Paramount Skydance makes $108.4 billion bid for 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.
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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.
Netflix said it is buying Warner Bros. in a deal valued at $82.7 billion, merging the biggest streaming service with a storied studio that has produced films such as "Casablanca" and the "Harry Potter" franchise. Elaine Quijano has more on what it means for those watching at home.
Netflix announced a deal to buy Warner Bros. for $82.7 billion. Barron's writer Paul La Monica joins CBS News with more.
Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies.
Warner Bros. Discovery said it will separate its media businesses into two new companies, with cable in one and streaming and studios in the second.
A U.S. district judge said in her ruling that FuboTV was likely to be successful in proving that the joint venture would violate antitrust laws.
Venu Sports will include games from the NFL to NASCAR, as well as college sports, golf, tennis and soccer.
"Inside the NBA" host Charles Barkley is decrying the NBA's new broadcast pact, saying Warner Bros. Discovery's TNT "never had a chance."
Originally slated for a theatrical release last July, "Coyote vs. Acme" was reportedly shelved by Warner Bros. Discovery in November.
ESPN, Fox Corp. and Warner Bros. Discovery say new sports streaming platform will show games from four major pro sports leagues.
Television advertising revenue is expected to decline in 2024 by 18%, which could mean cost-cutting and job losses in the media and telecommunications industry. Kerry Flynn, a media deals reporter at Axios, joins CBS News with a look at the changing landscape of media.
The pink wave isn't slowing down, as "Barbie" has a chance of racing past Universal's "The Super Mario Bros. Movie."
The "Barbie" movie is out and the marketing leading up to the big release, in addition to collaboration with big brands, has reinvigorated people's long-time love for Mattel's iconic doll. Hope King, senior business reporter for Axios, joins CBS News to talk about the marketing blitz for "Barbie."