Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion. The stock was up 7.3% at $49 in ...
With their latest buyout bids, Netflix and Paramount Skydance are now among the likely winners in the fight to buy Warner Bros. Discovery, but investors treated them as the losers on Wednesday, with ...
Harris Oakmark says amended Paramount offer not sufficient Warner Bros board favors Netflix's more secure bid Bidding war speaks to the quality of Warner Bros' assets, say investors Warner Bros' fifth ...
The end of the year means a chance to look back and then plot a course into the future — which is what we did as a part of our year-end YouTube audience report. This series is spread across four ...
With over a decade of experience reporting on consumer technology, James covers mobile phones, apps, operating systems, wearables, AI, and more.
Dec 22 (Reuters) - Netflix (NFLX.O), opens new tab has refinanced a part of its $59 billion bridge loan to support its potential acquisition of Warner Bros Discovery's (WBD.O), opens new tab film, TV ...
Paramount Skydance isn't giving up on obtaining Warner Bros. Discovery just yet. The company has amended its $108 billion offer to include Larry Ellison's "irrevocable personal guarantee" equaling $40 ...
Warner Bros. Discovery, Inc. (NASDAQ: WBD) shares are trading higher Monday after Paramount Skydance Corp (NASDAQ: PSKY) announced it amended its $30 per share all-cash offer to acquire the company.
Paramount and its controlling shareholders, the billionaire Ellison family, said the company was building out its bid for Warner Bros. Discovery on Monday. The amended bid seeks to address a number of ...
Mr. Ellison’s personal guarantee is meant to address concerns that the Warner Bros. Discovery’s board had expressed about Paramount’s original offer. By Lauren Hirsch Paramount said on Monday that ...
Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to ...
Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount. And chances are it'll be a long, bumpy regulatory road ahead for either buyer. Warner’s board on ...