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The Latest Breaking News from David Ellison

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

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

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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

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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

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.

Fortune

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.

TechRadar

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

The Guardian - UK

Netflix and Paramount Will Fight for Trump's Favor

Which is what progressive fans of antitrust want, no?

Reason

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 Independent UK

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 Guardian - US

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news in one place.

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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.

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news in one place.

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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%.

The Independent UK

Paramount chief reportedly promised Trump ‘sweeping changes’ at CNN as part of Warner Bros. takeover

David Ellison’s father has also brought up with White House officials which CNN anchors they’d like to get rid of if Paramount were to purchase Warner Bros. Discovery.

Benzinga

Skydance, Netflix Vie For Warner Bros. — A Trump-Era Antitrust Meltdown In The Making?

Paramount Skydance Corp (NASDAQ:PSKY) has made a hostile all-cash $108-billion bid for Warner Bros. Discovery Inc. (NASDAQ:WBD), giving rival bidder Netflix Inc. (NASDAQ:NFLX) a run for its money and turning the streaming wars into a TV drama-worthy showdown.

The Independent UK

CBS News staff grouse over ‘mediocre’ Tony Dokoupil getting ‘Evening News’ gig: ‘It’s an insult’

‘He’s clearly been rewarded with the Evening News throne,’ one CBS News reporter said before snarking about the dwindling viewership of the program. ‘Although, some might argue it’s more of a toilet seat now.’

International Business Times UK

David Ellison Said To Assure White House He'd Make 'Sweeping Changes' To Steer CNN 'Pro-Trump'

Reports say David Ellison assured White House officials he could reshape CNN's lineup to favour President Trump as Paramount Skydance launched a £81.3bn ($108.4bn) hostile bid for Warner Bros. Discovery, prompting press-freedom alarms and regulatory scrutiny.

Reason

Ignore the Entertainment Companies

Plus: Lost Vegas, Gen Z listlessness, Kushner mystique, Nvidia goes to China, and more...

Benzinga

Behind Paramount's Hostile $108 Billion Bid For Warner Bros Discovery Was— Unanswered Texts?

David Ellison-led Paramount Skydance (NASDAQ:PSKY) launched a hostile bid worth $108.4 billion for Warner Bros Discovery (NASDAQ:WBD) on Monday, in a last-ditch effort to outbid streaming giant Netflix Inc. (NASDAQ:NFLX) and create a content powerhouse. A regulatory filing on Monday revealed that the HBO owner’s lack of response fueled Paramount’s…

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