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Democrats are in full panic mode as the changes at CBS News and 60 Minutes have become apparent. Under the new ownership of Paramount (and Larry Ellison with his son David), CBS News is now doing real reporting exposing government fraud in California. Now Ellison is also buying CNN along with all of the assets …
Fitch has downgraded Paramount’s debt to junk status and put the media giant on a negative credit watch over uncertainty related to its $110 billion merger with Warner Bros. Discovery, warning that its leverage and free cash flow “may remain outside negative rating sensitivities” for longer than anticipated. The firm said the downgrade reflects “competitive …
🔥🚨BREAKING: Netflix just dropped out the massive bidding war for Warner Discovery resulting in Paramount being awarded Warner Brothers. Netflix co-CEOs Ged Sarandos and Greg Peters released a statement saying the deal was “no longer financially attractive.” pic.twitter.com/HFQQfi6qO4 — Dom Lucre | Breaker of Narratives (@dom_lucre) February 27, 2026 That’s All, Folks: Netflix Walks Away …
Netflix’s Acquisition Of Warner Bros Bad For America, GOP Attorneys General Tell Feds As events are leaning toward David Ellison and Paramount prevailing in its $108 billion hostile-takeover bid for Warner Bros Discovery, almost a dozen Republican state attorneys general are insisting that the federal government heavily scrutinize Netflix‘s bid for the iconic studio. “We, …
Source: https://finance.yahoo.com/news/doj-probes-netflix-power-over-233132671.html The Justice Department’s investigation of Netflix Inc.’s (NFLX) proposed $72 billion takeover of Warner Bros. Discovery Inc. (WBD) includes scrutiny of the streaming giant’s behavior and whether it wields anticompetitive leverage over creators in negotiations for acquiring programming. The department is seeking to determine whether the deal “may substantially lessen competition or tend to …
Source: https://finance.yahoo.com/news/oracles-larry-ellison-agrees-to-backstop-404-billion-in-financing-for-paramount-acquisition-of-warner-bros-145133265.html Shares in Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) spiked Monday after Larry Ellison, the centibillionaire founder and executive chairman of Oracle (ORCL), agreed to personally backstop $40.4 billion in equity financing for Paramount’s proposed acquisition of Warner Bros. Paramount stock rose over 4%, while Warner Bros. shares rose by over 3.5%. In a securities …
The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries “numerous significant risks and costs on WBD.” With the rejection official, Paramount will need to persuade WBD shareholders to tender their shares at that price, …
David Ellison-run Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn’t plan to buy WBD’s TV networks. Paramount has repeatedly argued …
https://www.theverge.com/news/805387/warner-bros-sale-netflix-amazon-apple-interested Three of the rumored potential buyers for entertainment titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are all interested in buying Warner Bros. Discovery as a whole or acquiring pieces of the company, like its content libraries and production assets, according to Bloomberg. Earlier this week, Warner Bros. Discovery announced it …
Warner Bros. Discovery did not announce a sale. It started tearing itself apart in slow motion. The media calls it “strategic alternatives” and “value unlocking,” but that is corporate camouflage. What is really happening is a controlled fire sale dressed up as business strategy. CNN, HBO, DC, and TNT are not cultural giants anymore. They …
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 8% higher in premarket trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding …
Warner pushes bill requiring banks to test discount window The lawmaker introduced a measure that would reduce stigma tied to the Fed’s short-term lending facility, which has seen a litany of attention from regulators in recent weeks. Dive Brief: Sen. Mark Warner, D-VA, introduced legislation Thursday seeking to require banks to engage in periodic test …
NBA Slam Dunks Warner Bros Discovery, Says Company Lacks Reach & Cash To Challenge Amazon TV Rights Deal; TNT Insists League’s “Actions Are Unjustified” As Court Battle Heats Up Unless someone calls a time out soon, the legal game between the NBA and Warner Bros Discovery over small-screen basketball rights that the still David Zaslav-run …
What had been obvious “to the rest of us” for years, is finally official: late last night, shares of Warner Bros. Discovery, the parent of CNN and TNT, crashed 10% to the lowest level on record after it reported dire results, which missed across the board and plunged across every income statement category… … but …
Warner Bros. Discovery will test out CNN news alerts while Max viewers are watching TV shows and movies on the platform.https://t.co/qK2W3tAU5l — Variety (@Variety) August 30, 2023 You might call it CNN Headline News — for the streaming era. Warner Bros. Discovery plans to unveil a 24/7 live-streamed news service called “CNN Max” on September …