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.
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.
The U.S. has seized an oil tanker off the coast of Venezuela, President Trump confirmed on Wednesday. CBS News White House reporter Olivia Rinaldi has more.
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.
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."
Attorney General Pam Bondi faced contentious questioning from House Democrats about the Justice Department's handling of the Jeffrey Epstein files.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
Pentagon officials had undertaken planning to use military technology near Fort Bliss, in El Paso, to practice downing drones.
Madison Chock and Evan Bates claimed a silver medal at the 2026 Winter Olympics on Wednesday following a stunning free dance routine.
A former FBI agent called the actions of the person seen in video at Nancy Guthrie's home "extremely amateurish."
The suspected shooter was found dead in the school from a "self-inflicted injury," Canadian police said.
Moscow reiterates willingness to adhere to expired nuclear weapons treaty, "as long as the United States does not exceed the aforementioned limits."
A Georgia Army veteran who spent nearly five decades in the United States was deported to Jamaica following a routine traffic stop.
Madison Chock and Evan Bates claimed a silver medal at the 2026 Winter Olympics on Wednesday following a stunning free dance routine.
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
Team USA star skier Breezy Johnson talks with CBS News about her broken Olympic medal, a superstition, and what keeps her motivated on the slopes.
Stellantis is telling owners of the affected vehicles not to drive them until a potentially dangerous air bag is replaced. See which models are affected.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
"Reverse recruitment" firms promise to cut the length of job searches in half and help connect candidates with employers.
Stellantis is telling owners of the affected vehicles not to drive them until a potentially dangerous air bag is replaced. See which models are affected.
Cardi B appeared during Bad Bunny's halftime show at the Super Bowl, but one prediction market says it's unclear whether she sang.
The social media platform changed its privacy policy last month, inviting users to allow it to track their specific location.
The Trump administration is trying to supercharge the race to dominate artificial intelligence by fast-tracking federal permits for data centers, but some local homeowners are raising concerns.
An attorney for one of the lawmakers who appeared in a video telling members of the military to reject "illegal orders" demanded that the federal prosecutors preserve records for a potential suit.
"He is feeling better and will be working from home this week on the advice of his doctors," Sen. Mitch McConnell's spokesman said.
Pentagon officials had undertaken planning to use military technology near Fort Bliss, in El Paso, to practice downing drones.
The Trump administration is trying to supercharge the race to dominate artificial intelligence by fast-tracking federal permits for data centers, but some local homeowners are raising concerns.
The House is set to vote Wednesday on the SAVE America Act, which would implement strict new requirements for registering to vote and casting ballots.
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
Experts say Affordable Care Act sign-up data won't be clear until people who were enrolled have paid — or not — their new, often much higher, premiums.
Ballad Health, the nation's largest state-sanctioned hospital monopoly, plans to rebuild Unicoi County Hospital in Tennessee on land that two climate modeling companies say is at risk of flooding.
Team USA star skier Breezy Johnson talks with CBS News about her broken Olympic medal, a superstition, and what keeps her motivated on the slopes.
The aim of the "deceptively simple but thrilling strategy game" was to hunt and trap the opponent's pieces in as few moves as possible, scientists said.
The 41-year-old American came out of retirement to compete in the 2026 Winter Olympics and crashed seconds into her downhill race on Sunday.
Moscow reiterates willingness to adhere to expired nuclear weapons treaty, "as long as the United States does not exceed the aforementioned limits."
A close family friend tells CBS News about the Olympic dream Team USA skater Maxim Naumov shared with his parents, and how "he did it."
Actor James Van Der Beek, known for his roles in "Dawson's Creek," "Varsity Blues" and more, has died at the age of 48, according to his publicist and a post from his wife on social media.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York Fashion Week is underway, with designers debuting looks for the Fall/Winter 2026 season. Claire Sulmers, the editor-in-chief and founder of Fashion Bomb Daily, joins with more.
Chappell Roan says she's left her talent agency after its CEO, Casey Wasserman, was named in files related to late convicted sex offender Jeffrey Epstein.
Just 30 seconds of highly coveted commercial airtime during the Super Bowl costs as much as $10 million, according to CBS News MoneyWatch. Bill Pearce, marketing faculty member at The University of California, Berkeley, joins to discuss some of the ads from Super Bowl LX.
The social media platform changed its privacy policy last month, inviting users to allow it to track their specific location.
Millions of Americans are turning to AI for emotional therapy. A report in JAMA found about 13% of young people use AI chatbots for mental health advice. Dr. Sue Varma, a board-certified psychiatrist, explains what to know about safety, privacy and ethical standard concerns.
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 demands of the artificial intelligence boom may be causing shortages in other sectors that help boost the U.S. economy. Shira Ovide, a technology reporter for The Washington Post, joins CBS News with more.
Opening statements began in a landmark trial against Google and Meta on the apparent harms of social media platforms. CBS News' Jo Ling Kent reports.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Police say a shooter killed at least nine people and injured dozens of others in shootings at a high school and a home in British Columbia, Canada. CBS News correspondent Shanelle Kaul has the latest.
A purported ransom note for Nancy Guthrie demanded payment in bitcoin. Ben Weiss, a crypto reporter for Fortune, joins with analysis.
Authorities released new surveillance video and photos showing a subject at Nancy Guthrie's doorstep the night she disappeared. Former FBI special agent Jeffrey Harp breaks down clues the new surveillance video reveals and discusses the latest on the investigation.
Democratic Rep. Ted Lieu of California accused Attorney General Pam Bondi of lying under oath about apparent evidence in the Epstein files released by the Justice Department that he says links President Trump to potential crimes.
Rep. Jim Jordan, a Republican from Ohio who chairs the House Judiciary Committee, asked Attorney General Pam Bondi about the Justice Department's probe into Don Lemon for his presence during a protest inside a church in Minneapolis. Jordan also asked Bondi about a potential probe into former CIA Director John Brennan surrounding allegations of Russian meddling in the 2016 campaign.
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
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.
Sources tell CBS News that the FAA briefly grounded all flights in El Paso, Texas, Wednesday due to disagreements with the Pentagon over drone-related tests. CBS News senior national security correspondent Charlie D'Agata has more.
Police say a shooter killed at least nine people and injured dozens of others in shootings at a high school and a home in British Columbia, Canada. CBS News correspondent Shanelle Kaul has the latest.
Attorney General Pam Bondi faced tough questions from lawmakers on Wednesday over the Justice Department's handling of the Jeffrey Epstein files. CBS News congressional correspondent Nikole Killion joins with her takeaways.
A purported ransom note for Nancy Guthrie demanded payment in bitcoin. Ben Weiss, a crypto reporter for Fortune, joins with analysis.
Attorney General Pam Bondi hit back at Rep. Hank Johnson, a Democrat from Georgia, during a House hearing on Wednesday. Johnson focused his questions on the documents related to Jeffrey Epstein and asked whether she would turn around and apologize to the Epstein survivors at the hearing.