News
Barring a crazy development, Netflix will own Warner Bros.
17+ hour, 42+ min ago (650+ words) To borrow a phrase you might hear during election night reporting: the path to victory for Paramount Skydance in its bid for Warner Bros. Discovery is narrowing. In fact, this fight is basically over. Let's recap: Paramount came out Thursday…...
Paramount doesn’t improve its offer for Warner Bros., leaving its fate to a long-shot shareholder appeal
1+ day, 58+ min ago (640+ words) Paramount Skydance on Thursday reaffirmed its $30-per-share offer to buy Warner Bros. Discovery, again stating that it believes the offer to be superior to rival Netflix's. In a press release, Paramount said its last amendment to the offer " which included…...
Warner Bros. board spurns Paramount’s latest advance, continuing to support Netflix deal
2+ day, 1+ hour ago (351+ words) Paramount has now made six formal offers for Warner Bros. Discovery. It's official: the sixth time was not the charm for Paramount, as the Warner Bros. Discovery board on Wednesday unanimously, and officially, voted to reject the company's Larry Ellison-backed…...
Three reasons Netflix needs Warner Bros. Discovery and HBO
2+ week, 3+ day ago (691+ words) It's tough out there for the top paid streamer. Netflix and Paramount are continuing to battle it out over who gets to buy part or all of Warner Bros. Discovery, with the latest salvo focused on the sources of their…...
Warner Bros. plans to tell its shareholders to turn down Paramount’s hostile bid
3+ week, 2+ day ago (596+ words) Warner Bros. is reportedly planning to tell shareholders to reject Paramount's hostile takeover bid, according to Wall Street Journal reporting. The company is said to support the $83 billion bid from Netflix, despite its potentially murkier regulatory outcome. Following the report,…...
64% of American are planning on watching a Christmas movie this year — but which is America’s favorite?
3+ week, 3+ day ago (561+ words) 64% of Americans are planning on watching one this year. Whether you're into so-bad-they're-good Christmas movies, anti-Christmas Christmas movies, or even semi-horrifying Christmas movies, there seems to be something out there for even the least festive film fans once the holiday…...
As investors pick sides in Netflix vs. Paramount, analysts say a renewed Warner Bros. bidding war looks inevitable
4+ week, 1+ day ago (829+ words) Analysts at Bloomberg on Wednesday said Paramount's WBD hostile takeover offer could go as high as $35 per share. Which company will eventually win the rights to "Entourage" remains up in the air on Wednesday, as the bidding war for Warner…...
Things Netflix said it would never do, then did
1+ mon, 17+ hour ago (679+ words) Desperate times call for desperate measures. With its announcement that it plans to buy Warner Bros. Discovery's studio and streaming businesses, Netflix is doing something it repeatedly said it never would: buying an asset it long insisted it could build…...
Forget fatigue — we’re now in the age of “subscription captivity,” per the WSJ
1+ mon, 20+ hour ago (326+ words) For many of us, monthly charges for services that let us enjoy free delivery from our favorite retailers, watch thousands of movies and shows, listen to millions of songs (and then get told how old our taste makes us), stay…...
The Netflix-Warner Bros. deal now faces a wall of opposition
1+ mon, 3+ day ago (1438+ words) Netflix will owe Warner Bros. $5.8 billion in cash if the deal is terminated on antitrust grounds. An $83 billion deal that would see the world's No. 1 and No. 4 streamers combine has been announced, with Netflix edging out rivals Paramount Skydance and…...