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Industry News

Deals & M&A

  • Paramount-WBD Pact Is ‘Not a Done Deal,’ California AG Teases ‘Vigorous’ Investigation

    “These two Hollywood titans have not cleared regulatory scrutiny,” Rob Bonta adds

    By

    Alyssa Ray
    February 26, 2026 @ 6:40 PM
    Deals & M&A
    6:40 PM
    Paramount-WBD Pact Is ‘Not a Done Deal,’ California AG Teases ‘Vigorous’ Investigation
  • What Paramount’s Winning Warner Bid Means: More Movies, More Debt and a CNN in Question

    For months, Hollywood has been transfixed and horrified by the prospect of either Netflix or Paramount winning the day

    By

    Sharon Waxman
    February 26, 2026 @ 5:43 PM

    Pro Available to WrapPRO members

    Columns
    5:43 PM
    What Paramount’s Winning Warner Bid Means: More Movies, More Debt and a CNN in Question

    Pro Available to WrapPRO members

  • Elizabeth Warren Questions What Trump White House Told Netflix Before Paramount’s WBD Merger Victory

    “A handful of Trump-aligned billionaires are trying to seize control,” the Democratic senator says

    By

    Jeremy Fuster
    February 26, 2026 @ 5:32 PM
    Deals & M&A
    5:32 PM
    Elizabeth Warren Questions What Trump White House Told Netflix Before Paramount’s WBD Merger Victory
  • Warner Bros. Activist Investor Says Paramount Deal Is ‘Win-Win’ for Shareholders and Hollywood

    “We’re thrilled to have shined a light on the need for the WBD Board to pursue a larger, more certain deal with Paramount,” Ancora Holdings says

    By

    Lucas Manfredi
    February 26, 2026 @ 4:21 PM
    Business
    4:21 PM
    Warner Bros. Activist Investor Says Paramount Deal Is ‘Win-Win’ for Shareholders and Hollywood
  • CNN CEO Tells Staff ‘Don’t Jump to Conclusions’ After WBD Deal Pivots to Paramount

    Free press groups, meanwhile, sound the alarm on Paramount running both CBS and CNN: “Should be unthinkable”

    By

    Tess Patton
    February 26, 2026 @ 4:19 PM
    Deals & M&A
    4:19 PM
    CNN CEO Tells Staff ‘Don’t Jump to Conclusions’ After WBD Deal Pivots to Paramount
  • Paramount Snatches Warner Bros. From the Jaws of Netflix | Analysis

    Paramount capitalized on rising regulatory pressure on Netflix to slip in with its “superior proposal”

    By

    Roger Cheng
    February 26, 2026 @ 4:03 PM

    Pro Available to WrapPRO members

    Deals & M&A
    4:03 PM
    Paramount Snatches Warner Bros. From the Jaws of Netflix | Analysis

    Pro Available to WrapPRO members

  • Warner Bros. Discovery CEO Says Paramount Deal Will Create ‘Tremendous Value’ for Shareholders

    David Zaslav also thanked Netflix’s Ted Sarandos, Greg Peters and Spencer Neumann for being “extraordinary partners” throughout the sale process

    By

    Lucas Manfredi
    February 26, 2026 @ 3:52 PM
    Deals & M&A
    3:52 PM
    Warner Bros. Discovery CEO Says Paramount Deal Will Create ‘Tremendous Value’ for Shareholders
  • Paramount’s David Ellison Called to Senate Antitrust Hearing After Netflix Exits WBD Bidding War

    The Paramount CEO previously said he’s willing to testify before Congress on the deal

    By

    Benjamin Lindsay
    February 26, 2026 @ 3:37 PM
    Deals & M&A
    3:37 PM
    Paramount’s David Ellison Called to Senate Antitrust Hearing After Netflix Exits WBD Bidding War
  • Netflix Stock Surges Over 9% After Streamer Bows Out of Warner Bros. Race

    Shares of Paramount jumped 5.2% in after-hours trading on Thursday, while WBD fell 1.9%

    By

    Lucas Manfredi
    February 26, 2026 @ 3:33 PM
    Deals & M&A
    3:33 PM
    Netflix Stock Surges Over 9% After Streamer Bows Out of Warner Bros. Race
  • Netflix Bows Out of Warner Bros. Race, Declines to Match Paramount’s Bid

    The streamer says a deal is “no longer financially attractive” after Paramount upped its offer to $31 per share

    By

    Adam Chitwood and Lucas Manfredi
    February 26, 2026 @ 2:49 PM
    Deals & M&A
    2:49 PM
    Netflix Bows Out of Warner Bros. Race, Declines to Match Paramount’s Bid
  • Warner Bros. Discovery Board Determines Paramount Skydance’s $31 Per Share Offer Is ‘Superior Proposal’ to Netflix Bid

    The streaming giant will have four business days to match David Ellison’s latest offer

    By

    Lucas Manfredi
    February 26, 2026 @ 1:22 PM
    Deals & M&A
    1:22 PM
    Warner Bros. Discovery Board Determines Paramount Skydance’s $31 Per Share Offer Is ‘Superior Proposal’ to Netflix Bid
  • Senate Sets 2nd Netflix-Warner Bros. Antitrust Hearing

    The hearing will examine competition and monopsony concerns around the $83 billion deal

    By

    Lucas Manfredi
    February 26, 2026 @ 1:02 PM
    Business
    1:02 PM
    Senate Sets 2nd Netflix-Warner Bros. Antitrust Hearing
  • Dave Franco Sundance Comedy ‘The Shitheads’ Acquired by IFC

    O’Shea Jackson Jr., Mason Thames and Kiernan Shipka co-star in Macon Blair’s latest directorial effort

    By

    Alex Welch
    February 26, 2026 @ 9:50 AM
    Movies
    9:50 AM
    Dave Franco Sundance Comedy ‘The Shitheads’ Acquired by IFC
  • Netflix’s Ted Sarandos to Meet With AG Pam Bondi, White House’s Susie Wiles

    The meeting comes as the regulator is reviewing the streamer’s $83 billion bid for Warner Bros. Discovery’s studio and streaming assets

    By

    Lucas Manfredi
    February 26, 2026 @ 8:52 AM
    Business
    8:52 AM
    Netflix’s Ted Sarandos to Meet With AG Pam Bondi, White House’s Susie Wiles
  • Warner Bros. Discovery Tops 131 Million Streaming Subscribers Amid M&A Drama

    The media giant, pursued by both Netflix and Paramount, saw fourth-quarter results hurt by pay TV subscriber declines and the loss of NBA rights

    By

    Lucas Manfredi
    February 26, 2026 @ 4:03 AM

    Pro Available to WrapPRO members

    Business
    4:03 AM
    Warner Bros. Discovery Tops 131 Million Streaming Subscribers Amid M&A Drama

    Pro Available to WrapPRO members

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