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The Latest Breaking News from Paramount

When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in airshows before leaving it to become a Hollywood executive

Ellison, 42, revived “Top Gun”—and now he’s taking the fight to Netflix.

Fortune

David Ellison Net Worth Explained: How the Paramount Chief Is Funding a Historic Hostile Takeover

David Ellison's net worth and financial backing come into focus as Paramount launches a historic hostile takeover bid for Warner Bros Discovery.

International Business Times UK

David Ellison's $30 Offer to Buy Warner Bros. Discovery Could Change the Shows You Watch

David Ellison offers $30 per share to buy Warner Bros., beating Netflix's $27.75 bid. Shareholders will choose between two contrasting visions for the company's future by 8 January.

International Business Times UK

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Paramount Uses Trump's Son-In-Law Kushner, Sovereign Fund To Counter Netflix's WBD Bid—Experts Warn Of Risky 'Monolith' Despite Streaming Dominance

Paramount Skydance Corp. (NASDAQ:PSKY) has launched a hostile $108 billion bid for Warner Bros Discovery Inc. (NASDAQ:WBD), backed by financing from Jared Kushner's Affinity Partners and Middle Eastern sovereign wealth funds.

Benzinga

Media Giants Clash: Paramount Launches $108.4 Billion Hostile Bid For Warner Bros. Discovery

Paramount's $108.4bn hostile, all-cash bid for Warner Bros. Discovery ignites a head-to-head showdown with Netflix's signed, narrower deal.

International Business Times UK

Takeover bid of parent company means limbo for CNN, some fellow cable networks

It's a tough time for CNN, which looks like it will be in management limbo for some time with Paramount Skydance's hostile takeover bid of its parent company, Warner Bros

The Independent UK

Asian shares slip after Wall Street pulls back from its record heights

Asian shares are mostly lower after U.S. stocks pulled away from their record heights

The Independent UK

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Following The Neighborhood’s Final Christmas Episode, Cedric The Entertainer Is Hyping A Major Milestone Along With Anthony Anderson (And Cake)

There are worse ways to celebrate!

Cinemablend

Elizabeth Warren Sounds 'Five-Alarm Antitrust Fire' On Paramount-Warner Bros Merger: Warns Trump Allies And Foreign Investors Are Backing The Deal

Sen. Elizabeth Warren (D-Mass.) is sounding the alarm over a potential merger between Paramount Skydance Corp. (NASDAQ:PSKY) and Warner Bros Discovery Inc. (NASDAQ:WBD), while urging regulators to ignore political pressure as they evaluate the deal.

Benzinga

What is the release date for South Park season 28 episode 5 on Paramount+?

Is Trump going to be on the naughty or nice list in South Park season 28 episode 5? And when will it stream on Paramount+?

TechRadar

Paramount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit and escalating bids before going hostile

Warner “did not provide a single markup of a single transaction document” or engage in any back-and-forth negotiation for months, its jilted suitor said.

Fortune

Trump May Require '60 Minutes' Apology Before Blessing Paramount's Warner Bid

A race to acquire Warner Bros. Discovery (NASDAQ:WBD) by Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) intensified with an all-cash offer from the latter for the media company on Monday.

Benzinga

Netflix CEO brushes aside Paramount’s ‘entirely expected’ hostile bid, ‘superconfident’ of closing deal with Warner Bros. Discovery

The Netflix co-CEO also said he’s talked with the president “many times” since the election, and that he’ll be good to movie theaters once he’s running a studio.

Fortune

Anderson Cooper puts end to CBS vs. CNN job speculation as he inks new deal

Anderson Cooper was one of the high-profile names that Bari Weiss was looking to poach to lead a rebooted version of ‘CBS Evening News.’

The Independent UK

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Cinemablend

Netflix Head Honcho Ted Sarandos Does Not Seem To Be Sweating That Paramount Counter Deal

Netflix is chill.

The Guardian - US

Why has Paramount Skydance launched a hostile bid for Warner Bros Discovery – and what happens now?

The future of some of the world’s most prominent media and entertainment businesses hangs in the balance

Reason

Donald Trump Says He'll 'Be Involved' in Choosing Who Gets To Merge With Warner Bros.

Paramount Skydance is banking on the Ellison family's relationship with Trump following Netflix outbidding the company to acquire Warner Bros.

Inverse

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

A new player has entered the corporate arena.

Get all your
news in one place.

100's of premium titles.
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Total Film

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

Inverse

Star Trek Just Revealed Its Next Game-Changing Villain

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

TechRadar

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.

Benzinga

'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.

Fortune

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.

Benzinga

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.

Cinemablend

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.

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