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Business

  • Choosing Netflix Over Paramount Was ‘Not a Hard Choice,’ Warner Bros. Discovery Board Chair Says

    The rejection of Paramount comes as David Ellison has taken his all-cash, $30 per share bid directly to the media giant’s shareholders

    By

    Lucas Manfredi
    December 17, 2025 @ 7:24 AM
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    7:24 AM
    Choosing Netflix Over Paramount Was ‘Not a Hard Choice,’ Warner Bros. Discovery Board Chair Says
  • Paramount Undeterred by Warner Board Rejection, Forging Ahead With $30-Per-Share Offer

    “We will continue to move forward to deliver this transaction, which is in the best interest of WBD shareholders, consumers and the creative industries,” David Ellison says

    By

    Adam Chitwood
    December 17, 2025 @ 7:19 AM
    Business
    7:19 AM
    Paramount Undeterred by Warner Board Rejection, Forging Ahead With $30-Per-Share Offer
  • ‘Melania’ Trailer: Melania Trump Heads Back to Washington in Amazon Documentary

    The Brett Ratner-directed doc hits theaters on Jan. 30

    By

    Corbin Bolies
    December 17, 2025 @ 6:47 AM
    Business
    6:47 AM
    ‘Melania’ Trailer: Melania Trump Heads Back to Washington in Amazon Documentary
  • Paramount’s Bid for Warner Bros. Discovery May Face Impossible Odds as Board Rejects Hostile Offer

    WBD’s rejection comes a day after Trump slammed the Ellisons, raising questions about their relationship with the White House

    By

    Lucas Manfredi
    December 17, 2025 @ 6:00 AM

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    Business
    6:00 AM
    Paramount’s Bid for Warner Bros. Discovery May Face Impossible Odds as Board Rejects Hostile Offer

    Pro Available to WrapPRO members

  • Netflix Touts ‘Superior’ $83 Billion Warner Bros. Deal to Shareholders After Paramount Rejection

    The streamer also claimed its deal has “overwhelming” support from U.S. consumers, sharing a new survey

    By

    Lucas Manfredi
    December 17, 2025 @ 5:19 AM
    Business
    5:19 AM
    Netflix Touts ‘Superior’ $83 Billion Warner Bros. Deal to Shareholders After Paramount Rejection
  • Warner Bros. Discovery Board Rejects Paramount’s ‘Inadequate’ and ‘Illusory’ $108.4 Billion Cash Bid

    The move comes as David Ellison has already taken the offer directly to the media giant’s shareholders

    By

    Lucas Manfredi
    December 17, 2025 @ 4:03 AM
    Business
    4:03 AM
    Warner Bros. Discovery Board Rejects Paramount’s ‘Inadequate’ and ‘Illusory’ $108.4 Billion Cash Bid
  • Billy Crystal, Albert Brooks and More Remember Rob and Michele Reiner in a Poignant Joint Statement: ‘We Will Miss Them Forever’

    “They were a special force together-dynamic, unselfish and inspiring,” the late couple’s celebrity friends write

    By

    Alyssa Ray
    December 16, 2025 @ 7:04 PM
    Business
    7:04 PM
    Billy Crystal, Albert Brooks and More Remember Rob and Michele Reiner in a Poignant Joint Statement: ‘We Will Miss Them Forever’
  • E.W. Scripps Board Unanimously Rejects Sinclair’s $622 Million Takeover Bid

    The proposed deal would have given Scripps investors about 12.7% of the combined company

    By

    Tess Patton
    December 16, 2025 @ 4:00 PM
    Business
    4:00 PM
    E.W. Scripps Board Unanimously Rejects Sinclair’s $622 Million Takeover Bid
  • CAA Raises $315,000 for Youth and Community Programs With Global Young Party Initiative | Exclusive

    The annual fundraisers pushed the foundation’s cumulative fundraising total past $5.6 million since its launch in 2002

    By

    Benjamin Lindsay
    December 16, 2025 @ 3:50 PM
    Business
    3:50 PM
    CAA Raises $315,000 for Youth and Community Programs With Global Young Party Initiative | Exclusive
  • Stephen Colbert Auctions $57,050 and Counting of ‘Late Show’ Goods Ahead of May Finale

    “It’s perfect if you love ‘The Late Show,’” Paul Rudd says in a skit. “Or if you hate it, and you just want to watch Stephen cry and lose his job.”

    By

    Jacob Bryant
    December 16, 2025 @ 3:13 PM
    Business
    3:13 PM
    Stephen Colbert Auctions $57,050 and Counting of ‘Late Show’ Goods Ahead of May Finale
  • Jared Kushner’s Affinity Partners Backs Out of Paramount’s Warner Bros. Discovery Bid

    Kushner’s involvement ended after Trump criticized the Ellisons, who own Paramount

    By

    Lucas Manfredi
    December 16, 2025 @ 1:35 PM
    Business
    1:35 PM
    Jared Kushner’s Affinity Partners Backs Out of Paramount’s Warner Bros. Discovery Bid
  • Stacey Snider Joins FilmNation Entertainment as Chief Creative Officer

    “Her unparalleled track record speaks for itself,” FilmNation CEO Glen Basner says 

    By

    Umberto Gonzalez
    December 16, 2025 @ 12:31 PM
    Business
    12:31 PM
    Stacey Snider Joins FilmNation Entertainment as Chief Creative Officer
  • ‘Wake Up Dead Man’ Debuts as Top Netflix Movie of the Week With 20.2 Million Views

    Diddy docuseries “Sean Combs: The Reckoning” was the No. 2 TV show, behind Rowan Atkinson’s “Man vs. Baby”

    By

    Loree Seitz
    December 16, 2025 @ 12:00 PM

    Pro Available to WrapPRO members

    Business
    12:00 PM
    ‘Wake Up Dead Man’ Debuts as Top Netflix Movie of the Week With 20.2 Million Views

    Pro Available to WrapPRO members

  • Fox News Panel Shames Trump for ‘Trolling’ Rob Reiner’s Murder: ‘Well Beneath Him and Beneath the Office’ | Video

    “It would have been better if the president had made no comment,” Fox’s Howard Kurtz shares

    By

    Raquel Calhoun
    December 16, 2025 @ 10:52 AM
    Business
    10:52 AM
    Fox News Panel Shames Trump for ‘Trolling’ Rob Reiner’s Murder: ‘Well Beneath Him and Beneath the Office’ | Video
  • The Reset: Private Equity Rises With the Warner Bros. Discovery Tide

    WBD’s bidding war is emboldening private equity for bigger deals in 2026

    By

    Tom Lowry
    December 16, 2025 @ 10:00 AM

    Pro Available to WrapPRO members

    Business
    10:00 AM
    The Reset: Private Equity Rises With the Warner Bros. Discovery Tide

    Pro Available to WrapPRO members

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