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Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness […]
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Bids for WBD are in. Here’s what Paramount, Comcast and Netflix could do with the assets
General views of the Warner Bros water tower on the Warner Brothers studio lot on June 24, 2022 in Burbank, California. Aaronp/bauer-griffin | Gc Images | Getty Images With more than a century of some of the most popular film and television content, it’s no wonder why Paramount Skydance, Comcast and Netflix are bidding for […]
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Stocks making the biggest moves midday: Microsoft, Netflix, Marvell Technology, GitLab & more
Check out the companies making the biggest moves midday: Genius Sports — The sports analytics company jumped 8% after setting lofty 2028 targets at its investor day. Genius sees ” group revenue ” totaling $1.2 billion by then, along with free cash flow of $220 million. Netflix — Shares declined 5% as investors waited to […]
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Stocks making the biggest moves premarket: MongoDB, Strategy, Signet Jewelers, Credo and more
Check out the companies making the biggest moves in premarket trading: MongoDB — Shares of the developer data platform soared 24% following strong third-quarter results. Adjusted earnings were $1.32 per share on revenue of $628 million, compared to earnings of 80 cents per share on $592 million in revenue expected by analysts polled by LSEG. […]
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TikTok-fueled K-beauty boom triggers a retail race in the U.S.
Carly Xie looks over facial mask items at the Face Shop, which specializes in Korean cosmetics, in San Francisco, April 15, 2015. Avila Gonzalez | San Francisco Chronicle | Hearst Newspapers | Getty Images On a recent Saturday at an Ulta Beauty store in midtown Manhattan, Denise McCarthy, a mother in her 40s, stood in […]
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Social media users report Netflix outage during ‘Stranger Things’ premiere
A Netflix logo is on display at the Lucca Comics & Games 2025 event, one of Europe’s largest pop culture conventions, as stars and creators of “Stranger Things” series launch Season 5, in Lucca, Italy, October 31, 2025. Claudia Greco | Reuters Users on social media posted that they were experiencing issues with Netflix’s service […]
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‘Rush Hour 4’ revived after Trump urged Paramount Skydance to resurrect franchise, reports say
Actors Chris Tucker and Jackie Chan arrive to the premiere of “Rush Hour 3” at Mann’s Chinese Theater on July 30, 2007 in Hollywood, California. Jeff Vespa | WireImage | Getty Images Paramount is reviving “Rush Hour 4” nearly two decades after the last installment — a comeback pushed forward after President Donald Trump urged […]
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Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery
Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first round offers, according to people familiar with the matter. Paramount Skydance and its advisors had been weighing in recent days whether to submit a higher bid than its previous $23.50-per-share offer that WBD rejected, […]
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Mercedes F1 boss Toto Wolff sells a piece of his ownership stake to CrowdStrike CEO George Kurtz
Mercedes’ British driver George Russell races during the first practice session for the Las Vegas Formula One Grand Prix on November 16, 2023, in Las Vegas, Nevada. Angela Weiss | AFP | Getty Images Mercedes-AMG Petronas F1 CEO and team principal Toto Wolff is bringing in new team ownership, selling a portion of his holdings […]
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Major League Baseball announces new media rights deals for NBC, ESPN and Netflix
Los Angeles Dodgers pitcher Shohei Ohtani (17) throws a pitch during the MLB game between the Philadelphia Phillies and the Los Angeles Dodgers on September 16, 2025 at Dodger Stadium in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Major League Baseball officially announced a new three-year media rights agreement with NBC, […]
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