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.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Actress Diane Kruger joined CBS News Chicago Monday morning to discuss her new Paramount+ series "Little Disasters," which premieres on Dec. 11.
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.
Paramount announced Monday it has purchased "The Free Press" and named Bari Weiss editor-in-chief of CBS News.
UFC CEO Dana White confirmed plans for a July 4, 2026 fight at the White House to mark America's 250th birthday.
Starting in 2026, UFC will be available on Paramount+
Paramount will become the new home to all UFC events in the U.S., while UFC's CEO says the White House may host a July 4 event broadcast on CBS.
Paramount Global and Skydance Media agreed to merge last year.
CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.
Paramount has agreed to settle President Trump's lawsuit over a "60 Minutes" interview with Kamala Harris for $16 million, the company announced late Tuesday.
Tom cruise landed in New York's Lincoln Center on Sunday at the center of a blockbuster premiere for a movie as big as it gets.
Paramount Global, the owner of Paramount Pictures and CBS, will merge with a media company founded by David Ellison.
Paramount Global, the owner of CBS News, has made a multibillion-dollar deal to merge with the film production company Skydance Media. To make that possible, Skydance is buying another company, National Amusements, controlled by Shari Redstone, which owns the largest share of Paramount Global.
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.
Paramount Pictures just picked director David Katzenberg to helm the film.
Law enforcement officials are in contact with Bell and have deemed him "safe," police said.
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas and more.
$10 million settlement in case of Anthony Stringfellow, Jr. who took his own life while at Madden Mental Health Center
Residents at Tuesday's city council meeting said they aren't mad at the idea of the center, but are concerned about potential utility increases and health risks.
Plumbers say that in the midst of this cold snap, pro services see 10% more calls than average.
Matas Buzelis added 21 points, Ayo Dosunmu scored 18, and Kevin Huerter added 14. All three players made four 3s.
Shuttle buses were requested from 95th to Garfield to connect the impacted areas.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
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.
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.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
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.
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.
She recently appeared as herself in the Netflix movie "A House of Dynamite" and modeled in Victoria’s Secret fashion show.
The Journal of Hazardous Materials found that bottled water exclusive drinkers ended up ingesting up to 90,000 microplastic particles each year.
Periods of snow can be expected overnight through Wednesday morning, following the afternoon with more blowing and gusty snow showers.
The first-place winner got a Wiener's Circle gift card, merchandise, bragging rights, and a sweet trophy.
Anthony Stringfellow, 19, was supposed to be under staff checks every 15 minutes, but a state police investigation found that didn't happen. Now the state is paying $10 million to settle the family's lawsuit, which alleges negligence, without claiming responsibility for Anthony's death.
$10 million settlement in case of Anthony Stringfellow, Jr. who took his own life while at Madden Mental Health Center
Aaron and Andre Richmond are both charged with sexually assaulting teenage girls they taught at Thornton Fractional High School District 215.
Residents at Tuesday's city council meeting said they aren't mad at the idea of the center, but are concerned about potential utility increases and health risks.
Plumbers say that in the midst of this cold snap, pro services see 10% more calls than average.
The first-place winner gets a Wiener's Circle gift card, merchandise, and bragging rights.
$10 million settlement in case of Anthony Stringfellow, Jr. who took his own life while at Madden Mental Health Center
Aaron and Andre Richmond are both charged with sexually assaulting teenage girls they taught at Thornton Fractional High School District 215.
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.
Matas Buzelis added 21 points, Ayo Dosunmu scored 18, and Kevin Huerter added 14. All three players made four 3s.
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.
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.
