Paramount to buy Warner Bros. Discovery in $110 billion deal
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Just hours after Netflix ceded the fight for Warner Bros. to Paramount, CNN’s CEO Mark Thompson tried to alleviate anxieties over the pending new owners in a staff memo: “Despite all the speculation
Paramount’s possible takeover of Warner Bros. Discovery’s studio and streaming business is sparking loud political and Hollywood pushback. Sen.
According to Warner Bros. Discovery, Paramount Global offered $31 per share — about $3 more per share than Netflix. Netflix has since dropped out of the bidding process. Paramount’s offer includes the entire company, including its cable networks, while Netflix was reportedly interested only in the movie studio division.
Netflix shares have jumped 10% after it left Larry Ellison’s Paramount clear to buy Warner Bros, regulators permitting….
WBD CEO David Zaslav addressed employees at a town hall Friday after Paramount won the bidding war over Netflix. He called the process "whiplash-y."
The group that owns films like ‘Casablanca’ or the ‘Harry Potter’ universe is one step away from becoming the property of its historic rival Paramount
Amid Paramount and Netflix acquisition talks, Warner Bros. Discovery reported its latest earnings results and new HBO Max subscriber numbers.