Warner Bros Discovery Inc
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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Trump says Netflix, Warner Bros. deal ‘could be a problem’; he’ll be involved in approving
U.S. President Donald Trump poses on the red carpet for the 2025 Kennedy Center Honors at the John F. Kennedy Center for the Performing Arts in Washington, D.C., U.S., December 7, 2025. Jeenah Moon | Reuters President Donald Trump expressed skepticism on Sunday night about Netflix‘s proposed acquisition of parts of Warner Bros. Discovery, saying […]
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S&P 500 win streak, Berkshire’s leadership changes, Netflix’s regulatory path and more in Morning Squawk
A Wall Street sign is viewed in front of the New York Stock Exchange. Eduardo Munoz | AFP | 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 to know to start the trading day: 1. Secret Santa The three major indexes […]
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CNBC Daily Open: Playing now: Netflix-Warner Bros deal with a Trump twist
Netflix’s headquarters are pictured in Hollywood, California on December 5, 2025. Patrick T. Fallon | Afp | Getty Images “Who’s watching?” Netflix asks whenever someone accesses its site. On Friday, it was probably everyone with an interest in business, markets and television. The key characters that had people hooked were Netflix and Warner Bros. Discovery, […]
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CNBC Daily Open: Everyone’s watching the Netflix deal
The Netflix logo is pictured at the company’s offices on Vine in Los Angeles, California on Dec. 5, 2025. Patrick T. Fallon | AFP | Getty Images “Who’s watching?” Netflix asks whenever someone accesses its site. On Friday, it was probably everyone with an interest in business, markets and television. The key characters that had […]
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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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