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The Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images A day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies’ regulatory path forward. The WBD board said […]
There were several reasons why streaming giant Netflix pulled out of the bidding war for Warner Bros. Discovery. You might want to add Susan Rice to the list. The former Obama national security adviser, UN ambassador, partisan Democrat and currently a Netflix board member made a splash last week, and not in a good way. Just as the Trump administration’s Department […]
Netflix CEO Ted Sarandos failed Thursday to convince a skeptical Trump administration to approve his proposed takeover of Warner Bros. Discovery – and with that, his nearly done deal to buy WBD’s streaming service and studio went into a death spiral. Late Thursday, WBD deemed a revised bid of $31 a share from rival Paramount […]
Netflix CEO Ted Sarandos arrives at the White House on Feb. 26, 2026 in Washington, DC. Andrew Leyden | Getty Images Netflix is walking away from a deal to buy Warner Bros. Discovery’s studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. […]
An aerial view of the Paramount logo on the water tower at Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Warner Bros. Discovery on Tuesday said it had received a higher takeover offer from Paramount Skydance and will review the new bid under the terms of its existing […]
President Donald Trump late Saturday called on Netflix to fire board member Susan Rice or “pay the consequences,” after she said Democrats would push for corporate accountability if they regain power in the November midterm elections. In a Truth Social post on Saturday, Trump described Rice, who served as President Joe Biden’s domestic policy chief […]
Warner Bros. Discovery on Tuesday said it will reopen deal talks with Paramount Skydance under a seven-day waiver from Netflix to explore “deficiencies” in Paramount’s offer to buy the entirety of WBD. The legacy media company has a pending transaction with Netflix for its streaming and studio businesses. Paramount launched a hostile tender offer straight […]
Warner Bros. Discovery announced Tuesday it will restart talks with Paramount Skydance following the media giant’s revised offer – potentially heating up a bidding war with Netflix once again. Paramount last week sweetened its $30 per share all-cash offer with an agreement to pay the $2.8 billion termination fee to Netflix, as well as a […]
Bankers for Paramount Skydance have been actively looking for activist investors to help it upend Warner Bros. Discovery’s sale of its studio and streaming service to Netflix, On The Money has learned. One emerged on Wednesday when Ancora Holdings announced it had built a tiny stake – just $200 million in a company with a […]
Noah Schnapp, Caleb McLaughlin, Finn Wolfhard and Gaten Matarazzo star in Season 5 of Netflix’s “Stranger Things.” Courtesy: Netflix The original concept for what would become “Stranger Things” was rejected by more than 15 studios before landing a spot on Netflix’s roster of original programming. A decade later, the show created, written and directed by […]
