Netflix drops bid for Warner Bros. Discovery, paving way for Paramount Skydance
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
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Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
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.
The pink wave isn't slowing down, as "Barbie" has a chance of racing past Universal's "The Super Mario Bros. Movie."
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
The innocent driver suffered minor injuries, along with a person inside of the suspect vehicle.
High temperatures in the triple digits are expected in some inland communities.
While receiving state-of-the-art care in Northern California, the injured mountain lion cub found on a Castaic street has made a new friend, a fellow orphaned cub from the Central Coast.
Riverside County firefighters and a deputy resuscitated four cats that were trapped inside a burning apartment.
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
The innocent driver suffered minor injuries, along with a person inside of the suspect vehicle.
Members from various unions, including the United Teachers Los Angeles, announced plans for a massive strike in April if ongoing contract negotiations with LAUSD officials do not reach a conclusion.
High temperatures in the triple digits are expected in some inland communities.
While receiving state-of-the-art care in Northern California, the injured mountain lion cub found on a Castaic street has made a new friend, a fellow orphaned cub from the Central Coast.
While receiving state-of-the-art care in Northern California, the injured mountain lion cub found on a Castaic street has made a new friend, a fellow orphaned cub from the Central Coast.
San Fernando city staff removed a statue and covered a mural showing Cesar Chavez at a local park after sexual abuse allegations against the late labor activist surfaced earlier this week.
The Los Angeles County Sheriff's Department said no one was injured when the old car caught on fire.
Burbank SWAT officers arrested a man who allegedly threatened a utility crew with a pellet rifle on Wednesday.
Stolen identities were allegedly used to secure high-value real estate loans, fabricate financial documents, and "move millions of dollars through a maze of fraudulent businesses and funnel accounts," said Tyler Hatcher, Special Agent in Charge, IRS-CI Los Angeles Field Office.
One person was killed when a Westminster home was engulfed in flames on Tuesday night, according to the Orange County Fire Authority.
After Bill Kerwin's health saw a rapid decline while battling Stage 4 pancreatic cancer, 16 of his family's closest friends came together to make sure that he could see his daughter, Abbi, graduate from Huntington Beach High School with an early ceremony on Monday evening.
Federal officials appealed a judge's decision to dismiss a deportation case against Narciso Barranco, the father of three U.S. Marines in Orange County.
A Seal Beach woman in her 70s was hospitalized after she was hit by a young man on an electric motorcycle.
Investigators said Jose Angel Aguilar cut off his ankle monitor and escaped while attending classes at an Orange County community college.
Riverside County firefighters and a deputy resuscitated four cats that were trapped inside a burning apartment.
Detectives are investigating the "suspicious death" of a 23-year-old woman who died after a fight with a family member on Tuesday, according to a news release from the Riverside County Sheriff's Office.
Deputies said that a 38-year-old man was violently assaulted in the 14000 block of Big Horn Avenue on Tuesday afternoon and that he succumbed to his injuries after being taken to a local hospital.
Riverside police have arrested a man in connection with a deadly stabbing spree outside the Riverside courthouse last week.
After dozens of community members gathered to share their thoughts on whether or not the city of Ontario would rebuild the historic Jay Littleton Ball Park, which was destroyed by a fire in 2024, city council members opted to delay their vote for another day.
Luka Doncic scored 60 points, LeBron James had a triple-double on a night where he tied the NBA record for games played, and the Los Angeles Lakers pushed their season-best winning streak to eight games with a 134-126 win over the Miami Heat on Thursday night.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.
A California desert community tied the highest March temperature ever recorded in the U.S., amid a record-breaking winter heat wave in the Southwest.
The FCC announced Thursday that it had approved the $6.2 billion merger of major broadcast station owners Nexstar and Tegna.
Lawmakers in the California state legislature said they are moving to designate "Farmworkers Day" as a state holiday following sexual abuse allegations against Cesar Chavez.
President Trump on Wednesday temporarily eased a century-old law that limits shippers from transporting energy products around the U.S.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
Border Patrol official Gregory Bovino was pulled away from a high-profile role leading immigration raids in major U.S. cities, including Minneapolis, earlier this year.
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.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
A nonprofit that booked a Social Agent said it's a lot cheaper than hiring someone to do their social media full-time. A typical job runs about $200, with same-day delivery, and if clients already have footage, they can upload it and get a finished piece.
A California judge has tentatively stopped the state from canceling commercial licenses for more than 20,000 immigrant truck drivers.
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.
Luka Doncic scored 60 points, LeBron James had a triple-double on a night where he tied the NBA record for games played, and the Los Angeles Lakers pushed their season-best winning streak to eight games with a 134-126 win over the Miami Heat on Thursday night.
Noah Cates scored on a deflection off goalie Lukas Dostal's skate at 2:17 of overtime and — after a review for offsides on the play — the Philadelphia Flyers beat the Anaheim Ducks 3-2 on Wednesday night.
Luka Doncic had 40 points and LeBron James added 30 as the Los Angeles Lakers extended their winning streak to seven games with a 124-116 win over the Houston Rockets.
Saddiq Bey scored 25 points, Trey Murphy added 23 and the New Orleans Pelicans overcame an early 18-point hole to beat the Los Angeles Clippers 124-109.
After dozens of community members gathered to share their thoughts on whether or not the city of Ontario would rebuild the historic Jay Littleton Ball Park, which was destroyed by a fire in 2024, city council members opted to delay their vote for another day.
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
Prediction markets have quickly gained popularity in the online gambling space. What are their legal challenges? Kerry Fields, Professor of Business Law and Ethics at USC Marshall School of Business, joins CBS LA to talk about ongoing litigation and the future of prediction markets.
Choreographer Molly Long joins CBS LA to talk about the "Double-Dutch Bus" dance going viral online.
Southern California's heat wave enters its fifth day on Friday, and don't expect temperatures to come down too much in the near future. Marina Jurica reports.
A person wanted on suspicion of reckless driving was involved in a crash in the San Fernando Valley early Friday morning, leaving two injured. Amanda Starrantino reports.
An Anaheim firefighter teased a so-called "firefighter style" burger at In-N-Out, except it's not on the restaurant's secret menu.
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.
