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Paramount and Warner Bros. Discovery reportedly signed an agreement Friday on a $110 billion deal, a merger that will make Paramount one of the largest media empires in the world. It happened after a dramatic turn of events and after Netflix walked away from its proposal to buy out...

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Netflix struck a deal Friday to buy Warner Bros. Discovery in a $72 billion deal that would bring together two of the biggest players in television and film.
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Netflix struck a deal Friday to buy Warner Bros. Discovery in a $72 billion deal that would bring together two of the biggest players in television and film.

The Associated Press

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Netflix has struck a nearly $83 billion deal to acquire Warner Bros., beating out Paramount and Comcast after a bidding war. If finalized, it would unite the world’s largest streamer with one of Hollywood’s oldest studios. The move raises big questions about the future of theatrical releases and serious concerns about market concentration. Geoff Bennett speaks to Matthew Belloni for more.
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Netflix has struck a nearly $83 billion deal to acquire Warner Bros., beating out Paramount and Comcast after a bidding war. If finalized, it would unite the world’s largest streamer with one of Hollywood’s oldest studios. The move raises big questions about the future of theatrical releases and serious concerns about market concentration. Geoff Bennett speaks to Matthew Belloni for more.

PBS News

24,144 Aufrufe • vor 7 Monaten

'Paramount suddenly is in a much stronger position to take over CNN and the rest of the Warner Bros. Discovery company, which includes HBO and the Warner Bros. movie studio and all those other assets.' CNN's Brian Stelter on the impact of Netflix declining to raise its offer to buy Warner Bros.
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'Paramount suddenly is in a much stronger position to take over CNN and the rest of the Warner Bros. Discovery company, which includes HBO and the Warner Bros. movie studio and all those other assets.' CNN's Brian Stelter on the impact of Netflix declining to raise its offer to buy Warner Bros.

The Lead CNN

54,748 Aufrufe • vor 4 Monaten

HBO Max and Paramount+ will become one streaming service. That's if and when Paramount Skydance's acquisition of Warner Bros. Discovery is complete, but there are still quite a number of regulatory hurdles standing in the way #THRNews
1:48

HBO Max and Paramount+ will become one streaming service. That's if and when Paramount Skydance's acquisition of Warner Bros. Discovery is complete, but there are still quite a number of regulatory hurdles standing in the way #THRNews

The Hollywood Reporter

35,085 Aufrufe • vor 4 Monaten

Paramount launched a $108 billion hostile bid for Warner Bros., days after the company agreed to a deal with Netflix Peter Elstrom explains the battle for one of the biggest names in Hollywood
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Paramount launched a $108 billion hostile bid for Warner Bros., days after the company agreed to a deal with Netflix Peter Elstrom explains the battle for one of the biggest names in Hollywood

Bloomberg

19,633 Aufrufe • vor 7 Monaten

This weekend several parties are gearing up to bid on Warner Brothers Discovery in a heated auction. This comes a full quarter century since I advised Aol in their $183 billion merger with Time Warner in the largest deal in history in 2000, a deal way ahead of its time and massively financially lopsided (in my client’s favor). Who will win the bidding for Warner Bros. – Comcast, Netflix, Skydance Paramount or a dark horse candidate? My bet is on Paramount because Comcast’s Brian Roberts is economically rational and Netflix doesn’t need it. Plus, Skydance’s David Ellison has both his dad’s cash and connections (Saudi money?) and the right political connections (Trump) to get the deal greenlit. Whoever wins the auction, one thing’s certain: the real winner is David Zaslav who bet big on a high-risk leveraged play when he convinced AT&T to merge Warner Bros. with Discovery in deal at one point had $48 billion of debt – a deal that panned out after all at a time when legacy media is in decline. Very Disco!
0:30

This weekend several parties are gearing up to bid on Warner Brothers Discovery in a heated auction. This comes a full quarter century since I advised Aol in their $183 billion merger with Time Warner in the largest deal in history in 2000, a deal way ahead of its time and massively financially lopsided (in my client’s favor). Who will win the bidding for Warner Bros. – Comcast, Netflix, Skydance Paramount or a dark horse candidate? My bet is on Paramount because Comcast’s Brian Roberts is economically rational and Netflix doesn’t need it. Plus, Skydance’s David Ellison has both his dad’s cash and connections (Saudi money?) and the right political connections (Trump) to get the deal greenlit. Whoever wins the auction, one thing’s certain: the real winner is David Zaslav who bet big on a high-risk leveraged play when he convinced AT&T to merge Warner Bros. with Discovery in deal at one point had $48 billion of debt – a deal that panned out after all at a time when legacy media is in decline. Very Disco!

Terence Kawaja

18,250 Aufrufe • vor 7 Monaten

🇺🇸 JARED KUSHNER’S FIRM PULLS OUT OF WARNER BROS TAKEOVER BATTLE Kushner’s private equity firm, Affinity Partners, has exited the high-stakes effort backing Paramount Skydance’s hostile takeover bid for Warner Bros, signaling a major shift in one of the biggest media fights in years. The firm confirmed it is no longer pursuing the deal, citing rapidly changing dynamics around the bid. Affinity had been part of a deep-pocketed financial group supporting Paramount Skydance CEO David Ellison’s unsolicited offer, valued at more than $108 billion, for the entire Warner Bros empire. The withdrawal comes days after Warner Bros. and Netflix announced a separate agreement that would carve out key assets, including HBO, HBO Max, and the Warner Bros film studio, effectively undercutting Paramount’s full-company play. With multiple bidders circling and boardroom resistance growing, the ground shifted fast. Affinity said it still believes there is strategic logic behind Paramount’s bid, but competition and deal structure no longer justified staying in the fight. The fund had been aligned with major international investors, including Saudi Arabia’s Public Investment Fund and other Gulf-based backers. Warner Bros. is now widely expected to reject Paramount’s offer, while regulators loom over any potential merger. The media consolidation war isn’t slowing down. It’s just getting sharper. Source: NBC, BloombergTV
2:34

🇺🇸 JARED KUSHNER’S FIRM PULLS OUT OF WARNER BROS TAKEOVER BATTLE Kushner’s private equity firm, Affinity Partners, has exited the high-stakes effort backing Paramount Skydance’s hostile takeover bid for Warner Bros, signaling a major shift in one of the biggest media fights in years. The firm confirmed it is no longer pursuing the deal, citing rapidly changing dynamics around the bid. Affinity had been part of a deep-pocketed financial group supporting Paramount Skydance CEO David Ellison’s unsolicited offer, valued at more than $108 billion, for the entire Warner Bros empire. The withdrawal comes days after Warner Bros. and Netflix announced a separate agreement that would carve out key assets, including HBO, HBO Max, and the Warner Bros film studio, effectively undercutting Paramount’s full-company play. With multiple bidders circling and boardroom resistance growing, the ground shifted fast. Affinity said it still believes there is strategic logic behind Paramount’s bid, but competition and deal structure no longer justified staying in the fight. The fund had been aligned with major international investors, including Saudi Arabia’s Public Investment Fund and other Gulf-based backers. Warner Bros. is now widely expected to reject Paramount’s offer, while regulators loom over any potential merger. The media consolidation war isn’t slowing down. It’s just getting sharper. Source: NBC, BloombergTV

Mario Nawfal

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In a stunning twist, Paramount Skydance launched a hostile bid worth $108.4 billion, offering $30 per share, all cash, for the entirety of Warner Bros Discovery and providing shareholders $18 billion more in cash and an easier path to regulatory approval
2:20

In a stunning twist, Paramount Skydance launched a hostile bid worth $108.4 billion, offering $30 per share, all cash, for the entirety of Warner Bros Discovery and providing shareholders $18 billion more in cash and an easier path to regulatory approval

Reuters

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The Paramount Skydance-Warner Bros Discovery merger will create a combined entity that would have a net debt of about $79 billion, Paramount said, ruling out any plan to divest or spin off the cable assets
1:35

The Paramount Skydance-Warner Bros Discovery merger will create a combined entity that would have a net debt of about $79 billion, Paramount said, ruling out any plan to divest or spin off the cable assets

Reuters

79,240 Aufrufe • vor 4 Monaten

Netflix dropped out of the fight to buy Warner Bros. Discovery, clearing the way for rival bidder Paramount Skydance to clinch its $111 billion deal for the historic Hollywood studio
3:50

Netflix dropped out of the fight to buy Warner Bros. Discovery, clearing the way for rival bidder Paramount Skydance to clinch its $111 billion deal for the historic Hollywood studio

Bloomberg TV

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🚨🇺🇸 NETFLIX’S $72 BILLION TAKEOVER OF WARNER BROS SHAKES HOLLYWOOD TO ITS CORE Netflix just rewrote Hollywood’s future. The streamer announced a $72 billion cash-and-stock deal to acquire Warner Bros. Discovery’s film and TV studios, HBO, HBO Max, and gaming business... its largest acquisition ever and one of the biggest in media history. The offer values Warner Bros. at $27.75 per share ($23.25 in cash and $4.50 in Netflix stock), totaling $82.7 billion when factoring in debt. It beats rival bids from Paramount Skydance and Comcast and comes with a hefty $5.8 billion breakup fee if regulators block it. Netflix co-CEO Ted Sarandos said it’s all about growth and storytelling: “We can’t stand still. We need to keep innovating and investing in stories that matter most to audiences, and that’s what this deal is all about. The combination of Netflix and Warner Brothers creates a better Netflix for the long term. It sets us up for success for decades to come. Warner Brothers has some of the best entertainment in the world, period.” The merger would unite franchises like Harry Potter, Game of Thrones, and DC under one streaming roof, while preserving theatrical releases with shorter windows. Source: CNBC, Variety, Bloomberg
1:59

🚨🇺🇸 NETFLIX’S $72 BILLION TAKEOVER OF WARNER BROS SHAKES HOLLYWOOD TO ITS CORE Netflix just rewrote Hollywood’s future. The streamer announced a $72 billion cash-and-stock deal to acquire Warner Bros. Discovery’s film and TV studios, HBO, HBO Max, and gaming business... its largest acquisition ever and one of the biggest in media history. The offer values Warner Bros. at $27.75 per share ($23.25 in cash and $4.50 in Netflix stock), totaling $82.7 billion when factoring in debt. It beats rival bids from Paramount Skydance and Comcast and comes with a hefty $5.8 billion breakup fee if regulators block it. Netflix co-CEO Ted Sarandos said it’s all about growth and storytelling: “We can’t stand still. We need to keep innovating and investing in stories that matter most to audiences, and that’s what this deal is all about. The combination of Netflix and Warner Brothers creates a better Netflix for the long term. It sets us up for success for decades to come. Warner Brothers has some of the best entertainment in the world, period.” The merger would unite franchises like Harry Potter, Game of Thrones, and DC under one streaming roof, while preserving theatrical releases with shorter windows. Source: CNBC, Variety, Bloomberg

Mario Nawfal

296,256 Aufrufe • vor 7 Monaten

The left wing elite are in full panic mode now that Paramount is buying Warner Bros Discover, and with that merger Trump ally Larry Ellison (and his son David) will control the combined media giant. Under the new ownership of Paramount, CBS News and CNN won't be fully controlled by the radical left. The far left wing "reporters" are CNN are in a full blown panic that they will no longer be able to promote their far left agenda. The Democrats were counting on their Obama allies at Netflix to purchase Warner Bros (and CNN). However the Ellison family outbid Netflix with $110 billion. Radical left wing senators like Bernie Sanders and Elizabeth Warren are trying to claim "national security concerns" to block the merger. In reality, they are terrified at the thought of the left losing their control on the media narrative.
1:35

The left wing elite are in full panic mode now that Paramount is buying Warner Bros Discover, and with that merger Trump ally Larry Ellison (and his son David) will control the combined media giant. Under the new ownership of Paramount, CBS News and CNN won't be fully controlled by the radical left. The far left wing "reporters" are CNN are in a full blown panic that they will no longer be able to promote their far left agenda. The Democrats were counting on their Obama allies at Netflix to purchase Warner Bros (and CNN). However the Ellison family outbid Netflix with $110 billion. Radical left wing senators like Bernie Sanders and Elizabeth Warren are trying to claim "national security concerns" to block the merger. In reality, they are terrified at the thought of the left losing their control on the media narrative.

Wall Street Mav

102,443 Aufrufe • vor 2 Monaten

Warner Bros Discovery said it would separate its studios and streaming business from its fading cable television networks, unraveling decades of media consolidation that have created global conglomerates
1:01

Warner Bros Discovery said it would separate its studios and streaming business from its fading cable television networks, unraveling decades of media consolidation that have created global conglomerates

Reuters

31,787 Aufrufe • vor 1 Jahr

Paramount has struck a $110bn deal to buy Warner Bros Discovery after Netflix walked away from the bidding war. Paramount, which is led by billionaire Larry Ellison's son, David, has deep political connections to Donald Trump's administration. #SkyNews
1:36

Paramount has struck a $110bn deal to buy Warner Bros Discovery after Netflix walked away from the bidding war. Paramount, which is led by billionaire Larry Ellison's son, David, has deep political connections to Donald Trump's administration. #SkyNews

Sky News

50,602 Aufrufe • vor 4 Monaten

Netflix has announced that it has entered a “definitive agreement” to acquire Warner Bros. — including its film and television studios, HBO Max and HBO — in a deal valued at approximately $83 billion. ABC News' Elizabeth Schulze reports.
1:51

Netflix has announced that it has entered a “definitive agreement” to acquire Warner Bros. — including its film and television studios, HBO Max and HBO — in a deal valued at approximately $83 billion. ABC News' Elizabeth Schulze reports.

ABC News

19,836 Aufrufe • vor 7 Monaten

Paramount started the bidding war, Netflix ended it. That is, if its $82 billion deal to buy Warner Bros. goes through. Listen to Lucas Shaw and David Gura on the Big Take podcast
1:19

Paramount started the bidding war, Netflix ended it. That is, if its $82 billion deal to buy Warner Bros. goes through. Listen to Lucas Shaw and David Gura on the Big Take podcast

Bloomberg

41,475 Aufrufe • vor 7 Monaten

Larry and David Ellison Are Building a Pro-Trump Media Behemoth Larry and David Ellison Are Building a Pro-Trump Media Behemoth With the president’s blessing, the Ellisons’ Skydance merged with Paramount, gaining control of CBS News. Now the new giant might gobble up Warner Bros. Discovery, which includes CNN.
0:42

Larry and David Ellison Are Building a Pro-Trump Media Behemoth Larry and David Ellison Are Building a Pro-Trump Media Behemoth With the president’s blessing, the Ellisons’ Skydance merged with Paramount, gaining control of CBS News. Now the new giant might gobble up Warner Bros. Discovery, which includes CNN.

JOSH DUNLAP

49,914 Aufrufe • vor 3 Monaten

This could be one of the biggest wins in recent history. The New York Post says disgraced Susan Rice "cost Netflix on home stretch of Warner Bros. Discovery deal." Netflix lost a deal that would have given the Obama's unchecked control over what our children watch. Trump donor and Paramount owner Larry Ellison swept in and took over Warner Bros. Never forget: Susan Rice demanded all Trump supporters be thrown in "reeducation camps." Psycho.
1:15

This could be one of the biggest wins in recent history. The New York Post says disgraced Susan Rice "cost Netflix on home stretch of Warner Bros. Discovery deal." Netflix lost a deal that would have given the Obama's unchecked control over what our children watch. Trump donor and Paramount owner Larry Ellison swept in and took over Warner Bros. Never forget: Susan Rice demanded all Trump supporters be thrown in "reeducation camps." Psycho.

Jack

302,496 Aufrufe • vor 3 Monaten

Jason Blum says the Paramount–Warner Bros. merger is “not surprising" and that David Ellison will “take very good care of Warner Bros.” #PGAAwards
0:53

Jason Blum says the Paramount–Warner Bros. merger is “not surprising" and that David Ellison will “take very good care of Warner Bros.” #PGAAwards

Variety

52,008 Aufrufe • vor 4 Monaten

The Justice Department has approved the $111 billion mega-merger between Paramount Skydance and Warner Bros. Discovery. "This has been one of the most shallow and corrupt merger review processes we've ever seen, and it has been marked by Paramount … wooing and capitulating to the Trump administration at every turn," says Craig Aaron, co-CEO of the media advocacy group Free Press.
2:55

The Justice Department has approved the $111 billion mega-merger between Paramount Skydance and Warner Bros. Discovery. "This has been one of the most shallow and corrupt merger review processes we've ever seen, and it has been marked by Paramount … wooing and capitulating to the Trump administration at every turn," says Craig Aaron, co-CEO of the media advocacy group Free Press.

Democracy Now!

18,055 Aufrufe • vor 24 Tagen