WASHINGTON, D.C. — Paramount on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, the Hollywood giant that also owns...
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Maroc - WN.COM - Entertainment - 09/Dec 06:24
WASHINGTON, D.C. — Paramount on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, the Hollywood giant that also owns CNN, in a challenge to Netflix's own highly contested deal. The hostile offer sets up a bidding war between Paramount — whose CEO is David Ellison, the son of Larry Ellison, an ally of Donald Trump — and streaming behemoth Netflix. Netflix shocked the industry last week by announcing it had sealed an agreement to buy the Warner Bros. studio, drawing bitter reactions from voices in Hollywood worried about the future of their industry. David Ellison's father Larry, one of...
WASHINGTON, D.C. — Paramount on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, the Hollywood giant that also owns...
The offer would put CNN, HBO Max and Warner Bros under Trump ally Larry Ellison.
The offer would put CNN, HBO Max and Warner Bros under Trump ally Larry Ellison.
Netflix co-CEOs Ted Sarandos and Greg Peters are battling Paramount Skydance's David Ellison for control of Warner Bros. Lisa Lake/Getty Images for...
Netflix co-CEOs Ted Sarandos and Greg Peters are battling Paramount Skydance's David Ellison for control of Warner Bros. Lisa Lake/Getty Images for...
Chief executive David Ellison criticises Netflix’s ‘inferior proposal’
Chief executive David Ellison criticises Netflix’s ‘inferior proposal’
Would $25 billion mean an industry-shifting wind of change? Paramount Skydance has launched a hostile $108.4 billion bid for Warner Bros Discovery,...
(Dave Mason, The Center Square) Paramount Skydance has made a hostile bid to buy Warner Bros. Discovery. The bid is for $77.9 billion in equity value...
Paramount takes its $30 per share cash offer directly to Warner Bros. shareholders, challenging Netflix’s $72 billion agreement.