Paramount extends deadline on hostile Warner Bros. bid
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Paramount sues for transparency over Warner Bros. Discovery’s proposed Netflix bid, launching tentative proxy contest to disrupt sale as political pressure intensifies.
Lawmakers have pushed back on the mega media merger.
The contest between Netflix and Paramount for Warner Bros. has storylines and personalities that would make gossip mongers from Louella Parsons to Maria Menounos gape.
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David Ellison says Paramount-WBD deal would 'strengthen the entertainment industry as a whole' in leaked staff memo
Paramount Skydance CEO David Ellison shared in a memo to his employees Monday his intentions for acquiring Warner Bros. Discovery and how the deal could shape the entertainment ecosystem. "We believe the combination of Paramount and Warner Bros. Discovery ...
A federal appeals court on Friday tossed a copyright lawsuit claiming Tom Cruise’s 2022 hit sequel "Top Gun: Maverick" improperly used material from a magazine article that inspired the original 1986 film. The 9th U.S. Circuit Court of Appeals in ...
NEW YORK (AP) — Paramount has gone hostile in its bid for Warner Bros. Discovery, challenging Netflix, which reached a $72 billion takeover deal with the company just days ago. Paramount said Monday that it is going straight to Warner Bros ...
NEW YORK (AP) — Paramount on Monday launched a hostile takeover offer for Warner Bros. Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and a famed movie studio along with the power to ...
Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company.
Despite acknowledging Warner Bros. Discovery’s rejection, Paramount Skydance reaffirmed its $30.00 per share, fully financed, all-cash offer. “Our offer clearly provides WBD investors greater value and a more certain, expedited path to completion ...
Warner Bros Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio.
European Union regulators are poised to review competing bids for Warner Bros. Discovery Inc. at the same time — thrusting Netflix Inc. and Paramount Skydance Corp. into a rare head-to-head antitrust battle.