David Ellison extends deadline for Warner Bros. Discovery takeover offer
Paramount Skydance CEO David Ellison is apparently still hopeful that investors will approve his $108.4 billion hostile takeover of Warner Bros. Discovery. Paramount Skydance announced Thursday that it's extending its all-cash offer to acquire the storied studio, and giving investors until February 20, 2026 to accept. The company's previous offer expired on January 21, but with a lawsuit in the works and a revised Netflix deal to compete with, Paramount Skydance wants to stay in the conversation.Netflix and Warner Bros. Discovery originally announced their $82.7 billion acquisition agreement in December 2025. Netflix's deal is for a significant portion, but notably not all, of Warner Bros. Discovery as it exists today. If approved, the streaming service would acquire Warner [...]
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The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else
Netflix's $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theat [...]
Paramount makes a $108 billion hostile takeover bid for Warner Bros. Discovery
Paramount has been none too pleased about Netflix striking an $82.7 billion deal to buy much of Warner Bros. Discovery (WBD). Now, Paramount is making a hostile takeover bid for WBD. It's making [...]
The new Warner Bros. and Discovery Global would like you to forget Warner Bros. Discovery
Earlier this summer Engadget covered the news that Warner Bros. Discovery would split into two giant media companies. Today the conglomerate announced the names for the restructured entities.<br /& [...]
Paramount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup
Paramount Skydance and Warner Bros. Discovery are officially merging. The studio paid Netflix the $2.8 billion termination fee it was owed for breaking its original deal to buy Warner Bros. earlier to [...]
Paramount reportedly wants to acquire Warner Bros. Discovery, antitrust law be damned
Paramount Skydance, apparently now in a state of permanent merger, plans to make a bid to acquire Warner Bros. Discovery, The Wall Street Journal reports. The company was recently formed following Sky [...]
Warner Bros. Discovery pulled the original Looney Tunes shorts off Max
The original Looney Tunes animated shorts that aired between the 1930 and 1969 are no longer available to stream on Max, Deadline reports. Warner Bros. Discovery removed them from the streaming servic [...]
Paramount won't quit, files suit against Warner Bros. Discovery over rejected bid
Paramount Skydance just does not want to take no for an answer. After having multiple bids to acquire Warner Bros. Discovery (WBD) rejected, including a recent hostile bid that the WBD board recommend [...]