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The Latest Breaking News from Paramount Skydance

Mortal Kombat, Hogwarts Legacy, and more could be under threat, experts say, as part of $6 billion in cuts following Paramount Skydance merger

Just don't touch the Lego games

GamesRadar

Netflix Stock Today: NFLX Climbs on Citi Bullish Call as Streaming Leader Eyes Price Hikes & Buybacks

Netflix Inc. shares edged higher Wednesday, closing at $94.70, up 36 cents or 0.36%, as Wall Street renewed its optimism over the streaming giant's disciplined capital allocation and untapped pricing power following its exit from a high-stakes bidding war for Warner Bros. Discovery assets.

International Business Times

Paramount Skydance Acquisition of Warner Bros Won't Get Expedited Approval, DOJ Confirms

The DOJ says Paramount Skydance will not receive fast-track approval for its proposed acquisition of Warner Bros. Discovery.

International Business Times

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South Park, failed TV deals and alleged extortion: Inside the fiery battle between a media mogul and a high-stakes gambler

Exclusive details: In a phone call with The Independent, accused extortionist R.J. Cipriani flatly denied Paramount Skydance CEO Jeff Shell’s claims, and said the mogul is simply ‘trying to save his a**’

The Independent UK

Warner Bros. CEO To Receive Golden Parachute Worth Up To $800 Million

Warner Bros. Discovery CEO is expected to receive close to $800 million in compensation following Warner's sale to Paramount Skydance.

International Business Times

Alex Kurtzman Knows Fans Are Worried About Star Trek's Future During 'Massive Transition,' But Has A Reassuring Message

We should all take this to heart.

Cinemablend

Bernie Sanders' Media Monopoly Alert: Right-Wing Ellisons to Control TikTok, CBS, HBO & Dozens More

Bernie Sanders raises concerns over the Ellison family's increasing control over America's media landscape, including potential acquisitions of major networks

International Business Times UK

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Donald Trump Expands Holdings With Netflix Debt During High-Stakes Media Deal

Donald Trump expanded his portfolio with up to $1.25 million in Netflix bonds during the company's high-stakes bid for Warner Bros. Discovery.

International Business Times

Netflix and Paramount bidding for a potentially lucrative back catalogue mirrors 18th-century publishing deals

Netflix’s plan to buy the Hollywood studio Warner Bros Discovery is over. The streaming giant was eventually outbid by rival company Paramount Skydance, which is willing to pay around US$111 billion (£82.2 billion) for the company.

The Conversation

Paramount-Warner Bros mega-merger could still face ‘real threats’, antitrust experts say

The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK

The Guardian - US

Paramount acquires Warner Bros Discovery in mega deal: the winners, losers and Trump’s man in the middle

Netflix’s planned acquisition of Hollywood studio Warner Bros Discovery (WBD) has fallen apart at the eleventh hour, as Paramount Skydance has made a “superior” proposal to buy the conglomerate for A$156 billion.

The Conversation

Paramount+ and HBO Max to become one streaming service, Ellison says

Billionaire Paramount Skydance chief announces plan days after winning takeover battle for Warner Bros Discovery

The Guardian - US

3 things we will never know after Netflix pulled out of the Warner Bros. bidding, handing it to Paramount

Netflix would have owned DC superheroes if it had managed to acquire Warner Bros., but now the situation is more like a Marvel franchise: "What if?"

Fortune

Trump just got much closer to bringing CNN to heel

With David Ellison’s Paramount Skydance poised to buy Warner Bros Discovery, the president is tightening his grip on the US media

The Guardian - US

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The Mary Sue

Is This Really the End for Warner Bros.?

So...what does it all mean?

Kiplinger

Dow Dives 521 Points as Goldman, AmEx Slide: Stock Market Today

News of Block's massive layoffs exacerbated AI worries across the financial sector.

The Guardian - US

‘Not a done deal’: California vows ‘vigorous’ review of Paramount-Warner Bros takeover

Attorney general says $111bn deal will be investigated amid concerns over monopoly power and job losses

We Got This Covered

Billionaires tied to Trump outbid Netflix to take over CNN’s parent company, and their vision for the network is making anchors sweat

CNN might be up for a huge change in direction.

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news in one place.

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The Guardian - US

Departing CBS News producer claims political bias as Paramount poised to buy Warner Bros

Mary Walsh, leaving after 46 years, says staffers told to ‘aim our reporting at a particular part of the political spectrum’

BANG Premier

Warner Bros. Discovery set to be acquired in entirety by Paramount Skydance

After Netflix walked away from the bidding, Warner Bros. Discovery is set to be acquired in its entirety by Paramount Skydance.

The Independent UK

What Paramount’s Warner Bros deal means for Hollywood after major acquisition

Two of Hollywood’s oldest studios are set to be consolidating into one. Here is what to know about the merger

International Business Times UK

Netflix CEO Visits White House — Then Walks Away From Warner Bros. Deal

Netflix has officially withdrawn from the bidding war for Warner Bros. Discovery, paving the way for a merger with Paramount Skydance.

The Guardian - US

CBS News and CNN staffers fear ‘disaster’ as Paramount wins Warner Bros battle

Decision by Netflix to walk away from takeover leaves workers anxious about possible merger of news networks

Axios

Hollywood's mega-merger battle ends with Warner Bros. as the real winner

If the deal goes through, WBD CEO David Zaslav will have cemented his legacy as one of the savviest media dealmakers.

Evening Standard

Paramount set to win Warner Bros takeover tussle as Netflix withdraws

The surprise development comes after Paramount increased its bid for Warner Bros to over £82 billion

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