Warner Bros

US Justice department probes Warner Bros. sale's impact on theatres

Although the chief focus of the review is likely to be Netflix Inc.'s dominance in the streaming business, the release of Warner Bros. films in theaters has become a concern as well

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

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

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

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

Netflix, Warner Bros & Paramount: The Hollywood battle no one saw coming

A proposed mega-deal involving Netflix and a major Hollywood studio has sparked a three-way power struggle—union fears, theatre panic, regulator heat, and a rival counter-bid.

Larry Ellison offers $40 bn guarantee for Paramount's Warner Bros bid

After Warner Bros board rejected its offer, Paramount Skydance said Larry Ellison will provide a $40.4 billion irrevocable personal guarantee backing its $108.4 billion bid

Warner Bros Discovery board rejects Paramount's $108 bn hostile bid

Paramount took its bid directly to Warner Bros' shareholders last week after the company announced a deal with Netflix on December 5

Jared Kushner's Affinity Partners backs out of Warner Bros takeover plan

Earlier this month, Affinity emerged as a participant in Paramount's hostile bid for Warner Bros, a proposal that valued the Hollywood studio at approximately $108.4 billion

Warner Bros deal caps blockbuster year as global M&A hits $4.5 trillion

Paramount Skydance Corp.'s hostile bid to snatch Warner Bros. Discovery Inc. from under the nose of Netflix Inc. encapsulates the themes that have shaped a banner year for mergers and acquisitions

Paramount's $54 bn debt poses major challenge in Warner Bros takeover bid

Paramount has a temporary financing package in place for the combined company, but it hasn't locked in a maximum rate on more permanent borrowings for the transaction

Trump's intervention in Warner Bros sale pushes limits of executive power

Trump has already signalled one personal precondition for a sale: new ownership of longtime bogeyman CNN, in a bid to exert more favorable coverage from the cable network

Trump eyes chance to make CNN serve his agenda. Netflix stands in the way

Trump has declared he 'would be involved' in deciding whether Netflix's proposed acquisition should move forward and the White House is signalling openness to a Paramount-Skydance victory