Warner Bros Rejects Paramount Takeover Again and Tells Shareholders to Stick with Netflix bid
NEW YORK — Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix.

NEW YORK — Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix.

A private equity firm owned by President Donald Trump’s son-in-law, Jared Kushner, is no longer backing Paramount’s hostile acquisition bid for Warner Bros. Discovery, the firm confirmed Tuesday.

This is the Breitbart Business Digest weekly wrap, in which we coincidentally run through the economic and financial news of the previous seven days.

Netflix is being dragged for its upcoming ultra woke film featuring a transgender coal miner “fighting the patriarchy.” Some are saying that with lunacy like this, Netflix is going to turn Warner Bros. into a “woke wasteland.”

MSNBC anchor Rachel Maddow has urged CBS and its parent company, Skydance Paramount, to reconsider its decision to cancel Stephen Colbert’s late-night show.

Netflix CEO Ted Sarandos is suddenly claiming he’s “deeply committed” to releasing Warner Bros. movies in “exactly the way they release those movies today.”

President Donald Trump is refusing to pick a side in the escalating bidding war between Paramount Skydance and Netflix to purchase Warner Bros. Discovery.

Paramount took its battle for Warner Bros. Discovery directly to shareholders Monday, launching a $30-per-share all-cash tender offer for the entertainment giant just days after Warner agreed to a deal with Netflix.

Left-wing actress Jane Fonda is claiming that the coming sale of Warner Bros. Discovery is a “threat” to democracy thanks to the “consolidation” of the media.

The streaming giant Netflix has solidified itself as the King of Hollywood, announcing Friday its acquisition of Warner Bros. “Together, we’ll define the next century of storytelling, creating an extraordinary entertainment offering for audiences everywhere,” Netflix said in a statement.

A potential merger between Paramount Skydance and Warner Bros. Discovery is facing opposition from Sen. Elizabeth Warren and the Writers Guild of America, who warn the deal would consolidate control of major news and entertainment outlets under a single conglomerate.

Paramount has confirmed that “Rush Hour 4” is now in the works after President Donald Trump reportedly urged producers to consider a fourth entry in the blockbuster buddy-cop film series.

Paramount Skydance will be cutting 1,600 more jobs just after 600 employees quit in order to avoid returning to work in the office.

A former Paramount executive reportedly filed a discrimination lawsuit against the entertainment company on Friday, claiming he was fired for thinking “old” and being white.

According to the far-left fascists at GLAAD, of the 489 LGBTUVWXYZ characters currently on TV, 41 percent will disappear due to their shows being cancelled.

Nolte: Nothing gives me more hope that an actual cultural shift might be happening in Hollywood than the tone of this cover story from the far-left Variety.

The recent layoffs enacted at Paramount have impacted television executives at CBS, MTV, BET, and the Paramount+ streaming network.

Paramount will be cutting 1,000 jobs this Wednesday as part of the major shakeup under new CEO David Ellison.

Former comedian Jon Stewart’s contract to host Comedy Central’s basement-rated The Daily Show ends in December. Now, probably because he has no other options and has failed at everything else, Stewart says he’s in talks with Comedy Central to continue on.

Yellowstone creator Taylor Sheridan, one of the most successful television creators in history, will leave his current home at Paramount for NBC Universal.

Mass layoffs across Paramount Skydance are set to begin the week of 27 October with some 2,000 U.S. jobs expected to be targeted.

Far-left MTV is shutting down five of its music channels in the United Kingdom. Australia, Poland, France, and Brazil will soon follow. And the future does not look bright for the 44-year-old brand here in the U.S.

CBS News journalists have expressed fear now that Bari Weiss, who resigned from the New York Times due to opposition from woke staffers, could be made editor-in-chief.

A pledge by more than 4,000 actors and filmmakers, including some Hollywood A-listers, to boycott the Israeli film industry was met Saturday with a very public denunciation by Paramount.

Comedy Central’s long-running “South Park” series faced fierce backlash over a recent episode mocking Turning Point USA founder Charlie Kirk, after Kirk was assassinated on Wednesday.

In his first appearance on the show since July, Jon Stewart began to needle the idiotic left-wing Internet rumors that President Donald Trump had died last week and the White House was hiding the truth.”Trump is alive. Although, I definitively would not go so far as to say ‘alive and kicking,” Stewart said during the segment.

House Democrats have launched an investigation into the Paramount-Skydance merger, inquiring if the company gave President Donald Trump an “illegal bribe” to ensure the FCC approved the $8 billion deal.

With the 27th season’s third episode, “South Park” is once again wallowing in its obsession over President Donald Trump’s penis. The show also excoriated Trump’s immigration policies and ridiculed his crackdown on D.C. crime, roasted ChatGPT, and trolled the tech bros.

TV megaproducer Shonda Rhimes says she fears Hollywood creatives are “self-censoring” to appease President Donald Trump following his settlements with Disney and Paramount.

A veteran television anchor for Boston’s CBS affiliate filed a lawsuit claiming she was demoted to fulfill corporate diversity quotas.

Shari Redstone, the former controlling shareholder for Paramount, called the company’s $16 million settlement with Trump a “no-brainer.”

ABC’s Live host Jimmy Kimmel sat with Variety and railed against CBS canceling “The Late Show with Stephen Colbert,” President Donald Trump, and media reporting that widely concluded Colbert’s show was losing tens of millions for CBS and its former parent Paramount.

UFC President Dana White told CBS Mornings on Tuesday that the highly anticipated UFC 4th of July fight card at the White House in 2026 is going forward.

With its deal with Disney-owned ESPN set to expire at the end of the year, the UFC has signed a new contract with Paramount.

Skydance Media and Paramount Global have completed their merger, creating a new media conglomerate and ending months of turmoil over the deal that has drawn allegations of corruption directed at the Trump administration.

More than 2,300 Hollywood power players have signed a letter attacking President Donald Trump for what they call an “authoritarian assault” on free speech over his defamation lawsuits against left-wing media organizations.

Skydance Media is now saying it played no role whatever in the cancellation of CBS’s “The Late Show with Stephen Colbert.”

After last week’s “South Park” season 27 opener featuring Donald Trump begging Satan for sex, the irreverent cartoon series is skipping a week. But, don’t worry. The Comedy Central show will return next week with yet another episode featuring Trump and Satan.

Piers Morgan called late-night hosts “hyper-partisan activist hacks for the Democrats,” adding that it is “no wonder” “The Late Show” host Stephen Colbert “got canned.”

CBS late-night host Stephen Colbert’s “The Late Show” became a “therapy” session for liberals, according to a new study.
