Paramount, Warner and Netflix
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CBS' Scott Pelley discusses the transition of "60 Minutes" after Paramount Global merged with Skydance Media.
A core argument of Paramount Skydance’s hostile takeover bid for Warner Bros. Discovery is this: WBD’s cable networks like CNN and TBS are not worth as much as the David Zaslav-led company’s deal with Netflix implies,
Paramount hostile bid challenges Netflix with cleaner exits, fewer regulatory risks, and better asset synergies for WBD.
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,
Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.
FCC approved the Paramount Global-Skydance Media merger in July 2025, shortly after Paramount settled a defamation lawsuit with Donald Trump for $16 million.
Netflix promotes itself as an innovator, but its skyhigh bid for Warner Brothers suggests that its trendsetter days have peaked.