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Tag: Warner Bros Discovery

24Feb

Paramount Skydance Tops Bid for Warner Bros Discovery, Eyes Netflix Deal Disruption

Paramount Skydance submitted a higher offer for Warner Bros Discovery, a source familiar with the matter told Reuters on Monday, ratcheting up efforts to derail the HBO Max owner's deal…
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07Feb

U.S. DOJ probes Netflix’s $82.7B Warner Bros Discovery deal over antitrust concerns

The U.S. Department of Justice is investigating whether Netflix used anti-competitive tactics as part of the streaming giant's proposed $82.7 billion acquisition of Warner Bros Discovery's studios and streaming service,…
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24Jan

Paramount Skydance extends Warner Bros Discovery bid deadline to Feb 20

Paramount Skydance on Thursday extended the deadline on its hostile tender offer for Warner Bros Discovery by about a ​month to February 20, buying more time to persuade investors that…
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21Jan

JPMorgan, Allen & Co emerge as winners in Netflix–Paramount Skydance battle for Warner Bros Discovery

New York: Some clear winners are emerging in the bidding war between Netflix and Paramount Skydance for Warner Bros Discovery: JPMorgan and Allen & Company. The two investment banks stand…
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08Jan

Warner Bros Discovery Board Rejects $108.4B Paramount Skydance Hostile Bid

Los Angeles: Warner Bros Discovery's board unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout…
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31Dec

Warner Bros Discovery set to reject Skydance–Paramount’s $108.4B hostile bid, Source says

Warner Bros Discovery will likely reject Paramount Skydance's amended $108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry Ellison backing the media giant's…
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19Dec

Harris Associates open to higher Paramount Skydance bid for Warner Bros Discovery

Harris Associates, the fifth largest shareholder in Warner Bros Discovery, said on Thursday it would be "very open" to a revised offer from Paramount Skydance if the company presents a…
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17Dec

Warner Bros Discovery Board Likely to Reject Paramount Skydance’s $108.4B Takeover Bid

Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the…
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15Dec

Netflix rules out Warner Bros Discovery asset buy, say co-CEOs

Netflix's decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters and Ted Sarandos said in a letter to employees on Monday. The streaming giant won…
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13Dec

Netflix’s $72B Warner Bros Discovery–HBO Max Deal Faces Global Regulatory Scrutiny

Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant’s $72 billion takeover of Warner Bros Discovery’s…
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