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The Latest Breaking News from Paramount

The Historic Netflix-Warner Merger May Not Be As Certain As You Think

A new player has entered the corporate arena.

Inverse

Paramount launches "clearly superior" $100 billion cash bid to steal Warner Bros. away from Netflix, WB to respond "within 10 business days"

Paramount is hoping to snatch Warner Bros. out from under Netflix with a competing bid

Total Film

Star Trek Just Revealed Its Next Game-Changing Villain

Paul Giamatti is changing the Star Trek game in a big way.

Inverse

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Paramount just trumped Netflix's Warner Bros deal, but I don't see how this will be good news for any of us

Just when you thought the Netflix plan to acquire Warner Bros. was all but a done deal, Paramount swoops in, and things just got very interesting.

TechRadar

'Cash Is Still King': Paramount CEO David Ellison Throws $108 Billion All-Cash Bid To WBD Shareholders

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ:PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ:WBD) on Monday.

Benzinga

Jared Kushner suddenly emerges in the Warner brawl between Paramount and Netflix, backed by Saudi billions and fresh off brokering another megadeal

Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.

Fortune

Paramount Skydance Rallies On Hostile Bid, Netflix Tumbles: What's Moving Markets Monday?

U.S. stocks kicked off the week in a mixed pattern, with sentiment turning cautious as traders consider a Fed rate cut all but fully baked into current valuations. CME FedWatch tool currently assigns a 90% likelihood to a quarter-point reduction at the Dec. 10 meeting.

Benzinga

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Even After Netflix Landed Dibs, Paramount's Bosses Are Making A New Move To Try And Buy Warner Bros.

Paramount hasn't given up on taking over Warner Bros. just yet.

Cinemablend

Trump son-in-law Jared Kushner is investor in Paramount’s hostile takeover bid of Warner Bros

Jared Kushner’s Affinity Capital, along with the sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, have ‘agreed to forgo any governance rights – including board representation – associated with their non-voting equity investments,’ according to Monday’s regulatory filing.

The Independent UK

Skydance’s hostile bid for Warner Bros. is a Hail Mary

Here we go again.

The Mary Sue

FTSE 100 dips as Unilever falls amid Magnum split

The ice cream maker rose 1.8% in Amsterdam.

Evening Standard

Paramount Skydance, Wave Life Sciences, Ocular Therapeutix, Carvana And Other Big Stocks Moving Higher On Monday

U.S. stocks were lower, with the Dow Jones falling more than 200 points on Monday.

Benzinga

Netflix Stock Tumbles: What's Going On?

Shares of Netflix, Inc. (NASDAQ:NFLX) are falling Monday after Paramount challenged the streaming service’s winning bid for parts of Warner Bros. Discovery, Inc.

Benzinga

Paramount, backed by Saudi Arabia's Public Investment Fund, launches hostile takeover bid for Warner Bros. Discovery, one day after US president Donald Trump says the Netflix deal 'could be a problem'

The Paramount bid is also supported by Trump's son-in-law Jared Kushner, so that's probably not great for Netflix's ambitions.

PC Gamer

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The Guardian - US

Netflix buying Warner Bros is bad news for cinema and those of us who love it

The proposed acquisition would see yet more of Hollywood controlled by a tech company and one that doesn’t seem to care about the theatrical experience

We Got This Covered

Donald Trump admits that $83 billion Netflix-Warner Bros. merger ‘could be a problem’ but his preferred solution is just as bad

Donald Trump claims he's concerned about the market threshold but he may have an ulterior motive.

The Independent UK

Gavin Newsom trolls Trump by receiving his own ‘peace prize’ after Fifa award

California governor claims to have won first-ever ‘Kohl’s Peace Prize’ in latest spoof of President Donald Trump, who was mocked over his accolade from Fifa President Gianni Infantino

Fortune

Netflix's 'throne is secured,' BofA said just before Paramount mounted one last streaming war, hoping to keep Superman off the super app

Warner Bros.' "crown-jewel IP portfolio" is suddenly everything that everyone in Hollywood wants—except Comcast.

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The Independent UK

MTG on 60 Minutes sends Trump into tailspin rant against ‘No Better’ CBS-Paramount as he demands apology

The president’s screed against Paramount’s ownership — which he had previously praised incessantly — came at the same time the media giant launched a hostile takeover bid of Warner Bros. Discovery that was joined by Trump’s son-in-law Jared Kushner.

Cinemablend

Connie Chung Gets Real About ‘Greedy’ Changes To CBS News (And Doesn’t Hold Back)

Connie Chung doesn't hold back on her feelings about her former employer.

International Business Times UK

Paramount CEO Claims 'Inherent Bias': £108.4B Bid Challenges Netflix's Warner Bros Deal

Paramount Skydance launches a hostile $108.4bn bid for Warner Bros Discovery, challenging Netflix's $72bn deal amid political scrutiny and antitrust fears.

The Guardian - US

Paramount launches $108.4bn hostile bid for Warner Bros Discovery

Paramount’s bid for the entire company counters $82.7bn Netflix deal for WBD’s studio and streaming operation

The Independent UK

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.

Euronews

Paramount goes hostile in bid for Warner Bros, challenging Netflix

The announcement comes just days after Netflix said it had agreed a $72 billion takeover deal for Warner Bros Discovery.

The Independent UK

Paramount sparks takeover battle for Warner Bros with £81.3 billion hostile bid

The move comes after Netflix agreed a mega deal to buy Warner Bros Discovery.

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