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
The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.
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.
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 has agreed to settle President Trump's lawsuit over a "60 Minutes" interview with Kamala Harris for $16 million, the company announced late Tuesday.
YouTube TV announced a deal to keep Paramount channels on its platform had been reached Saturday night, ending a public contract dispute.
The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer.
Paramount Global, the owner of Paramount Pictures and CBS, will merge with a media company founded by David Ellison.
Ex-Nickelodeon producer Dan Schneider was accused of inappropriate and abusive behavior in the docuseries, "Quiet on Set: The Dark Side of Kids TV."
The sale comes nearly a year after a federal judge blocked the nearly100-year-old publisher's purchase by Penguin Random House.
Striking writers and actors cut their picking short today because of the punishing heat. KCAL News reporter Jeff Nguyen looks at one of the key negotiating issues.
Media company will lay off 25% of employees in its entertainment TV unit and pull the plug on MTV News.
Media company will lay off 25% of employees in its entertainment TV unit and pull the plug on MTV News.
The news also comes after the Writer's Guild of America announced that it planned to picket outside the show.
"I realized, after the seven years, my time is up," the 38-year-old comedian told his audience.
Here's how to watch every Sunday NFL game happening on Week 3, plus options for streaming football all season long.
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas and more.
The westbound lanes were shut down at Garfield Avenue. Jasmine Viel reports.
A man was shot and killed while sitting in a car in a residential neighborhood in Paramount late Thursday night.
ViacomCBS announced Tuesday that the company will become known as Paramount
At least five robberies occurred in Bellflower, Long Beach and Paramount between 8 p.m. and midnight.
A 27-year-old man fatally stabbed in Paramount in what a television station reported was an attempt to steal his car was identified Tuesday by the coroner's office.
A Sigalert was issued at about 9:30 a.m. for the westbound 105 transition road to the 710 Freeway in Paramount for an unknown duration due to the officer-involved shooting.
Rosecrans Avenue remained shut down Thursday morning.
26-year-old Amber Alexis Destiny Zarate is out on parole and has "violent tendencies," police said.
The Sacramento region has the third-highest DUI rate in the nation. Now, state lawmakers are considering a new booze ban to prevent any more tragedies.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
A man was shot and killed outside the Westfield Culver City mall on Friday night.
Councilmembers Katy Yaroslavsky and Traci Park are pooling discretionary funds together to fix the streetlights in West Los Angeles.
26-year-old Amber Alexis Destiny Zarate is out on parole and has "violent tendencies," police said.
The Sacramento region has the third-highest DUI rate in the nation. Now, state lawmakers are considering a new booze ban to prevent any more tragedies.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
A man was shot and killed outside the Westfield Culver City mall on Friday night.
Councilmembers Katy Yaroslavsky and Traci Park are pooling discretionary funds together to fix the streetlights in West Los Angeles.
Councilmembers Katy Yaroslavsky and Traci Park are pooling discretionary funds together to fix the streetlights in West Los Angeles.
Burglary suspects crashed into a Los Angeles Metro bus in the Westlake District, leaving several people hurt on Friday.
The Cupid Crew is a volunteer program that launched more than a decade ago, and since then, more than one million cards and roses have reached older Americans, many of whom are isolated or have lost a loved one.
The CBS LA news team wants to hear from residents about the issues affecting their communities.
The department said it has faced more than $50 million in federal, state and local funding cuts.
Video shows immigration agents beating Narciso Barranco, the father of three U.S. Marines, after he was restrained on the ground.
An Orange County family was sailing near San Clemente when a sick lion named Chump hopped aboard their boat.
Wildlife activist Sandy Steers, who spearheaded the eagle nest cam, has died, according to the Friends of Big Bear Valley.
Dramatic video shows the moments when a tortoise safely scampers away from a burning shed in the backyard of a home in Fullerton over the weekend.
The Irvine Police Department said a man armed with a machete would not let his family leave their home.
San Bernardino firefighters may soon have a new weapon against California wildfires: water-dropping drones.
The San Bernardino County Sheriff's Department closed its Apple Valley Police Station after a resident brought in what appeared to be Civil War-era cannonballs.
City leaders are debating what to do with the iconic Jay Littleton Ball Park, which gained fame as a filming location in "A League of Their Own" and was destroyed in a 2024 fire, since restoration could cost $100 million.
Wildlife activist Sandy Steers, who spearheaded the eagle nest cam, has died, according to the Friends of Big Bear Valley.
A San Bernardino County Fire Department firefighter was injured while battling a fire at a vacant commercial building in San Bernardino on Monday.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
Team USA cross-country skier Jessie Diggins collapsed after crossing the finish line in the women's 10-kilometer interval start on Thursday. She was competing while injured.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The Federal Aviation Administration changed course and said flights would resume after halting all air traffic into and out of El Paso.
The Sacramento region has the third-highest DUI rate in the nation. Now, state lawmakers are considering a new booze ban to prevent any more tragedies.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
Border czar Tom Homan announced Thursday that Operation Metro Surge in Minnesota is concluding, with a drawdown of federal immigration officers set to occur over the course of next week.
With so many candidates and no clear frontrunner in California's governor's race, two Republicans now lead in the polls in this heavily Democratic state, raising the question: Could the primary election lead to a Republican-versus-Republican runoff?
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Health officials say that an unvaccinated minor visited the Walmart Supercenter in Ontario on Jan. 29.
Health officials said that the traveler arrived at LAX's Tom Bradley International Airport Terminal on a Viva Aerobus Flight on Jan. 26.
Orange County health officials have confirmed their second measles case of 2026 in an international traveler who arrived in California at Los Angeles International Airport before visiting Disneyland and California Adventure last week.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
The Fremont factory will still manufacture Model 3 and Y, but the space where Model S and X are made will instead focus on mass production of Tesla's Gen 3 Optimus robots.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Chris Paul made the announcement ahead of the NBA's All-Star weekend at the home of the Los Angeles Clippers in Inglewood.
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
Basketball's best players are heading to Los Angeles as part of the NBA All-Star Weekend starting on Friday, which features a new-look All-Star Game and classic events like the dunk and 3-point contests.
Team USA cross-country skier Jessie Diggins collapsed after crossing the finish line in the women's 10-kilometer interval start on Thursday. She was competing while injured.
City leaders are debating what to do with the iconic Jay Littleton Ball Park, which gained fame as a filming location in "A League of Their Own" and was destroyed in a 2024 fire, since restoration could cost $100 million.
The death of "Dawson's Creek" actor James Van Der Beek highlights a rising trend in colorectal cancer among young adults.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
The 31-year-old Puerto Rican artist Bad Bunny took the stage on Sunday dressed in all white, donning a jersey with his last name, Ocasio, and the number 64.
Reactions poured in when Bad Bunny was named Super Bowl halftime headliner, with some praising and others criticizing the choice.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
A cool, dry Saturday will make way for what's likely to be a rainy week in Southern California. Alex Biston reports.
Kyler and Claire Kennedy were brought together by love and basketball, but just not in that order. The Kennedys share their unique love story with Jill Painter Lopez.
A fire broke out at a Pacoima facility.
Law enforcement poured into an Arizona neighborhood to search a home near Nancy Guthrie's house. Hunter Sowards reports.
Desmond Shaw flies to the Old Santa Fe Freight Depot in downtown Los Angeles for tonight's Look At This!
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
