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Paramount’s hostile Warner Bros. bid, Meta’s AI course correction, McDonald’s value crackdown and more in Morning Squawk
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., center, outside the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need […]
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Comcast president outlines unsuccessful WBD offer and future of NBC’s Peacock
Mike Cavanagh, President of Comcast Corporation attends the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. T Kevork Djansezian | Getty Images Comcast’s top brass on Monday pulled the curtain back on the company’s unsuccessful bid for Warner Bros. Discovery, detailing an offer far different from its rival bidders. […]
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Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, which Paramount Skydance CEO […]
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The regulatory path ahead for a Netflix and Warner Bros. deal could get dicey
Logos of Netlfix and Warner Bros. Reuters The Netflix and Warner Bros. Discovery deal came together quickly — but its path to regulatory approval may not be so speedy. Netflix stunned the media industry on Friday when it announced its proposed $72 billion deal to acquire the iconic Warner Bros. film studio and streaming service […]
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David Ellison’s hunt for WBD made David Zaslav richer — and it may not be over
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) Patrick T. Fallon | Afp | Getty Images This isn’t exactly what David Ellison had planned in September. Just a few months […]
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Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval
A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images Movie theater operators woke up Friday to the possibility of a new world order. Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD’s film […]
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Will the Netflix-Warner Bros. deal go through? Using options to trade the uncertainty
Netflix (NFLX) has agreed to buy some pieces — the film and streaming businesses — of Warner Bros Discovery (WBD) for $72 billion. The leading streaming giant emerged as the top bidder for Warner Bros outbidding both rivals Comcast (CMCSA) and Paramount Skydance (PSKY) after what felt like a multi-round boxing match. However, this deal […]
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Stocks making the biggest moves midday: Paramount Skydance, Rubrik, Netflix, Parsons, Albemarle and more
Check out the companies making headlines in midday trading: Netflix , Warner Bros. Discovery — Shares of Netflix pulled back almost 3%, while Warner Bros. Discovery added almost 4% in midday trading after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. But trading has been volatile as […]
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Netflix to buy Warner Bros. Discovery, Ulta earnings, Meta’s rebound and more in Morning Squawk
The Warner Bros. studios water tower stands next to a U.S. flag in Burbank, California, U.S. Nov. 18, 2025. Mike Blake | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. And the winner is… […]
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Netflix to buy Warner Bros. film and streaming assets in $72 billion deal
Warner Bros. Studios in Burbank, California, US, on Wednesday, Nov. 26, 2025. Warner Bros. Jill Connelly | Bloomberg | Getty Images Netflix announced Friday it’s reached a deal to buy Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets. The […]
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