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The Latest Breaking News from Paramount Skydance

Warner Bros. Discovery Chooses Netflix Talks Over Paramount–Skydance Bid

Warner Bros Discovery’s board has unanimously rejected a renewed takeover attempt from Paramount Skydance, arguing that the revised $108.4 billion hostile bid

The Fashion Central

Warner Bros Discovery tells investors to reject ‘inadequate’ $108bn Paramount bid

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry Ellison

The Guardian - UK

David Zaslav Spurns $108 Billion Paramount Bid: Teases Figure That Could Tempt Warner Bros Boss

David Zaslav rejects a massive £81 billion Paramount bid, favouring a Netflix partnership while teasing a higher share price that could finally end Hollywood's biggest bidding war.

International Business Times UK

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The Netflix-Paramount saga caps a 2025 turning point, S&P says: Cable TV is in the 'decline stage,' with a long, slow bleedout ahead

"These decisions signify a shift in the media industry as companies abandon cable networks in favor of streaming services."

Fortune

Should You Sell Netflix Stock Before It Wins the Warner Bros Takeover?

Netflix stock faces near-term pressure from its blockbuster bid for Warner Bros. assets, even as Wall Street remains largely bullish on the company’s long-term growth prospects.

Barchart

Outrage after CBS pulls 60 Minutes segment on El Salvador’s Cecot prison

Controversially appointed editor-in-chief Bari Weiss says: ‘I held that story and I held it because it wasn’t ready’

The Guardian - US

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

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Hear Me Out: I Think Hallmark Should Make A Holiday Movie For Star Trek Fans

I'm not joking, this needs to happen.

Cinemablend

"60 Minutes" yanks segment, prompting concerns around editorial independence

President Trump recently complained the show was treating him even worse since Skydance bought CBS's parent company.

Axios

The tug-of-war over CNN shows how dysfunctional US media has become

The network’s fate has become a battle of corporate ownership, not a question of what benefits Americans

The Guardian - US

Asian shares follow Wall Street lower as AI worries drag tech stocks lower

Asian shares have fallen after declines for AI stocks dragged the U.S. market to its worst day in nearly a month

The Independent UK

Stocks Retreat as AI Infrastructure Companies and Chip Makers Fall

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.12%. December E-mini S&P futures (ESZ25 ) are down -0.66%, and December...

Barchart

Stocks Mixed with Energy Producers Higher and Homebuilders Lower

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.33%. December E-mini S&P futures (ESZ25 ) are down -0.06%, and December...

Barchart

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

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Euronews

Warner Bros will urge shareholders to reject hostile bid as Trump attacks Paramount

Warner Bros Discovery is expected to urge shareholders to vote against Paramount's hostile takeover bid. This comes after Jared Kushner, Trump's son-in-law, also withdrew his private equity firm from the financing of the offer.

The Independent UK

Warner Bros asks investors to reject takeover bid from Paramount Skydance

Warner Bros

The Guardian - US

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 Independent UK

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.

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MarketBeat

Paramount Threw a Wrench in Netflix's Bid to Acquire Warner Bros.

Netflix and Paramount Skydance are continuing to wage war against each other as they vie for Warner Bros Discovery. See the latest developments here.

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?

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.

Fortune

Netflix’s takeover of Warner Brothers is a nightmare for consumers

Netflix promotes itself as an innovator, but its skyhigh bid for Warner Brothers suggests that its trendsetter days have peaked.

International Business Times

Trump Calls Current CNN Leadership 'Dishonest,' Wants New Owner in WBD Sale

Trump urges CNN's sale to new owners, calling current leadership "dishonest" amid Warner Bros. Discovery deal.

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.

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