Deals & M&A
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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
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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
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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
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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
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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”
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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”
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Deals & M&A -
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
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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
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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%
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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
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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
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Senate Sets 2nd Netflix-Warner Bros. Antitrust Hearing
The hearing will examine competition and monopsony concerns around the $83 billion deal
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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
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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
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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
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