Netflix, has issued a statement regarding its “fully financed definitive agreement” with Warner Bros Discovery (WBD) to acquire Warner Bros, including its film and television studios, HBO Max and HBO. The news comes after reports emerged that WBD was reportedly close to reopening discussions with Paramount Skydance following a renewed offer. WBD confirmed today [February […]
Warner Bros Discovery (WBD) is said to be considering reopening talks with Paramount Skydance according to multiple reports, after Paramount made an improved offer for the company. In December 2025, WBD agreed to sell its streaming and studios business to Netflix for $83 billion, rejecting a bid from Paramount worth $108 billion for the entire […]
Paramount Skydance has amended its $30 (€25.17) per share, all-cash tender offer to acquire Warner Bros Discovery (WBD) with enhancements that it says “surpass the standard needed for the WBD Board to engage on Paramount’s superior proposal”. Paramount added that its enhanced offer “provides definitively superior value and certainty”. To underscore confidence in the speed […]
5 has announced a new partnership with Leapmotor UK that sees the automotive brand become the official sponsor of the broadcaster’s ‘Thrilling Drama’ slate across linear and streaming. The agreement marks Leapmotor’s first UK television sponsorship and spans a range ofscripted drama titles on 5’s streaming platform, alongside new and returning series on the main […]
Lawmakers on both sides of the Atlantic have come out against the Netflix takeover of Warner Bros Discovery (WBD). What did Netflix ever do to them? Well, in the case of the US, it’s more a question of what Netflix hasn’t done for them. Because it’s never been a network, it’s never had the wherewithal […]
Paramount Skydance has extended the deadline on its hostile tender offer for Warner Bros Discovery (WBD) to February 20th, buying more time to persuade investors that its bid for the studio is superior to a deal with Netflix. Paramount’s previous tender offer expired on January 21st. Paramount confirmed that it has filed preliminary proxy materials […]
Paramount has announced the appointment of Reemah Sakaan as the new President of its UK public service broadcaster, 5. She will start the role on January 27th and will report to Kevin MacLellan, Paramount’s President, International and Global Content Distribution. Sakaan was most recently Global CEO of BritBox International, the streaming service operating in eight […]
Netflix looks set to switch to an all-cash offer to push ahead with its takeover of the studios and streaming businesses of Warner Bros Discovery (WBD), and fend off a rival bid from Paramount Skydance. The alterations to Netflix’s $83 billion (€71.3bn) offer – initially a current cash-and-stock submission – are designed to accelerate the […]
Paramount CEO David Ellison said his company has filed a suit against Warner Bros Discovery (WBD) seeking greater financial disclosure of the Netflix deal. Additionally, Ellison said his company plans to nominate its own slate of directors for WBD’s board who they believe would vote against the deal with Netflix. WBD’s board rejected Paramount’s latest […]
Warner Bros Discovery (WBD) has once again advised its shareholders to reject an “inadequate” $108.4 billion (€92.7) takeover bid by Paramount Skydance amid the ongoing duel with Netflix to take control of the media conglomerate. “The Board unanimously determined that the Paramount’s latest offer remains inferior to our merger agreement with Netflix across multiple key […]