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The Latest Breaking News from Warner Bros Discovery

Warner Bros tells investors to reject sweetened £80bn Paramount bid

Paramount updated its offer late last month with a £30 billion ‘irrevocable personal guarantee’ from Oracle founder Larry Ellison.

Evening Standard

Warner Bros sends advice to stakeholders after latest takeover development

IN FULL

The Independent UK

Warner Bros rejects fresh takeover offer from Paramount in favour of Netflix

The WBD board branded Paramount’s hostile takeover offer as "inadequate" and risky.

Euronews

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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

How To Watch The Pitt Season 2 Online And Stream The Emmy-Winning Drama Series From Anywhere

It’s time to scrub in for another shift as the Emmy-winning drama returns. Read here for everything to know about how to watch The Pitt Season 2 online and from anywhere now.

Cinemablend

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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Television is a state of mind: why user experience will define the next era of media

I saw up close at MySpace what everyone is now learning from YouTube: users vote with their behavior, not with their loyalty.

Fortune

Netflix Is Out of Favor—and That’s Why It’s Getting Interesting

Netflix’s Q4 collapse has reset expectations. With improving technicals and bullish analyst support, the stock looks primed for a Q1 comeback.

MarketBeat

How To Watch Heated Rivalry Episode 6 Online And Stream The Gay Hockey Drama From Anywhere Now

Shane and Ilya spend a hot, solitary summer together in the season finale. Read our guide here for how to watch Heated Rivalry episode 6 online and from anywhere.

Cinemablend

This Top Nasdaq-100 Stock Has Nothing to Do With AI. How Should You Play It for 2026?

Warner Bros. Discovery stock has emerged one of the top Nasdaq-100 performers this year even though it isn’t AI driven. Here’s what will determine WBD shares trajectory in 2026.

Barchart

Larry Ellison Risks $40.4bn Fortune to Back Son's Warner Bros Takeover in Netflix Streaming War

Oracle founder Larry Ellison provides $40.4 billion personal guarantee for son David's Paramount bid to acquire Warner Bros Discovery from Netflix.

International Business Times UK

First Thing: Number of people in ICE detention hits record high

Administration has arrested 328,000 and deported 327,000 people. Plus, Bethlehem in the Israeli-occupied West Bank celebrates Christmas again

The Guardian - UK

Asian shares climb after US stocks rise at the start of a holiday-shortened week

Asian shares are mostly higher after benchmarks on Wall Street rose at the start of what’s expected to be a relatively calm holiday week

The Independent UK

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Kiplinger

Stocks Rise to the Spirit of the Season: Stock Market Today

Investors, traders and speculators are beginning to like the looks of a potential year-end rally.

The Independent UK

Movie theaters fear the potential Netflix-Warner Bros deal could be another threat to their business

Streaming giant Netflix said it will buy film and television studio Warner Bros. Discovery in a massive $82 billion deal

The Guardian - US

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 Independent UK

Larry Ellison guarantees $40.4 billion in Paramount's hostile bid for Warner Bros. Discovery

Paramount is sweetening its hostile takeover bid for Warner Bros

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Fortune

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.

The Independent UK

‘Holy f***ing dumpster fire’: Bari Weiss sparks ‘revolt’ at ‘60 Minutes’ by spiking CECOT segment

EXCLUSIVE: ‘It’s going to be fascinating to see how far Bari is willing to double down on the piece ‘not ready’ argument and or/attack Sharyn and [60 Minutes],’ one CBS News staffer told The Independent.

Axios

Paramount guarantees backing of Larry Ellison in Warner Bros. bid

The reliability of the financial backstop was among the chief concerns of the Warner Bros. board in rejecting the bid.

The Guardian - US

Larry Ellison gives personal guarantee for Paramount takeover of Warner Bros Discovery

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal

The Independent UK

Pierce Brosnan says Netflix’s ‘unsettling’ Warner Bros deal ‘doesn’t feel culturally right’

‘Thursday Murder Club’ actor said he has witnessed cinemas ‘evaporating from the landscape’ where he lives in both California and London

The Guardian - US

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

Evening Standard

Gray ‘disappointed’ Commonwealth Games will not be shown on free-to-air TV

TNT Sports has been named as the live broadcaster for the event in Glasgow next summer.

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