An aerial view of the Paramount logo displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 billion. Mario Tama | Getty Images Warner Bros. Discovery on Tuesday said it…
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…
The Warner Bros. logo is displayed on a water tower at Warner Bros. Studio on September 12, 2025 in Burbank, California. Mario Tama | Getty Images Warner Bros. Discovery‘s board is considering reopening sales talks with Paramount Skydance after recently receiving an amended offer with sweetened deal terms, Bloomberg News reported on Sunday, citing unnamed…
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called ticking fee to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30…
The NFL plans to hold talks with non-traditional media companies to potentially sell them the rights to a live game, NFL Media chief Hans Schroeder told CNBC Sport on Friday. “We have other people that are both partners in a smaller sense — maybe not a full package — or people that still are in…
Algi Febri Sugita | SOPA Images | Lightrocket | Getty Images Netflix said on Tuesday it had reached 325 million global paid subscribers, a new milestone for the streaming giant that last reported membership numbers a year ago. The company reported fourth-quarter earnings and revenue that narrowly beat Wall Street estimates. Here’s how Netflix performed…
Netflix is likely to amend its offer for Warner Bros. Discovery’s assets, making an all-cash bid, CNBC’s David Faber reported on Wednesday. In December, Netflix reached a deal to purchase WBD’s streaming platform HBO Max and the Warner Bros. film studio in a transaction comprised of cash and stock. The deal is currently valued at…
Paramount Skydance is suing Warner Bros. Discovery and CEO David Zaslav as its latest step in a hostile pursuit to acquire WBD, CEO David Ellison outlined in a letter to WBD shareholders on Monday. The lawsuit asks a Delaware court to direct Warner Bros. Discovery to provide information about its sale process and pending deal…
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025. Mario Tama | Getty Images The Warner Bros. Discovery board on Wednesday once again unanimously recommended that WBD shareholders reject a hostile takeover offer from Paramount Skydance. The board said it continued to believe the Paramount bid is “inferior” to…
Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group, the portfolio of cable TV networks and digital assets spun off by Comcast, joins the small cohort of public media companies as the industry reckons with ongoing disruption. Versant begins…
