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Paramount, a Skydance Corporation (NASDAQ: PSKY) (“Paramount”), today announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery, Inc. (NASDAQ: WBD) (“WBD”) for $30.00 per share in cash. Paramount’s proposed transaction is for the entirety of WBD, including the Global Networks segment. Paramount’s strategically and financially … Read more
Days after Netflix announced it had won the bidding war over Warner Bros. Discovery – thanks to an agreement valued at $82.7 billion – it appears that the deal may hit a sizable roadblock: Donald Trump. The US President said the combined size of the duo “could be a problem.” Speaking at an event at … Read more
In November, Ted Sarandos, Netflix’s co-CEO made a trip to the White House for a lengthy meeting with Donald Trump. According to Bloomberg, the two discussed a number of topics, but chief among them was Netflix’s plan to bid on Warner Bros. At the end of their conversation, Sardonos felt that “Netflix wouldn’t face immediate … Read more
Every seven days we put together an ICYMI (In Case You Missed It) round-up like this one, so you can cast an eye over the most important stories that happened in tech land since this time last week – and once again, it’s been another busy week of news and reviews. We’ve got everything from … Read more
Netflix has announced a deal to buy Warner Bros. Discovery The deal is a massive shake-up for streaming, TV, movies, and theaters Experts have predicted price hike,s but also simpler streaming options The streaming world is still reverberating from the bombshell news that Netflix has agreed a $72 billion deal to buy Warner Bros. Discovery. … Read more
Warner Bros. has an infamous history of being bought by other companies and then quickly ending up back on the market after its new owners realize how difficult it is to capitalize on a legacy production studio’s assets. Those challenges are part of what doomed WB’s mergers with AOL and AT&T, who bought the studio … Read more
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 was … Read more
The final month of 2025 is upon us – and December has come out swinging with a pre-Christmas bounty of new movies to enjoy on the world’s best streaming services. For those of a TV show persuasion, Netflix has also served up a new Western-era series and, depending on your music proclivities, a documentary that’s … Read more
Netflix agrees deals to acquire Warner Bros. Discovery for $81.7 billion The deal could be a huge shake-up for movies, TV, and streaming The announcement hints that HBO Max titles will be available to Netflix subscribers One of the biggest entertainment industry changes in decades looks set to happen, because Netflix and Warner Bros. Discovery … Read more
Netflix is poised to purchase Warner Bros.’ studio and streaming business after being selected as the winner of the bidding war for the media giant. The two companies will now move forward into exclusive deal talks, TheWrap reports, likely including a $5 billion break-up fee in case regulators block the buyout. Netflix reportedly offered $30 … Read more