Netflix, Warner Bros. Discovery’s preferred acquirer, now has four days to counter Paramount’s revised offer.
Category: Ellison, David (1983- )
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Paramount Revises Its Bid for Warner Bros. Discovery
The New York Times – Business: -
Trump Calls on Netflix to Oust Susan Rice From Its Board
The New York Times – Business:The president made the attack as Netflix and Paramount Skydance face a key deadline in a bidding war for Warner Bros. Discovery.
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Paramount’s New Chance to Win Over Warner Bros. Discovery
The New York Times – Business:The takeover battle took a new turn on Tuesday as Warner Bros. Discovery reopened talks with its rebuffed suitor. But big questions still remain.
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Warner Bros. Discovery Restarts Deal Talks with Paramount
The New York Times – Business:Paramount’s takeover bid was rejected in favor of Netflix, which wanted only the streaming and studio businesses. Paramount said it would pay more if negotiations were reopened.
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Warner Bros. Is Said to Consider Reopening Talks With Paramount
The New York Times – Business:Warner Bros. Discovery had agreed to sell itself to Netflix, but its contract allows it to pursue offers that may lead to a superior deal.
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Netflix Revamps Its Warner Bros. Bid, Seeking to Thwart Paramount
Netflix will pay all cash for the $83 billion deal to acquire major parts of Warner Bros. Discovery, instead of a mix of cash and stock.
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‘We Need to Be the News’: Inside Bari Weiss’s Bumpy Revamp at CBS
Her reimagining of “CBS Evening News” is under heavy scrutiny, and even became a punchline on her own network on Sunday at the Golden Globes.
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Turmoil at CBS News After Bari Weiss Pulls a ‘60 Minutes’ Segment
Several veteran correspondents questioned how Ms. Weiss, the new CBS News editor in chief, had handled the segment, after she defended her decision on a call with the newsroom.
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Larry Ellison Personally Guarantees Paramount Bid for Warner Brothers
Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer.
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A New Stage in the Fight for Warner Bros. Discovery
The media company formally rejected a hostile takeover bid by Paramount and questioned the purported political advantages held by its unwanted suitor.
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Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.
Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.