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The Latest Breaking News from David Ellison

Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

Fortune

‘Holy f***ing dumpster fire’: Bari Weiss sparks ‘revolt’ at ‘60 Minutes’ by spiking CECOT segment

EXCLUSIVE: ‘It’s going to be fascinating to see how far Bari is willing to double down on the piece ‘not ready’ argument and or/attack Sharyn and [60 Minutes],’ one CBS News staffer told The Independent.

The Independent UK

Paramount guarantees backing of Larry Ellison in Warner Bros. bid

The reliability of the financial backstop was among the chief concerns of the Warner Bros. board in rejecting the bid.

Axios

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Bari Weiss spiked our story’: CBS News in chaos after new boss grovels before Trump, allows White House to dictate news

"We go from an investigative powerhouse to a stenographer for the state."

We Got This Covered

Has feminism failed women? CBS wants to know

Bari Weiss is touting a new debate series at the network as the billionaire Ellisons’ media power grows

The Guardian - US

‘CBS Evening News’ anchor chokes back tears during emotional farewell amid Bari Weiss revamp

‘Thank you for watching. Good night and good luck,’ the two CBS News anchors said together at the end of the broadcast.

The Independent UK

Warner Bros. rejects Paramount deal, but the Netflix merger drama is only just beginning

Warner Bros. tells shareholders to reject Paramount deal, but Netflix hasn't won the merger fight yet.

TechRadar

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Warner Bros. shareholders were ‘consistently misled’ by Paramount, board says in rejection letter: There’s no Ellison family backstop, and never was

Jilted Paramount CEO David Ellison painted a picture of no engagement from WBD. That’s simply not true, according to the Warner Bros. board.

Fortune

Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid

Decision will pave the way for Netflix to proceed with buyout of film and TV group

The Guardian - UK

Trump turns on CBS, Kushner pulls out and Paramount's hostile bid for Warner Bros. shows signs of collapse

“If they are friends, I’d hate to see my enemies!” Trump, reportedly close friends with Larry Ellison, father of Paramount owner David, is changing tune.

Fortune

Jared Kushner’s firm exits takeover battle for Warner Bros Discovery

Affinity Partners, key backer of hostile bid by Paramount, reportedly steps back following scrutiny of Kushner’s role

The Guardian - US

Trump’s ‘60 Minutes’ obsession causes him to once again lash out at MAGA-friendly owners of CBS

‘If they are friends, I’d hate to see my enemies,’ Trump fumed on Tuesday.

The Independent UK

Bari Weiss’ much-hyped CBS News town hall with Erika Kirk was a massive ratings flop

According to Nielsen, the Saturday night town hall saw a 41 percent decline in in the key 25-54 advertising demographic compared to the network’s standard programming in that time slot year to date.

The Independent UK

It’s the media’s job to hold power to account. This year, too many got into bed with it instead

The lines between advertising, public relations and journalism have become dangerously blurred

The Guardian - US

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news in one place.

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Fortune

It's a sequel, it's a remake, it's a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner

Will Paramount or Netflix win the fight for Warner? Hollywood's takeover drama is in some ways a flashback to the 1980s, in other ways quintessentially 2025.

TechRadar

ICYMI: the week's 7 biggest tech stories from testing Android XR glasses to a revolutionary smart ring

The top tech news stories from Disney, Paramount, DC, Android, and more for December 12, 2025.

The Guardian - UK

Deal or no deal? The inside story of the battle for Warner Bros

As Paramount, with close ties to the Trump administration, entered the bidding, experts predict any merger will ‘raise red flags’ among regulators

Reason

Netflix and Paramount Will Fight for Trump's Favor

Which is what progressive fans of antitrust want, no?

Get all your
news in one place.

100's of premium titles.
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The Independent UK

Paramount chief does damage control over ‘60 Minutes’ MTG interview that incurred Trump’s wrath

While the Ellisons have looked to temper the president’s rage over the Marjorie Taylor Greene sitdown, they’ve also assured Donald Trump that they’d make sweeping changes at CNN if Paramount buys Warner Bros. Discovery.

The Guardian - US

Jared Kushner – and three Arab monarchies – are at the heart of the Paramount-WBD bid

The president’s son-in-law is once again at the center of an international business deal that will require administration approval

The Independent UK

Stephen Miller claims he’s banned by CNN as Trump urges new ownership for network

Miller was asked about the situation by Sean Hannity, who said of his past appearances on CNN: “That was some of the best material we’d ever had on the program, in the history of the program, is you schooling these hosts’

International Business Times UK

Paramount X Targeted: Inside Netflix's Warner Brothers Discovery Acquisition Deal

Paramount Pictures' official X (formerly Twitter) account was compromised briefly Tuesday, with its bio reading, 'Proud arm of the fascist regime'. The incident spread like wildfire on social media and sparked rumours circling the hostile bidding war with Netflix to acquire Warner Brothers.

The Independent UK

Controversial message posted by Paramount social media account amid Warner Bros bid

IN FULL

International Business Times UK

Reports: SpaceX Expected to Launch Bid for £1.1 Trillion Valuation in 2026

Multiple media outlets have reported that SpaceX will proceed with an initial public offering that would raise more than $30 billion in 2026.

Barchart

Paramount Is Launching a Hostile Bid for Warner Bros. Is PSKY Stock a Buy, Sell, or Hold Here?

Paramount Skydance just launched a hostile bid for Warner Bros. yesterday, driving PSKY stock higher by 9%.

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