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The Latest Breaking News from Global Networks

Paramount sues Warner Bros, launches proxy war to scupper Netflix deal

Paramount Skydance claims WBD’s Netflix transaction undervalues the company and says shareholders should decide, as it prepares a proxy contest and court action in Delaware.

Euronews

Hostile takeover launched over Netflix-Warner deal with new $108B Paramount bid after Sarandos woos Trump at White House

The Netflix chief’s pilgrimage to DC came as Paramount’s ownership believed it had the inside track to acquire Warner Bros. due to the Ellison family’s close ties to the president.

The Independent UK

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

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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

Will Warner Bros. Discovery’s Split Produce Double the Upside?

Warner Bros. Discovery's plan to split into two companies aims to unlock significant value by separating its growth-oriented studios from its networks.

MarketBeat

From CFO to CEO: Gunnar Wiedenfels to lead global networks company after Warner Bros. Discovery’s 2026 split

Wiedenfels will step into his first chief executive role.

Fortune

CNN and HBO owner Warner Bros Discovery announces breakup plan

Shares jump 9% before market open as cable operations to be separated from streaming services

The Guardian - US

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Warner Bros. Discovery to split, dividing TV and streaming services

The company said it would split its studios and streaming businesses as it looks to improve performance in an increasingly competitive market.

Euronews

Warner Bros. Discovery to split into two companies, dividing cable and streaming services

People

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