Financial magazine Barron’s says the Netflix deal to buy Warner Bros. Discovery is all but dead and that the streaming giant should look for a “graceful exit” to get out from under the eight-figure effort.
Feb. 25 (UPI) — Warner Bros. Discovery announced Tuesday that Paramount Skydance has raised its purchase offer to $31 per share, which may top Netflix’s offer.
Paramount has raised its offer to buy Warner Bros. Discovery in escalating its battle against Netflix acquiring the studio.
Netflix co-CEO Ted Sarandos claimed that Paramount Skydance has been “flooding the zone with misinformation” to derail the WB takeover.
Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount. And chances are it’ll be a long, bumpy regulatory road ahead for either buyer.
A Hollywood actors union is plotting to go on strike next year over the possible acquisition of Warner Bros. Discovery by Netflix.
Senator Tim Scott is warning of the dangers to customers the Netflix acquisition of Warner Bros. Discovery poses.
President Donald Trump’s administration is being urged to take a close look at Netflix’s LGBTQ+ inclusion in its children’s shows ahead of the streamer’s possible acquisition of Warner Bros. Discovery.
NEW YORK — Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers.
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.
Netflix is pursuing a deal to acquire Warner Bros. Discovery, a move that would create the largest consolidated streaming platform in U.S. history. Together, the two companies would control an estimated 139 million domestic subscribers — roughly 50 million more than the next-largest competitor — raising questions about market concentration within the entertainment industry.
Disney CEO Bob Iger is speaking out leaving little doubt over the dangers he fears that might manifest if a merger between streaming giant Netflix and entertainment giant Warner Bros. Discovery is approved by federal regulators.
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.”
The betting site Polymarket just gave Paramount a boost after its announcement of a $108 billion hostile takeover bid to buy Warner Bros.
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.
The Directors Guild of America (DGA) is set to meet with Netflix as theater owners call its acquisition of Warner Bros. Discovery an “unprecedented threat” to the movie business.
Weekly Wrap: Netflix Cuts In On Paramount’s Dance With Warner Bros Discovery Welcome back to Friday! This is our weekly wrap-up of economic, financial, and business news—proving that you can never step into the same stream twice. It’s been quite
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.
Netflix has come to an agreement to purchase Warner Bros Discovery for a whopping $83 billion. What happens next is key in sealing that deal.
White House officials reportedly discussed the potential firing of several CNN anchors disliked by President Donald Trump with billionaire investor Larry Ellison, a report says.
The Hollywood writer’s union is raising the alarm over the possible merger between Warner Bros. Discovery and Paramount Skydance, saying that such a merger would be a “disaster,” but President Donald Trump says he is all for the plan.
Warner Bros. Discovery is suing the generative artificial intelligence (AI) startup Midjourney for allegedly creating “countless” copies of its characters.
Warner Bros. Discovery’s credit rating is now junk, and it is all due to people cutting the cable TV cord.
The only thing dying faster than cable television is CNN, a far-left propaganda cable channel that spreads misinformation and violence against Jews.
Warner Bros. announced a new round of layoffs in the double-digits on Wednesday as the company makes cuts across linear cable groups.
Major Hollywood studios –Netflix, Disney, Warner Bros. Discovery, Paramount, and Comcast — saw their stocks slide as early Monday morning trading began, just hours after President Donald Trump said his administration will begin imposing a 100 percent tariff “on any and all” foreign films coming into the United States because, as he said, “The Movie Industry in American is DYING a very fast death.”
Cable networks like CNN were once the key assets in the entertainment world. Now they have become toxic, which is why Comcast unloaded them last month and Warner Bros. Discovery (WBD) is now looking to do the same.
Venu is nothing less than a monopoly, a wolf in sheep’s clothing to force streaming outlets to recreate the horrors of the CSTV bundle, which means you and I pay for dozens of networks we never watch.
All of these media companies are struggling, and the primary reason is the death of cable/satellite TV.
Joining so many other services in the era of Bidenomics, Warner Bros. Discovery is hiking the subscription rates for its Max streaming service.
Viewers continue to flee CNN and other networks owned by Warner Bros. Discovery in droves, pushing down advertising revenue in what has become a non-stop free fall for the cable TV industry.
An all-new Lord of the Rings franchise is coming, per Warner Bros. Discovery CEO David Zaslav.
In liberal Hollywood, the rich got richer while just about everyone else got poorer — or got laid off.
Warner Bros. Discovery CEO David Zaslav just got a whole lot richer, receiving a nearly 27 percent pay raise last year while overseeing mass layoffs at the media conglomerate.
Two Warner Bros. Discovery executives have resigned from the Board of Directors after the DOJ told them they were under investigation.
Cartoon Network — whose animated programming caters primarily to children and young viewers — has publicly voiced support for the “Transgender Day of Visibility,” which took over Easter Sunday this year. In a celebratory Instagram post, the network offered adulation to what it called its “transgender and gender non-conforming family.”
Shocking revelations about the toxic culture of iconic children’s television shows in the 1990s and early 2000s at Nickelodeon and executive Dan Schneider were unearthed in Investigation Discovery’s Quiet on Set: The Dark Side of Kids TV, which debuted on March 17.
Antitrust experts are raising alarm bells as entertainment giant Disney aims to control over 80 percent of nationally broadcast sporting events through joint venture with Fox and Warner. The CEO of competing platform Fubo says that Disney “has consistently engaged in anticompetitive practices that aim to monopolize the market, stifle any form of competition, create higher pricing for subscribers and cheat consumers from deserved choice.”
Warner Bros. Discovery, Inc., the parent company of the Discovery Channel, appeared to express remorse in a letter to members of Congress made public on Thursday about its decision to co-produce a travel program with Chinese state media focused on occupied East Turkistan, where the Communist Party has been engaging in genocidal activities since at least 2017.
Warner Bros. Discovery — the parent company of CNN, Warner Bros., HBO, and numerous other media properties — is getting hammered by weak TV advertising, causing its earnings to fall short of expectations and its stock to plunge as investors worry about the media giant’s financial prospects.
