1 week ago - Paramount"), today announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of · Warner Bros. Discovery, Inc.

7 hours ago - The media giant put itself up for sale in October after receiving "multiple" expressions of interest from potential buyers, including approaches from Paramount Skydance. On 5 December, Warner Bros Discovery said it had agreed to sell its film and streaming businesses to Netflix.

9 hours ago - On Wednesday, Warner Bros. Discovery Inc., the parent of HBO and CNN, advised its shareholders to reject a hostile takeover bid by Paramount Skydance Corp.

10 hours ago - Paramount fired back that the Ellison family did provide the needed guarantees and pointed to Larry Ellison's long business record. Paramount said it would continue with its hostile takeover of Warner.

10 hours ago - The Warner board said in a letter to shareholders on Wednesday that Paramount’s “inferior” offer carried “significant risks and costs,” in large part because it relies heavily on borrowed money – whereas the Netflix offer is backed by a company worth more than $400 billion. Warner, which owns the Warner Bros.

11 hours ago - The newsThe Warner Bros. board is expected to announce that it plans to reject Paramount's $30-a-share all-cash offer for the company.

10 hours ago - That posturing suggests the Ellisons will push forward by convincing WBD shareholders to tender their shares into Paramount’s current offer rather than accept Netflix’s offer for the streaming and studio assets. This could turn into a long, drawn-out battle to win over shareholders. WBD board chair Sam DiPiazza told CNBC on Wednesday morning that the shareholder vote won’t happen until the spring or “early summer.” · In the short run, not much. Netflix has already entered into its deal with Warner Bros., and now it must wait for WBD shareholders to vote on the matter.

14 hours ago - "The terms of the Netflix merger are superior," Warner Bros. Discovery said in a letter to shareholders. Paramount launched a hostile takeover bid valued at more than $108 billion for all of Warner Bros.

3 hours ago - Discovery, on December 8, 2025 directly to its investors. Paramount's offer values WBD at $108.4 billion at $30 per share. The move has widely been viewed as a hostile takeover and WBD said it would take several weeks to review it, while also evaluating its previous agreement with Netflix. Warner Bros.

15 hours ago - Paramount and Netflix have been in a race to win control of Warner Bros, and with it, its prized film and television studios, HBO Max streaming service and franchises like "Harry Potter."

17 hours ago - Its board is unanimously urging shareholders to reject a $108 billion takeover bid from Paramount. Instead, the board is standing by an agreement struck with Netflix to acquire its Hollywood studios and its streaming service HBO.

16 hours ago - We’re also fully committed to releasing Warner Bros. films in theaters, with a traditional window, so audiences everywhere can enjoy them on the big screen.” · Ellison already made it clear that he was willing to go higher than $30 per share in a text message to WBD CEO David Zaslav just a few hours before the Netflix deal was sealed. “Please note importantly we did not include ‘best and final’ in our bid,” Ellison wrote. On Wednesday, however, Paramount released a statement reaffirming its $30 per share tender offer.

13 hours ago - Discovery, whose storied film library includes classics like "Casablanca" and the "Harry Potter" film series. Netflix agreed on December 5 to buy a part of Warner Bros. in a deal valued at $82.7 billion, while Paramount Skydance followed on December 8 with an all-cash offer for the entirety of the media conglomerate.

19 hours ago - Warner Bros. Discovery, Inc. ("Warner Bros. Discovery" or "WBD") (NASDAQ: WBD) today announced that its Board of Directors (the "Board") has unanimously determined that the tender offer launched by Paramount Skydance ("PSKY") (NASDAQ: PSKY) on December 8, 2025 is not in the best interests of WBD and its shareholders and does not meet the criteria of a "Superior Proposal" under the terms of WBD's merger agreement with Netflix announced on December 5, 2025.

19 hours ago - Warner Bros. Discovery's board has unanimously rejected Paramount's hostile $30-per-share all-cash offer, blasting the bid as risky and accusing the company of misleading shareholders.

15 hours ago - Warner Bros. Discovery agreed this month to sell a large part of its business to Netflix in a cash-and-stock deal worth $83 billion, spurning an all-cash offer by Paramount to buy all of the company for $108 billion.

19 hours ago - Warner Bros Discovery is poised to tell shareholders to reject Paramount’s $108bn (£81bn) hostile bid, according to reports, clearing the way for Netflix to proceed with its buyout of the Hollywood film and TV group.

13 hours ago - Under the current plan, WBD will split itself into two publicly traded pieces next summer, and then Netflix will seek regulatory approval to buy the Warner Bros part. The other piece, to be named Discovery Global, will contain CNN and other channels. President Trump said last week that he will be involved in the regulatory review and suggested that he favored Paramount’s bid, although he has also complained about the Ellisons in recent days.

20 hours ago - Warner Bros. Discovery, Inc. ("Warner Bros. Discovery" or "WBD") (NASDAQ: WBD) today confirmed Paramount Skydance Corporation ("Paramount Skydance")...

20 hours ago - Netflix earlier this month emerged victorious with a $27 cash-and-stock bid for Warner Bros' non-cable assets. Paramount CEO David Ellison then went directly to Warner Bros' shareholders with a $30-a-share, all-cash bid for the whole company.