Paramount Skydance may raise bid for Warner Bros. Discovery
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Warner "did not provide a single markup of a single transaction document" or engage in any back-and-forth negotiation for months, its jilted suitor said.
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Paramount Takes $30-Per-Share Cash Offer for Warner Bros. Discovery Directly to Shareholders
David Ellison trashes Netflix's $82.7 billion deal and WBD's "murky" sale process and touts his "air-tight financing" in a Wednesday letter
Warner Bros. Discovery's cable networks like CNN and TBS are not worth as much as the company's deal with Netflix implies, Paramount claims.
Paramount hostile bid challenges Netflix with cleaner exits, fewer regulatory risks, and better asset synergies for WBD.
LOS ANGELES — After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8 billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.
DeDe Lea, the longtime head of global public policy and government relations for Paramount, said that she is departing the company on Jan. 5. Lea is the latest top executive to depart the company following Skydance’s acquisition of Paramount Global,
MTV's descent from youth culture powerhouse to obsolescence represents one of entertainment's most dramatic collapses. The network that revolutionized music television with its August 1, 1981 debut—launching The Buggles' "Video Killed the Radio Star"—will see five of its dedicated music channels permanently shut down by December 31,
FCC approved the Paramount Global-Skydance Media merger in July 2025, shortly after Paramount settled a defamation lawsuit with Donald Trump for $16 million.