Netflix drops bid for Warner Bros. Discovery, paving way for Paramount Skydance
Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Watch CBS News
Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Warner Bros. Discovery said it will engage with Paramount Skydance to assess if its latest offer is superior to Netflix's $83 billion bid.
There are new developments in the major media merger battle over Warner Bros Discovery. In December, Warner Bros agreed to a $83 billion deal with Netflix - rejecting a $108 billion bid from Paramount Skydance. But on Tuesday, Netflix agreed to give Warner Bros. one week to reopen negotiations with Paramount.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Warner Bros. Discovery said that Paramount Skydance is considering enhancing its buyout offer for the entertainment company.
The 2026 Grammy Awards will take place on Sunday, Feb. 1, on CBS and Paramount+. People's Jack Irvin joined CBS News with more on what to expect.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Subscriptions for streaming services saw a nearly 20% jump in prices between November and December, new data from the Labor Department shows. That includes streaming services like Netflix, Disney Plus and Paramount Plus. Alex Weprin, a senior editor for the Holywood Reporter who's written about the rising prices, joins CBS News to discuss. Paramount Skydance is the parent company of CBS News.
Warner Bros. Discovery's board again urged shareholders to reject Paramount Skydance's offer, calling it inferior to Netflix's bid
Tony Dokoupil gets a behind-the-scenes look at "Mission: Impossible" and tries out film stunts. A bachelor party in Minnesota makes a dramatic rescue when they see a dog stuck in mud. Plus, more heartwarming stories.
The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
Paramount Skydance has announced a hostile takeover bid for Warner Bros. Discovery after Netflix reached a deal last week to buy part of the company. The Paramount Skydance offer to purchase the entire company was presented directly to Warner Bros. shareholders. CBS News MoneyWatch correspondent Kelly O'Grady explains.
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 Skydance made a $108.4 billion hostile takeover offer for all of Warner Bros. Discovery, with its all-cash bid coming just three days after Netflix agreed to buy a part of Warner Bros. in a deal valued at $82.7 billion. Jo Ling Kent has details.
Paramount Skydance, the parent company of CBS News, has launched a $108 billion hostile bid for Warner Bros. Discovery just days after WBD said it had agreed to a nearly $83 billion deal with Netflix. Fortune business editor Nick Lichtenberg joins with analysis.
Paramount Skydance, the parent company of CBS News, has launched a hostile takeover offer to acquire all of Warner Bros. Discovery, days after it was announced Netflix agreed to buy a part of Warner Bros. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
Netflix says it is buying studio giant Warner Bros. in a deal valued at more than $82 billion. Fortune business editor Nick Lichtenberg joins CBS News to break down the hurdles facing the merger.
Lee Pace is starring in the new thriller, "The Running Man," which is based on a Stephen King novel. It takes place in a society in the near future where contestants participate in a reality game show and are hunted by professional assassins. Pace speaks to "CBS Mornings" about playing Evan McCone, the masked chief hunter in the group of assassins, and what inspires his love for acting.
Actor Mckenna Grace, known for her work in "Young Sheldon" and other films, joins "CBS Mornings" to talk about her latest role in the new Paramount Pictures film "Regretting You."
Actor David Zayas, known for playing detective Angel Batista in the series "Dexter," talks about reprising his role in the sequel series, "Dexter: Resurrection," and how his character has changed.
Matt and Ross Duffer, collectively known as the Duffer Brothers, have signed an exclusive deal to make films and television shows for Paramount, a Skydance corporation, the parent company of CBS News. Clayton Davis, chief awards editor at Variety, joined CBS News to talk about the world of streaming.
"CBS News" parent company Paramount has secured U.S. TV rights to UFC in a $7.7 billion deal. MoneyWatch correspondent Kelly O'Grady reports on what the move means for the league and its fans.
UFC CEO Dana White confirmed plans for a July 4, 2026 fight at the White House to mark America's 250th birthday.
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.
The former secretary of state said in her opening statement before the House Oversight Committee that she had no knowledge of Jeffrey Epstein's crimes.
The Defense Department on Wednesday shot down a U.S. Customs and Border Protection drone in southwest Texas, federal officials confirmed to CBS News.
At least one U.S. citizen was also among the six who were wounded and arrested by Cuban authorities, a U.S. official said.
At least 10 FBI employees were fired Wednesday, after FBI Director Kash Patel alleged former special counsel Jack Smith had subpoenaed his phone records.
Streaming giant declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery
The Pentagon's top technology official told CBS News the military has offered compromises to Anthropic in order to reach a deal with the AI giant, amid a feud over whether its technology will be restricted.
The Federal Reserve has been mounting a closed-door effort to block the Justice Department's subpoenas for chairman Jerome Powell, CBS News has learned.
Trump says he won't let Iran to build a nuclear weapon, and Iran says it doesn't intend to, but as talks resume, experts see war as more likely than a deal.
A photo released last month as part of the Epstein files that showed Commerce Secretary Howard Lutnick with convicted sex offender Jeffrey Epstein on Epstein's island was removed from the DOJ's website before being restored Thursday night.
The Defense Department on Wednesday shot down a U.S. Customs and Border Protection drone in southwest Texas, federal officials confirmed to CBS News.
A photo released last month as part of the Epstein files that showed Commerce Secretary Howard Lutnick with convicted sex offender Jeffrey Epstein on Epstein's island was removed from the DOJ's website before being restored Thursday night.
Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The 20-year-old plaintiff alleges that using YouTube and Instagram from a young age intensified her depression and led to suicidal thoughts.
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The 20-year-old plaintiff alleges that using YouTube and Instagram from a young age intensified her depression and led to suicidal thoughts.
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
The Pentagon's top technology official told CBS News the military has offered compromises to Anthropic, amid a feud over whether its powerful AI technology will be restricted — but Anthropic called the offer inadequate.
On Tuesday, the FDA upgraded the recall to Class I, a situation in which a product can cause "serious adverse health consequences or death."
The Defense Department on Wednesday shot down a U.S. Customs and Border Protection drone in southwest Texas, federal officials confirmed to CBS News.
The Federal Reserve has been mounting a closed-door effort to block the Justice Department's subpoenas for chairman Jerome Powell, CBS News has learned.
A photo released last month as part of the Epstein files that showed Commerce Secretary Howard Lutnick with convicted sex offender Jeffrey Epstein on Epstein's island was removed from the DOJ's website before being restored Thursday night.
At least 10 FBI employees were fired Wednesday, after FBI Director Kash Patel alleged former special counsel Jack Smith had subpoenaed his phone records.
The Pentagon's top technology official told CBS News the military has offered compromises to Anthropic, amid a feud over whether its powerful AI technology will be restricted — but Anthropic called the offer inadequate.
Chaz and Jean Franklin were facing a sevenfold increase in their health premium payments with the expiration of enhanced federal subsidies for Affordable Care Act plans. Then Jean received a crushing diagnosis.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
Pakistan bombed major cities in Afghanistan on Friday, including the capital Kabul. Islamabad has accused Afghanistan of failing to act against militant groups that carry out attacks in Pakistan.
At least one U.S. citizen was also among the six who were wounded and arrested by Cuban authorities, a U.S. official said.
A Hong Kong appellate court on Thursday quashed onetime media magnate Jimmy Lai's fraud convictions linked to lease violations, in a rare victory in the prominent activist's legal battles.
The founder of a Kenyan recruitment agency stands accused of deceiving and then trafficking young Kenyans to fight in Russia's war on Ukraine.
As U.S. and Ukrainian officials meet to talk peace, Russia launches drones and missiles and makes it clear there's no rush in Moscow for a ceasefire.
Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
A second season of "Heated Rivalry" is underway and filming will begin this summer, says show creator and director Jacob Tierney.
Toccara Jones, who competed in the "America's Next Top Model" reality show, joins CBS News 24/7 Mornings with her take on the new Netflix documentary exploring the competition show created by Tyra Banks.
Jacob Tierney, the creator, writer, director and executive producer of "Heated Rivalry," and Brendan Brady, who is also an executive producer on the show, speak to "CBS Mornings" about the success, why it resonates with a diverse group of people and what to expect from its second season.
In the premiere of "Survivor 50," contestant Jenna Lewis-Dougherty was voted out at the first trial council. But in a surprise, castaway Kyle Fraser was also eliminated after hurting his achilles tendon during the immunity challenge. Lewis-Dougherty and Fraser speak to "CBS Mornings" about their experience on the show and how they've been changed by the game.
With less than 24 hours left, Anthropic and the Pentagon are locked in a standoff over access to the company's powerful artificial intelligence. Jo Ling Kent reports.
Jurors heard from the 20-year-old woman at the center of a landmark social media addiction trial on Thursday. Dara Kerr, tech reporter for The Guardian, joins "The Daily Report" to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The Pentagon has sent AI startup Anthropic a letter with the government's best and final offer to use their technology, CBS News exclusively reported on Thursday. CBS News senior White House reporter Jennifer Jacobs has more.
Instagram announced a new safety tool for parents during the landmark trial on social media addiction. CBS News' Shanelle Kaul reports and Emma Lembke, founder of the LOG OFF movement, joins CBS News to discuss.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Authorities are preparing to return Nancy Guthrie's home to her family after sealing it off as a crime scene, a law enforcement search says. The search for the 84-year-old is entering its fourth week. CBS News correspondent Jonathan Vigliotti has more.
The investigation into the disappearance of Nancy Guthrie is still running at full speed, a law enforcement source familiar with the investigation told CBS News.
Cody Roberts agreed to a plea deal that would spare him from going to trial and possibly prison on charges of animal abuse.
Former Secretary of State Hillary Clinton shared her opening remarks for her closed-door deposition before members of the House Oversight Committee on her knowledge of Jeffrey Epstein's dealings. CBS News' Nikole Killion reports.
Ryan Schwank, who testified against ICE training practices under the Trump administration, joins CBS News with his lawyer, David Kligerman, to discuss what he alleges is a "deficient, defective, and broken" training program.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Fixing the Space Launch System rocket's helium pressurization problem has pushed the Artemis II launch to at least April 1.
NASA astronaut Mike Fincke said he was the crew member whose medical issue required a group of space station fliers to return to Earth earlier than planned last month.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A 7-year-old boy was heartbroken after he lost his entire binder of Pokémon cards at the Denver airport. After his dad posted about it online, a United Airlines worker spotted it and spread the word. Tony Dokoupil has the story.
With less than 24 hours left, Anthropic and the Pentagon are locked in a standoff over access to the company's powerful artificial intelligence. Jo Ling Kent reports.
Despite progress toward a potential nuclear deal between the U.S. and Iran, both countries and the region are also preparing for failure -- and potential war. Charlie D'Agata has details.
Nearly four weeks into the investigation of Nancy Guthrie's disappearance, the main crime scene is being turned back over to the family. Jonathan Vigliotti reports.
The prosecution wrapped its case against Colin Gray, the father of a teen accused in a 2024 school shooting in Georgia. Skyler Henry has the latest.