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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. […]
David Zaslav just pulled off one of the greatest media mergers of the century — but that doesn’t mean he’s done wheeling and dealing. The wily CEO of Warner Bros. Discovery has sold the media giant for $72 billion — more than doubling its value in a matter of months. He may get even more, […]
Netflix on Friday announced plans to acquire Warner Bros. Discovery’s studio and streaming business in a $72 billion deal – beating out Paramount and Comcast after a brutal bidding war. The merger is set to take place after WBD spins off its Discovery Global business into a new publicly-traded company, which is expected to be […]
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 […]
Senior White House officials recently discussed antitrust concerns surrounding Netflix’s interest in acquiring the Warner Bros. studio and the HBO Max streaming service – raising doubts whether such a deal would give Netflix too much power over Hollywood, The Post has learned. The high-level meeting that took place about 10 days ago hasn’t been previously […]
For those wagering against Comcast in the bidding war for Warner Bros. Discovery, the cable giant’s CEO Brian Roberts is signaling that he will see their bets – and that he may raise them, too. People with direct knowledge say that Roberts – scrambling to reinvigorate Comcast’s shrinking empire – plans to join a second […]
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 […]
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 10% higher in morning trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding […]
The list of suitors for Warner Bros. Discovery is poised to get longer – with possible bidders that include cable-TV giant Comcast, On The Money has learned. As first reported by The Post, Paramount Skydance chief David Ellison is in talks with private equity giants including Apollo Global Management to join a possible bid to buy […]
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, […]
