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Warner Bros. Discovery

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Paramount Sovereign Funds

Nation Sep 21

States settle lawsuit over Paramount-Warner merger, clearing key hurdle for $81 billion deal

By Wyatte Grantham-Philips, Michael R. Sisak, Associated Press

Economy Jul 24

A general view of Paramount Pictures Studios and its iconic water tower in Los Angeles
Paramount will delay closing Warner buyout for months while judge considers states' challenge

In a court filing, Paramount said it wouldn’t close the merger until either a court ruling is made on the merits of the states’ lawsuit or June 1, 2027.

By Wyatte Grantham-Philips, Associated Press

Economy Feb 26

Netflix logo is shown on their Hollywood offices in Los Angeles
Netflix walks away from Warner Bros deal, clearing path for Paramount takeover

On Thursday, after Warner’s board announced that Skydance-owned Paramount’s offer was superior to the agreement it had previously struck with Netflix, the streaming giant said the new price it would have to pay to acquire Warner would make the deal…

By Wyatte Grantham-Philips, Associated Press

Economy Feb 24

The Warner Bros. studio lot in California
Paramount has raised its takeover offer to $31 per share, Warner Bros. says

Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the future of the Hollywood giant.

By Wyatte Grantham-Philips, Associated Press

Economy Feb 17

Paramount office in New York City
Warner Bros reopens takeover talks with Paramount after receiving waiver from Netflix

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.

By Michelle Chapman, Wyatte Grantham-Philips, Associated Press

Jan 12

Paramount's next step in hostile takeover bid of Warner Bros. is naming its own board of directors

By Associated Press

Warner's leadership has repeatedly rebuffed overtures from Skydance-owned Paramount — and urged shareholders to back the sale of its streaming and studio business to Netflix for $72 billion.

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Dec 09

CNN and fellow cable networks are in limbo amid takeover bids of Warner Bros. Discovery

By David Bauder, Associated Press

Paramount wants to buy all of Warner Bros. Discovery, including CNN and sister cable networks like HGTV and TNT, in a bid that, if successful, could combine CNN with CBS News in some fashion.

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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,…

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Full Episode
Friday, Oct 2
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