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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 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 […]
Paramount Skydance said it will make $1.5 billion in programming investments next year in its first quarterly results for the combined company since the completion of the $8.4 billion merger. Shares of the company were up 7% in trading after the bell. Paramount Global and Skydance Media completed their merger in August, installing new leadership at the media […]
Paramount Skydance will begin firing 1,000 employees on Wednesday — the first phase of sweeping layoffs that will ultimately eliminate about 2,000 positions as CEO David Ellison pushes to trim $2 billion in costs. The firings mark the first major restructuring since Skydance Media completed its $8.4 billion merger with Paramount Global in August, creating […]
Paramount Skydance is working with an investment bank as it prepares an offer for Warner Bros. Discovery, according to people familiar with the matter. Warner Bros. Discovery had yet to receive an offer as of Thursday, according to people familiar with the matter, who spoke on the condition of anonymity to discuss nonpublic dealings. A […]
The Federal Communications Commission on Thursday gave the green light to the $8.4 billion merger between Paramount Global and Skydance Media – finally clearing the way for a deal that had been throttled by allegations of bias against CBS News. The merger, expected to be completed in the next few weeks, will give independent film […]
Skydance CEO David Ellison has reportedly held talks with Bari Weiss to buy her online news site The Free Press — fueling growing speculation that he is wooing the right-of-center voice to join CBS News once his company’s long-stalled merger with Paramount is approved. The discussions are in the early stages, a source close to […]
