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The Latest Breaking News from David Ellison

Paramount Is Not Going Down Without A Fight, Outbids Netflix With $108 Billion Cash Offer For Warner Bros.

Paramount Skydance Corp (NASDAQ:PSKY) on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, Inc (NASDAQ:WBD) for $30 per share, valuing the company at $108.4 billion and including its Global Networks segment.

Benzinga

Next shoe in Netflix-WBD saga drops as Paramount launches hostile bid that includes Trump son-in-law Jared Kushner

Over the weekend, President Trump voiced concern over the combined market share of Netflix and Warner Bros.

Fortune

Trump says the big Netflix-Warner Bros merger ‘could be a problem’ – here’s why

‘Could be a problem’: Trump wants to personally help decide the Netflix-Warner Bros. Deal – and he’s already highlighted a big reason to block it.

TechRadar

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Netflix agrees to buy Warner Bros, including its game studios, for nearly $83 billion-with-a-B, but the fight may not be over yet

Paramount Skydance was also vying for WBD and it doesn't seem willing to take "no" for an answer.

PC Gamer

Deal Dispatch: Puma For Sale; Paramount Complains About Netflix, WBD

North American Builders Supply Files for Bankruptcy Amid Supplier Debts🚨BANKRUPTCY FILING ALERT🚨North American Builders Supply, Inc.Case: 25-18572📊Assets: $0.5M-$1M | Liabilities: $1.0M-$10M | Creditors: 1-49 | Industry: Construction SupplyChapter 11 – Filing Summary…— RK | Consultants (@_RKConsultants) December 4, 2025 src="https://platform.twitter.com/widgets.js" charset="utf-8"> For the previous edition of Deal Dispatch, click here.…

Benzinga

Netflix’s bombshell deal to buy Warner Bros. brings Batman and Harry Potter to the big red streamer and infuriates theater owners and the Ellisons

Just days before Netflix emerged as the highest bidder, Paramount tore into the “myopic process” that had become “tainted.”

Fortune

Maurice DuBois to exit CBS — leaving ‘Evening News’ with no anchors amid Bari Weiss’ overhaul

CBS News editor-in-chief Bari Weiss has been openly searching for a splashy outside hire to take over the perennially third-place evening news broadcast

The Independent UK

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Paramount fumes that Warner Bros. Discovery sale process is ‘unfair’ as Netflix jumps into the lead

While Paramount chief David Ellison thought he had a ‘Trump card’ in his bid to purchase Warner Bros. Discovery, it appears he is growing less confident that he’ll add the studio giant to his growing media empire.

The Independent UK

CBS News staffers rip ‘shallow’ Bari Weiss for moderating ‘absurd’ network town hall with Erika Kirk

‘How embarrassing,’ one network staffer told The Independent. ‘Bari’s been Editor-in-Chief for five seconds and has revealed that all she really wants is to be on TV herself.’

The Independent UK

CBS News faces investigation from top House Democrat over editing of ‘60 Minutes’ Trump interview

‘The double standard here undermines public trust and demonstrates how Paramount’s capitulation has compromised CBS News’s independence,” Jamie Raskin wrote Wednesday

The Independent UK

Netflix would be ‘killing three birds with one stone’ by buying Warner Bros. Discovery, BofA says

The global media industry is standing at the edge of a “historic transformation,” with Warner Bros. Discovery at the “epicenter,” Bank of America said.

Fortune

Will Smith's Comeback: Actor Nears Mega-Money Paramount Deal To Revive 'Battered' Career

Will Smith is reportedly close to securing a major Paramount deal as he works to rebuild his battered Hollywood career following the Oscars fallout, according to entertainment insiders quoted in recent reports.

International Business Times UK

Bernie Sanders Highlights How Handful Of Billionaires Like Mark Zuckerberg, Elon Musk, Jeff Bezos Are Controlling What Americans See

On Tuesday, Sen. Bernie Sanders (I-Vt.) sounded the alarm over the concentration of media power in the hands of a few ultra-wealthy individuals.

Benzinga

Rush Hour 4 Is Happening: Here's What Trump Has To Do With It

Paramount picks up Rush Hour 4 after Donald Trump reportedly urged its return, reuniting Jackie Chan, Chris Tucker and director Brett Ratner.

International Business Times UK

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International Business Times UK

Trump Forces Rush Hour 4 Return: Sequel Greenlit Amid Warner Bros Bid War

Donald Trump pushes Paramount to revive Rush Hour 4 with Brett Ratner directing. The sequel lands amid a major bidding war for Warner Bros Discovery.

Benzinga

Trump Gets His Movie Wish: 'Rush Hour 4' — Is That Why White House Backs Paramount's Warner Bros Bid?

President Donald Trump‘s movie wish could soon become reality. Paramount Skydance (NASDAQ:PSKY) is reportedly set to release a fourth movie in the "Rush Hour" franchise, partnering with Warner Bros. Discovery (NASDAQ:WBD) to do so.

The Independent UK

Bari Weiss mocked for suggesting ‘charismatic’ voices like Alan Dershowitz are what CBS News needs

‘As you’re watching this, consider that she likely made this exact pitch to David Ellison and he said, yes, precisely, here is $150 million and the top job at CBS News,” Drop Site News’ Ryan Grim observed.

International Business Times UK

Trump Shouts 'No TV Network Expansion!' — How a Saudi-WBD Deal Could Exploit It

Donald Trump opposes US TV network expansion amid merger talks, warning it could increase left-wing influence. A Paramount-Warner Bros. deal could reshape media power dynamics.

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The Independent UK

White House discussed axing CNN hosts that Trump hates with Larry Ellison as part of takeover talks, report says

Paramount has prepared a bid to buy Warner Bros Discovery, CNN’s parent company

Benzinga

Hollywood Braces For Epic Bidding War As Paramount, Comcast And Netflix Eye Warner Bros. Discovery— Who Will Call Cut?

Hollywood is gearing up for its most consequential bidding war in years as first-round offers for Warner Bros. Discovery (NASDAQ:WBD) arrive on Thursday, drawing in some of the biggest names in entertainment.

The Guardian - US

Larry Ellison discussed axing CNN hosts with White House in takeover bid talks

Exclusive: Senior officials indicated favorability toward Paramount Skydance acquiring Warner Bros Discovery

International Business Times

Paramount Refutes Report of Massive $71 Billion WBD Acquisition Backed by Saudis, Qatar, Abu Dhabi

Paramount Skydance denies reports of a $71 billion WBD acquisition backed by Middle Eastern funds.

BANG Premier

New Star Trek in the works

Paramount Pictures have enlisted John Francis Daley and Jonathan Goldstein to write and direct a new Star Wars film.

Benzinga

Disney Isn't Jumping On The Media Consolidation Bandwagon, Top Executive Says, 'We Like The Hand That We Have'

On Thursday, the Walt Disney Company (NYSE:DIS) made it clear that it has no plans to join the industry's intensifying merger-and-acquisition chatter.

MarketBeat

Forget Netflix—Paramount Skydance’s $3B Plan Is Turning Heads on Wall Street

New leadership's multi-billion-dollar strategy for growth and efficiency is signaling a potential turnaround for Paramount Skydance's undervalued stock.

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