Netflix

Warner Bros reopens takeover talks with Paramount after waiver from Netflix

Warner Bros Discovery is briefly reopening takeover talks with Skydance-owned Paramount to hear the company's "best and final" offer, while the Hollywood giant continues to back the studio and streaming deal it struck with Netflix. In a Tuesday regulatory filing, Warner said it had received a waiver from Netflix to reopen talks with Paramount for the next seven days, or until Monday. Warner said this will allow the companies to discuss unresolved "deficiencies" and "clarify certain terms" of Paramount's latest bid. But in the meantime, Warner's board is still recommending shareholders support of its proposed merger with Netflix. A special meeting is now scheduled for Friday, March 20 to hold a vote on that deal. In a statement, Netflix said it was confident that its proposed transaction "provides superior value and certainty" - but recognised "the ongoing distraction for WBD stockholders and the broader entertainment industry caused by PSKY's antics." The streaming giant noted it ha

Warner Bros rejects revised Paramount bid, but is open to a final offer

Paramount informally broached an even higher per-share price of $31, Warner Bros said, apparently enticing the board to the table

Warner Bros. weighs reopening sale talks with Paramount amid Netflix bid

Paramount has revised its offer, agreeing to cover the $2.8 bn Netflix breakup fee and backstop Warner Bros' debt refinancing to ease board concerns

Paramount boosts Warner Bros bid with ticking fee, Netflix fee backstop

It did not raise its overall offer of $30 per share, or $108.4 billion including debt, for the whole of Warner Bros including cable assets

Trump to stay out of corporate fight over Warner Bros., leaves call to DOJ

The battle between Netflix and Paramount over Warner Bros. has grown acrimonious and drawn scrutiny, regardless of which bidder succeeds, setting up a major antitrust test for the Trump administration

American climber Alex Honnold scales Taipei 101 skyscraper without ropes

American rock climber Alex Honnold climbed the Taipei 101 skyscraper on Sunday without any ropes or protective equipment. Cheers erupted from a gathered crowd as he started climbing the 508-metre (1,667-foot) tower earlier Sunday, using the horizontal metal beams to pull himself up with his bare hands. The onlookers cheered again when he paused at one point and turned around to face them, in a red short-sleeve shirt that stood out as he made the climb. Honnold's free solo climb of the iconic building in Taiwan's capital city was being broadcast live on Netflix with a 10-second delay. The ascent, originally scheduled for Saturday, was delayed for 24 hours due to rain. The climb drew both excitement and concern over the ethical implications of attempting such a high-risk endeavour on live broadcast. Honnold, known for his ropeless ascent up Yosemite National Park's El Capitan, climbed up one corner of Taipei 101 using small L-shaped outcroppings as footholds. Periodically, he had to

Data of 149 mn online accounts, including Gmail and Netflix, leaked: Report

Login credentials, including usernames, passwords, of over 149 million accounts of internet firms, including Gmail, Instagram, Facebook, and Netflix, have allegedly been leaked, a report published by ExpressVPN said. The report published by cybersecurity researcher Jeremiah Fowler claims that the publicly exposed data includes 48 million accounts on Gmail, 4 million on Yahoo, 17 million on Facebook, 6.5 million on Instagram, 3.4 million on Netflix, 1.5 million on Outlook, etc. "The publicly exposed database was not password-protected or encrypted. It contained 149,404,754 unique logins and passwords, totaling a massive 96 GB of raw credential data. In a limited sampling of the exposed documents, I saw thousands of files that included emails, usernames, passwords, and the URL links to the login or authorization for the accounts," Fowler said in the report. Email queries to major firms named in the report did not elicit any immediate reply. Fowler said the database was publicly ...

Tech Wrap Jan 21: OnePlus, BenQ gaming monitor, Netflix mobile app revamp

OnePlus India CEO dismisses claims of shut down. BenQ launched a new gaming monitor. Netflix plans mobile app revamp. WhatsApp iOS group chat history. Sony Bravia goes to TCL. Xbox cloud gaming

Netflix plans mobile app revamp with vertical video feed, podcasts: Report

Reportedly, Netflix is redesigning its mobile app with short-form video feeds and podcasts, aiming to boost daily engagement and compete with social platforms beyond traditional streaming

Netflix makes all-cash $82.7 billion bid for Warner Bros, blocks Paramount

The new all-cash bid - at $27.75 a share - has unanimous support from the HBO owner's board, according to a Tuesday regulatory filing

Netflix weighs amending deal with Warner Bros to make it all cash bid

Netflix lined up $59 billion of financing from Wall Street banks to help support its acquisition, in the form of one of the largest ever bridge loans

Paramount eyes new board in hostile takeover bid for Warner Bros Discovery

Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros Discovery, saying that it will name its own slate of directors before the next shareholder meeting of the Hollywood studio. Paramount also filed a suit in Delaware Chancery Court on Monday seeking to compel Warner Bros. to disclose to shareholders how it values its bid and the competing offer from Netflix. Warner Bros. is in the middle of a bidding war between Paramount and Netflix. Warner's leadership has repeatedly rebuffed overtures from Skydance-owned Paramount and urged shareholders to back the sale of its streaming and studio business to Netflix for USD 72 billion. Paramount, meanwhile, has made efforts to sweeten its USD 77.9 billion hostile offer for the entire company. Last week, Warner Bros. Discovery said its board determined Paramount's offer is not in the best interests of the company or its shareholders. It again recommended shareholders support the Netflix deal. David Ellison, the

Paramount Skydance sues WBD, seeks financial details of $83 bn Netflix deal

This comes a month after Warner Bros. struck a deal with Netflix in December to have the streamer acquire its TV and movie studios for $83 billion

Netflix's India decade: From 'HBO moment' to a hunt for mass reach

A decade after launch, Netflix has won India's premium viewers - and now eyes mass scale with sports, ads and connected TVs

The Netflix effect: Ten years of streaming spotlight India's storytelling

From House of Cards to Indian stories going global, Netflix's decade in India marks how streaming reshaped entertainment, redrew media power, and changed what the world watches

Warner Bros rejects Paramount's revised $108.4 bn bid, backs Netflix deal

Warner Bros' board said Paramount's offer hinges on "an extraordinary amount of debt financing" that heightens the risk of closing

Netflix crashes briefly as Stranger Things Season 5 finale drops worldwide

Netflix briefly went offline as fans rushed to stream the Stranger Things Season 5 finale, with outages reported globally following the release of the 2-hour-long concluding episode

Warner Bros likely to reject Paramount's $108.4 bn hostile bid: Report

Paramount had said that Ellison was open to personally guarantee equity financing backing the bid, a move aimed at easing doubts that had dogged its earlier proposal

The 'legacyfication' of new media and other stories as tech cuts both ways

The new is beginning to resemble the old, tech is playing both hero and villain, and cinemas are starting to get their sheen back

Americans watch fewer new TV shows, turn more to free streaming platforms

As streaming penetrated almost every corner of US society, it attracted many more price-sensitive viewers - people who are dropping cable or trading broadcast TV for other free options