Netflix.

2 days ago - Reps for the Ted Sarandos and Greg ... deal estimated to take 12 to 18 months to close, WBD will move ahead with a previously planned split of the company into Warner Bros....

1 week ago - Netflix announced an $83 billion deal to buy a big part of Warner Bros. Discovery on Friday, in an agreement approved by the boards of both companies. In a news release on Monday, Paramount went around the Warner Bros.

17 hours ago - Netflix emerged victorious in the bidding war and announced its deal with WBD to acquire its streaming and studios division (which includes assets like Warner Bros., HBO/HBO Max, DC Studios/DC Entertainment, and the company's media library) ...

2 days ago - Netflix announced last Friday its intention to acquire Warner Bros., HBO and its streaming business HBO Max, in an $82.7 billion deal. But that deal is being contested by Paramount, which announced Monday that it was launching a hostile bid ...

3 days ago - ForbesNetflix Acquiring Warner Bros. Resets Streaming And Media’s Power MapBy Shann Biglione ... To wit, Paramount and Skydance completed an $8 billion merger earlier this year, putting the owner of CBS and onetime cable television behemoths MTV and VH1 under the purview of Ellison, the billionaire founder of Skydance.

4 days ago - Paramount's move was prompted by ... by media reports. Netflix's proposal includes Warner Bros' studio and streaming networks, leaving the rest of the company to be spun off as an independent company....

22 minutes ago - I don’t have a good answer for either, [but] I think it’s more likely to be a good deal for Netflix than it is to be a good deal for the entertainment business. Though again, part of what to keep in mind as people weigh those options or think about possible outcomes here, is that because of the way that Paramount has forced Warner Bros.

3 days ago - Break out the popcorn and a jumbo box of Raisinets, because just when we thought the Warner Bros. Discovery drama was over, it turned out we had barely gotten started. The suspense over the company’s pending sale is mounting, and new questions are developing faster than writers can resolve old ones.

1 week ago - Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD") for ... Paramount's proposed transaction is for the entirety of WBD, including the Global Networks segment. Paramount's strategically and financially compelling offer to WBD shareholders provides a superior alternative to the · Netflix (NASDAQ: ...

1 week ago - Co-CEO Greg Peters said they recognize the Netflix deal came as a shock but called the Warner Bros. studio and HBO Max content complementary to Netflix's business. Co-CEO Ted Sarandos said the acquisition would protect jobs at a time when layoffs have been rampant across media: "In the offer that Paramount was talking about today, they also were talking about $6 billion of synergies.

1 week ago - That’s why Hollywood widely expected Paramount to be in the catbird seat for its proposed purchase of all of Warner Bros. Discovery – in contrast, Netflix plans to buy just Warner Bros.

1 week ago - Paramount launches $108.4bn hostile bid for Warner Bros Discovery ... US federal antitrust laws allow consumers to sue over mergers and acquisitions, separate from any federal regulatory agency lawsuit, though such cases face high legal hurdles.