Netflix is walking away from a deal to buy Warner Bros. Discovery’s studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. Earlier this week, Paramount raised its bid to buy the entirety of WBD to $31 per share, up from $30 per…
An aerial view of the Paramount logo on the water tower at Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Warner Bros. Discovery on Tuesday said it had received a higher takeover offer from Paramount Skydance and will review the new bid under the terms of its existing…
Savannah Guthrie on NBC’s “Today” Citi Concert Series at Rockefeller Plaza on May 30, 2025 in New York City. Ndz/star Max | Gc Images | Getty Images Savannah Guthrie in an emotional Instagram post on Tuesday morning said that her family was offering a reward of up to $1 million for “any information” that would…
Dr. Peter Attia arrives on the red carpet for the premiere of ‘Limitless with Chris Hemsworth’ at Jazz at Lincoln Center in New York, New York, on Nov. 15, 2022. Gabriele Holtermann | AP Longevity guru Dr. Peter Attia resigned as a contributor to CBS News amid fallout over his past email correspondence with convicted…
Reese Witherspoon has some career advice you might not want to hear. The “Legally Blonde” and “Big Little lies” actress posted an Instagram video on Feb. 17 offering a tip in response to a young woman she’d spoken with who was unhappy in her job and looking to switch roles. “Okay, well what are your…
A drone view shows the Netflix logo on one of the company’s buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026. Daniel Cole | Reuters President Donald Trump late Saturday called on Netflix to fire board member Susan Rice or “pay the consequences,” after she said Democrats would push for corporate…
Canadian filmmaker James Cameron poses during a photocall for the opening of the exhibition entitled ‘The Art of James Cameron’ at the Cinematheque Francaise in Paris on April 3, 2024. Stephane De Sakutin | AFP | Getty Images Legendary “Titanic” director James Cameron is likening the theatrical experience to a “sinking ship” if Netflix acquires…
The future of the NBA’s media strategy was taking shape at this year’s All-Star weekend. The fanfare has always been about showcasing the league’s best players. But this year, the event was as much about the league’s partnership with content creators as it was about on-the-court talent. More than 200 global creators took part in…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story There’s nothing quite like the holiday rush in China for the Lunar New Year. The Beijing city streets start emptying out several days in advance…
Signage at a ByteDance offices in Beijing, China, on June 30, 2023. Bloomberg | Bloomberg | Getty Images Chinese tech giant ByteDance has said it will strengthen safeguards on a new artificial intelligence video-making tool, following complaints of copyright theft from entertainment giants. The tool, Seedance 2.0, enables users to create realistic videos based on…
