Deals & M&A
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Paramount Stock Jumps Over 5% as Warner Bros. Reopens Sale Talks
Shares of the David Zaslav-led media giant rose 2.3%, while Netflix stock slid 1.4% following the announcement
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Netflix Blasts ‘Ongoing Distraction’ From Paramount as Warner Bros. Asks for David Ellison’s ‘Best and Final’ Offer
The streamer said that its $83 billion deal is “the only certain path to delivering value to WBD’s stockholders”
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Warner Bros. Discovery Reopens Talks With Paramount Over Possible Higher Bid
The media giant, which still backs the $83 billion Netflix deal, also set a shareholder vote for March 20 at 8 a.m. ET
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How Warner Bros. Could Supercharge Netflix’s Advertising Business | Analysis
 A combination would offer more leverage to go after a bigger slice of Madison Avenue’s dollars, experts tell TheWrap
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Wasserman Agency to Be Renamed After Founder Casey Wasserman Sells His Stake | Exclusive
Discussions are underway at majority owner Providence Equity to give the sports and talent agency a new name
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Warner Bros. Discovery Considers Restarting Talks With Paramount Skydance After Revised Proposal
WBD board members are discussing whether the new offer might make for a better outcome or push Netflix to sweeten its bid, Bloomberg reports
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Department of Justice Antitrust Chief Gail Slater to Exit Role Amid Netflix-WB Deal Review
The agency is also reviewing Paramount’s $108.4 billion hostile takeover bid
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Apple Buys ‘Severance’ From Fifth Season as Studio Readies Season 3
The deal will see the indie studio stay on as an executive producer for the Emmy-winning drama series
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Warner Bros. Activist Investor Says Paramount Bid Is ‘Once in a Lifetime’ Opportunity
Ancora Alternatives president James Chadwick says the firm plans to grow its $200 million stake and is interviewing director candidates as it mulls a proxy fight over Netflix’s $83 billion deal
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Propagate Content Secures $50 Million Investment From Ares Management
The deal values the studio behind Apple TV’s “Stick” and CNN’s “I’m Chevy Chase and You’re Not” at more than $200 million
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The Resistance Against the Netflix-Warner Bros. Merger Is Taking Root
Unions, trade orgs, and grassroots coalitions are working together to warn regulators of the damage any merger will do to entertainment workers
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Deals & M&A
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Activist Investor Ancora Holdings Builds $200 Million Warner Bros. Stake, Plans to Oppose Netflix Deal
The firm, which has accused the board of not adequately engaging with Paramount, is threatening to launch a proxy fight
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Paramount’s ‘Sweeter’ Bid Isn’t What Warner Bros. Investors Are Looking For | Analysis
David Ellison dresses up his prior bid with some new accoutrements, but the same core offer may disappoint shareholders
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Warner Bros. Discovery Board to ‘Carefully Review and Consider’ Paramount’s Latest Amended Offer
David Ellison’s new $30-per-share bid includes a 25 cents-per-share ticking fee and a commitment to pay a $2.8 billion termination fee to Netflix
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Fox’s Red Seat Ventures Buys Podcast Creator Subscription Platform Supercast
The company will continue to operate autonomously under its founder and CEO Jason Sew Hoy and accelerate investment in product development, creator growth and team expansion
