Product that tells our story
US film producer David Ellison arrives for Paramount’s “Transformers: Rise Of The Beasts” premiere in New York City on June 5, 2023. Angela Weiss | Afp | Getty Images Paramount Skydance on Monday guaranteed the backing of billionaire Larry Ellison in an amended offer for Warner Bros. Discovery — a clear response to questions raised […]
Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery. Mario Anzuoni | Mike Blake | Reuters Hours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any […]
Paramount Skydance on Monday doubled down on its hostile bid for Warner Bros. Discovery, amending its $30-per-share all-cash offer to include a massive personal guarantee from Oracle billionaire Larry Ellison. The media company said Ellison has agreed to personally back $40.4 billion of the equity financing for the deal, a move aimed at countering Warner […]
The word inside CNN is that staffers are thrilled that their parent, Warner Bros. Discovery, agreed to merge with Netflix instead of Paramount Skydance. They fear the latter’s Trump-friendly owners, Larry and David Ellison, would kill the network once they get their grubby hands on “The Most Trusted Name In News.” The Ellisons may be […]
The Paramount logo is displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Mario Tama | Getty Images The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix. Last […]
Why does Paramount Skydance need the Persian Gulf to finance its bid for Warner Bros. Discovery? It’s a niggling question that hasn’t gone away for Paramount Skydance owners David and Larry Ellison, the son-and-father duo now scrambling to persuade shareholders of the company, known as WBD, to sell the media giant to them instead of Netflix. […]
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a monthslong bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30 per share offer. That’s the same bid WBD rejected last week and equates […]
Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery’s potential selection of Netflix as its merger partner – even as the streaming giant submitted a higher offer in the latest round of bidding, The Post has learned. Netflix has […]
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness […]
Paramount Skydance has the inside track to acquire Warner Bros. Discovery, according to well-placed media executives — and it’s all about a cable network that has a troubled relationship with Donald Trump. As first reported by The Post, the battle for control of WBD officially kicked off on Thursday at noon, as Paramount Skydance, Comcast […]
