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Warner Bros. Discovery shares spike as CEO shops media group around — setting up bidding war

admin September 14, 2025 0 Comments

David Zaslav wants a bidding war for his media conglomerate — and investors say “bring it on!” Shares of Warner Bros. Discovery spiked 17% to $18.87 on Friday after The Post reported that CEO Zaslav isn’t waiting around for Paramount Skydance to officially confirm a reported monster bid for the owner of Warner Bros. studios, […]

News Corp profits spike nearly 30% in fourth quarter, revenue rises 1%

admin August 6, 2025 0 Comments

News Corp – parent company of The Post – reported Tuesday that quarterly profits soared 28% and revenue ticked up 1%, beating Wall Street’s expectations. Net income from continuing operations for the fourth quarter was $86 million, compared to $67 million in the prior year period, the company said. Revenues rose to $2.11 billion, compared […]