Warner Bros Discovery Inc
WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers. Warner […]
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Netflix taps bank to explore bid for Warner Bros Discovery
Sopa Images | Lightrocket | Getty Images Netflix is actively exploring a bid for Warner Bros Discovery‘s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter. The video streaming service has hired Moelis & Co, the investment bank that advised Skydance Media […]
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Analysts think Trump would block a Comcast-WBD deal. Comcast executives aren’t as worried
Brian Roberts, Chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025. David A. Grogan | CNBC Comcast reported earnings Thursday, and it could shed light on how executives view regulators’ attitude toward a potential NBCUniversal-Warner Bros. Discovery merger. Warner Bros. Discovery, […]
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Paramount to lay off 1,000 employees, with more cuts expected
The logo and lettering of Paramount Skydance Corporation can be seen at a Paramount stand at the Media Days in Munich (Bavaria, Germany). Matthias Balk | Picture Alliance | Getty Images Paramount Skydance is slashing nearly 1,000 jobs beginning on Wednesday, just months after the close of its merger, according to a person close to […]
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WBD rejected three Paramount takeover offers, the last for just under $24 per share, sources say
Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources. Paramount’s last offer was for just under $24 per share and comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per […]
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CNBC Daily Open: Netflix holds its own even as other media companies rethink their strategy
Cast and filmmakers hop on the KPop Demon Hunters-Sing Along Experience at Paris Theater on August 23, 2025 in New York City, U.S. Roy Rochlin | Getty Images Entertainment | Getty Images Netflix’s business leaders and investors probably aren’t enjoying a soda pop after the release of its third-quarter results. While the company’s revenue met […]
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