Netflix revises its offer for Warner Bros. Discovery, making it all cash
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
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The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Warner Bros. Discovery's board again urged shareholders to reject Paramount Skydance's offer, calling it inferior to Netflix's bid
Warner Bros. Discovery's board of directors on Wednesday rejected Paramount Skydance's revised hostile bid, saying that its terms are inferior to the offer from Netflix.
Warner Bros. Discovery's board told its shareholders that Paramount Skydance's offer "provides inadequate value" for the business.
Paramount Skydance made a $108.4 billion hostile takeover offer for all of Warner Bros. Discovery, an all-cash bid that comes just three days after Netflix agreed to buy a part of Warner Bros. in a deal valued at $82.7 billion.
Netflix on Friday said it is buying Warner Bros. in a deal valued at $82.7 billion, merging the biggest streaming service with a storied studio.
John Beam, a legendary football coach featured on Netflix's "Last Chance U" and the Laney College athletic director, has died, one day after being shot on the Oakland, California campus.
Before Jane Goodall passed away last week, she recorded an exclusive interview with Netflix.
Thabo Bester gained global notoriety in 2023 after his arrest in Tanzania, a year after the dramatic escape from a private prison.
"Severance," "The White Lotus," "The Studio" and "Hacks" are among the shows that earned top nominations for the 77th annual Primetime Emmy Awards as the 2025 nominees were announced Tuesday morning.
The village of Arlington Heights, Illinois is considering a proposal to start taxing internet streaming services.
Netflix is spreading out the release of the last eight episodes, with the first batch streaming around Thanksgiving, with more episodes dropping on Christmas Day and then on New Year's Eve.
New episodes will appear on Netflix the same day they premiere on PBS. However, old episodes will still be available on max through 2027.
Netflix will stream a new season of Sesame Street, the beloved children's program, and make previous episodes available.
The Netflix musical, "Emilia Pérez”, about a Mexican cartel leader who undergoes gender reassignment surgery, leads this year's golden globe nominations with 10, including one for "Best Film Musical or Comedy."
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
Joseph Maldonado-Passage, better known as Joe Exotic, is currently serving a 21 year sentence for a murder-for-hire plot and for violation of selling endangered tigers which is a violation of the Endangered Species Act.
We've watched it over and over again on TikTok like millions of people online, and yet, we can't figure out how any of it is possible. CBS 2's Jermont Terry reports.
O'Hare International Airport has reclaimed the title of the nation's busiest airport, surpassing Hartsfield-Jackson Atlanta International Airport, which has held the top spot since 2020.
The McHenry County Sheriff's Office said the driver left the roadway, traveling through a field before colliding with a tree.
Three people were arrested this week after police said they destroyed campaign posters for a candidate for Cook County commissioner in Chicago's Fuller Park neighborhood.
Hawaii enacted a rule that bars people from bringing guns onto private property that is open to the public, like shops or gas stations, unless the owner gives express authorization.
A United Airlines flight from Washington D.C. to San Francisco was diverted to O'Hare International Airport in Chicago on Monday night, due to an unruly passenger.
Three people were arrested this week after police said they destroyed campaign posters for a candidate for Cook County commissioner in Chicago's Fuller Park neighborhood.
Hawaii enacted a rule that bars people from bringing guns onto private property that is open to the public, like shops or gas stations, unless the owner gives express authorization.
Rideshare drivers from across Illinois kicked off a two-day fight Tuesday for better pay and working conditions.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
January is Radon Action Month, and the Cook County Department of Public Health is urging residents to test their homes for radon.
Severe flu season is sending many people to hospital emergency rooms across the country, including in the Chicago area.
Unionized health care workers this week took aim at Northwestern Medicine, saying the health care system needs to hire more people before expanding the emergency room at Northwestern Memorial Hospital.
The Illinois Department of Public Health announced Tuesday that its recommendations for childhood vaccines will not be affected by a change in federal guidelines.
A development proposal issued this month calls for the replacement of a building housing a Giordiano's pizzeria in Chicago's Lakeview neighborhood with a new mixed-use building with 28 residential units.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
The Piggery, a popular barbecue restaurant and bar in the northwest corner of Chicago's Lakeview neighborhood, announced Thursday that it is going out of business.
If you can't get enough of "Heated Rivalry," merch from the show is now available.
A flamenco dance series in Chicago is expanding access to the arts by bringing the expressive traditional dance form to Chicago communities.
Monday is the opening day for a new exhibit at the Griffin Museum of Science and Industry that immerses visitors into the imaginative world of award-winning fashion and costume designer Paul Tazewell.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Rideshare drivers from across Illinois kicked off a two-day fight Tuesday for better pay and working conditions.
Meteorologist Kylee Miller is tracking snow moving into the area.
Lawrence Reed, the man accused of setting a young woman on fire on a Chicago Transit Authority train this past November, appeared in court Tuesday.
President Trump heads to Davos, Switzerland later Tuesday for the World Economic Forum, where his push for Greenland is expected to dominate conversations at the summit. Natalie Brand has more details from the White House.
A passenger on a flight to Chicago from New Mexico said their pilot told them a pipe burst in the control tower, which in turn is affecting airport operations and prompted the ground delay.
A ground delay is in effect at Chicago O'Hare Airport Tuesday morning for equipment issues after a pipe burst in the main control tower overnight.
It is a very cold Tuesday in Chicago, which falls right in line with this day in 1985.
Lawrence Reed, the man accused of setting a young woman on fire on a Chicago Transit Authority train this past November, appeared in court Tuesday.
O'Hare International Airport has reclaimed the title of the nation's busiest airport, surpassing Hartsfield-Jackson Atlanta International Airport, which has held the top spot since 2020.
The McHenry County Sheriff's Office said the driver left the roadway, traveling through a field before colliding with a tree.
Chicago police issued a warning about a string of vehicle break-ins involving Honda Civics on the South Side.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
Lead-based paint was banned for serious health reasons in 1978, but most homes built before then remain covered in it.
Fire department officials in Chicago's western suburbs said drone technology has been helping keep firefighters safe and make a major impact on public safety.
With the stores becoming a common target for thieves, some of the stores in the Chicago area are taking new steps to fight back.
Connor Bedard added an empty-net goal as the Blackhawks stopped a three-game slide. It was Bedard's first goal since returning from a right shoulder injury.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
Caleb Williams was reflective the day after and focused on attacking the offseason, while appreciating the impact this team had on the city of Chicago.
Caleb Williams' last throw in regulation was a backpedaling, fourth-down rainbow that landed in Cole Kmet's hands in the corner of the end zone for a breathtaking touchdown.
Despite forcing OT with a catch in the final minute in the 4th Quarter, the Chicago Bears' playoff journey comes to an end.
Lawrence Reed, the man accused of setting a young woman on fire on a Chicago Transit Authority train this past November, appeared in court Tuesday.
The video shows burglars slicing into display cases under the eyes of several Louvre Museum staff members who do not intervene.
A judge and his wife were shot and wounded in their home over the weekend in Lafayette, Indiana.
A jewelry store in Chicago's Little India district was robbed at gunpoint Sunday evening.
A man was arrested and charged this weekend with a string of armed robberies and burglaries within a period of just over an hour earlier this month in Chicago.
