Canal+ and Warner Bros Discovery (WBD) have signed a new multi-year and multi-territory agreement. This expanded agreement covers both the distribution of HBO Max and the renewal of several WBD thematic channels across numerous regions in Africa and Europe. It builds on the agreements concluded in France in 2024 including the renewal of the exclusive […]
David Ellison’s father, the Oracle founder Larry Ellison, has agreed to personally backstop the $40.4 billion (€34.3bn) in equity financing connected to the deal, and has agreed not to revoke the Ellison family trust or adversely transfer assets in the trust while any deal is pending. “Paramount has repeatedly demonstrated its commitment to acquiring WBD. […]
Warner Bros Discovery (WBD) Asia Pacific and Youku have announced the launch of the Warner Bros Discovery Access x Youku Script To Series initiative, aimed at developing new Chinese-language scripted stories. Open to storytellers from across the globe, Script To Series is part of WBD Access, the development programme connecting new and emerging talent to […]
In its third season as broadcaster, promoter and organiser, Warner Bros Discovery (WBD) Sports reports that it drove the 2025 WHOOP UCI Mountain Bike World Series to new records across broadcast, digital and social platforms, and on-site fan attendance. 2025 reached a turning point with significant updates to UCI Regulations, including major changes to the UCI Mountain Bike World […]
Warner Bros Discovery (WBD) has announced that its Board of Directors has unanimously rejected Paramount Skydance’s $108 billion+ takeover bid. Paramount had attempted to gatecrash Netflix’s acquisition of WBD with an offer of $30 a share, declaring that it was “superior” to the streaming giant’s $72 billion deal initially struck with WBD. “Following a careful […]
The battle for control of Warner Bros is hotting up, but Pivotal Research Group, a New York-based equity investment house, has firmly downgraded its view on Netflix from ‘Buy’ to ‘Hold’. Analyst Jeff Wlodarczak summed up its position saying it is concerned that short-form content (from the likes of TikTok, Instagram, X, YouTube and Snap) […]
The Asia Video Industry Association (AVIA) has announced the election of two newly elected Board Directors, K. Aravamudhan, Executive Vice President, Public Policy & Legal, JioStar and Vivek Couto, Co-Founder, CEO and Executive Director, Media Partners Asia. AVIA says “their extensive experience and deep understanding of the media landscape will bring valuable insights to AVIA’s […]
Paramount has made an all-cash offer to for Warner Bros Discovery (WBD) at $30 per share, gatecrashing the Netflix deal. It claims its offer is “superior” to the offer from Netflix, and its proposed transaction is for the entirety of WBD, including the Global Networks segment. Paramount said its “strategically and financially compelling offer to […]
Following reports of exclusive negotiations between Netflix and Warner Bros Discovery (WBD), a deal has swiftly been confirmed that will see the streaming giant acquire WBD’s TV and film studios and streaming division – including the likes of HBO Max, the Harry Potter Universe and DC Comics – at a total equity value of approximately […]
Everyone TV has announced more streaming channels will be added to its live and on demand streaming platform, Freely, via partnerships with Warner Bros Discovery (WBD) UK & Ireland and CNN. CNN Headlines, a channel featuring the top stories in global news, business and sport, tailored for international audiences, is available immediately on Freely on […]