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 17 Warner Bros asks investors to reject takeover bid by Paramount Skydance By Wyatte Grantham-Philips, Associated Press Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros. Continue reading
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. Continue reading
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
Dec 05 Watch 6:39 What Netflix's deal to buy Warner Bros. means for one of Hollywood's oldest studios By Geoff Bennett, Azhar Merchant, Jenna Bloom Netflix has struck a nearly $83 billion deal to acquire Warner Bros. and HBO Max, beating out Paramount and Comcast after a bidding war. If finalized, it would unite the world’s largest streamer with one of Hollywood’s oldest studios. The… Continue watching
Dec 05 Netflix to acquire Warner Bros. studio and streaming business for $72 billion By Associated Press The acquisition, announced Friday, would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape. Continue reading
Oct 21 Warner Bros. Discovery confirms it has received buyout interest and is considering its options By Wyatte Grantham-Philips, Associated Press The home of HBO, CNN and DC Studios has signaled that it may be open to selling all or parts of its business, just months after announcing plans to split into two companies. Continue reading