Paramount UPS Warner Bros. bid with Trump son
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Netflix, Warner Bros.
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H ollywood has produced another gripping drama. Netflix’s and Paramount’s $100bn battle to buy Warner Bros Discovery has juicy plot ingredients, from an ambitious billionaire to mysterious Saudi investors and even a cameo from the president’s son-in-law. As the studio weighs its options, expect weeks of entertainment.
As the battle between Netflix and Paramount over who will own Warner Bros heats up again, Disney CEO Bob Iger on Thursday strategically stepped in with some opinions of his own. With his eyes on the streaming wars endgame,
The president's comments are notable because the proposed deal with Netflix would not include cable channels owned by Warner Bros. Discovery.
Paramount's David Ellison said that if Warner Bros. Discovery's board took his current offer, it would be "admitting breach of fiduciary duty."
A future Congress controlled by Democrats would “review many of the decisions of the current Administration,” two House Democrats said Wednesday.
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Paramount says China’s Tencent withdrew from its Warner Bros bid to avert national security issues
BANGKOK (AP) — Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.
The real story of the fight for Warner Bros. Discovery is viewers shifting from studios to tech platforms, impacting how and what you watch.