Feb 17 Warner Bros reopens takeover talks with Paramount after receiving waiver from Netflix By Michelle Chapman, Wyatte Grantham-Philips, Associated Press Warner Bros. Discovery is briefly reopening takeover talks with Skydance-owned Paramount to hear the company's “best and final” offer, while the Hollywood giant continues to back the studio and streaming deal it struck with Netflix. Continue reading
Jan 07 Warner Bros rejects Paramount bid again, tells shareholders to support Netflix offer By Wyatte Grantham-Philips, Michelle Chapman, Associated Press Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9… Continue reading
Dec 22 Watch 7:44 Proposed Warner Bros. sale prompts concerns among Hollywood's creative community By Jeffrey Brown, Azhar Merchant Paramount is engaged in a battle to buy Warner Bros., but Netflix's proposed $83 billion offer is still considered the favorite, for now. Talk of this deal has triggered widespread fears in Hollywood about what this could mean for the… Continue watching
Dec 08 Watch 6:40 News Wrap: Paramount Skydance starts bidding war for Warner Bros. Discovery In our news wrap Monday, Paramount Skydance launched a hostile all-cash offer directly to Warner Bros. Discovery shareholders just days after a deal was formed with Netflix, President Trump's former personal lawyer resigned as acting U.S. attorney in New Jersey,… Continue watching
Dec 08 Trump says 'there's no question' Netflix deal to buy Warner Bros. could be problematic By Darlene Superville, Associated Press The $72 billion deal would bring together two of the biggest players in television and film and potentially reshape the entertainment industry. Continue reading
Dec 08 Paramount offers Warner Bros. shareholders $74.4 billion for the company, challenging Netflix's deal By Michelle Chapman, Associated Press Paramount said that it is going straight to Warner Bros. shareholders with a bid worth about $74.4 billion, or $30 per share in cash. Continue reading
Oct 06 Watch 6:57 What Paramount's shake-up of CBS News leadership means for the media landscape By Amna Nawaz, Azhar Merchant Paramount announced it is acquiring The Free Press, the independent news and commentary website founded in 2021 by Bari Weiss. As part of the deal, Weiss will also take a new role at CBS News as editor-in-chief. Weiss describes herself… Continue watching
Oct 06 CBS buys commentary website The Free Press, installs founder Bari Weiss as CBS News editor-in-chief By David Bauder, Associated Press Some at CBS News have expressed worry that the move will be seen as friendly to President Donald Trump. Continue reading
Jul 31 Watch 9:40 FCC chairman says network oversight offers a needed 'course correction' By Geoff Bennett, Karina Cuevas We continue our look at the FCC’s decision to allow Paramount, the parent company of CBS, to merge with the Hollywood studio Skydance. The scrutinized media deal was approved in a 2-1 vote after Paramount agreed to a settlement with… Continue watching
Jul 29 Watch 8:17 Trump's 'censorship and control' campaign threatens press freedom, FCC commissioner says By Geoff Bennett, Karina Cuevas The $8 billion merger between Paramount and Skydance is fueling a fierce First Amendment fight and raising questions about the influence of the Trump administration. The FCC approved the deal by a 2-1 vote along party lines and came shortly… Continue watching