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Netflix’s proposal values WBD’s streaming and studio assets at nearly $83bn. The Netflix offer is worth $23.25 in cash and $4.50 in stock. It does not include the remaining television assets, which includes CNN, which WBD has been valuing between $3 and $5 a share.
European antitrust regulators are notoriously stricter than U.S. agencies. What does that mean for the Netflix-Paramount-Warner Bros. dealmaking?
The high-stakes battle to buy all or part of Warner Bros. Discovery goes on. But who needs it more to thrive in the future: Netflix or Paramount Skydance. Some thoughts
Netflix CEOs call the Warner Bros. acquisition a win, but analysts warn of risks as investors question the $83B deal and Paramount looms.
After winning the award for best game adaptation for HBO series The Last of Us, Druckmann took to the stage to make his speech. In the clip, now posted on Twitter, the Naughty Dog Studio Head thanked the relevant studios before adding, "Do we need to thank Netflix or Paramount, or whoever our streaming overlord is now?"
A video spreading across platforms purports to show the Netflix logo painted over the historic water tower at Warner Bros. Studios as the streaming powerhouse seeks to buy the global media giant's film and television studios and streaming services amid a bidding war with Paramount.
Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.
In the corporate battle over parent company Warner Bros. Discovery, CNN's fate remains up for grabs. President Trump wants a say in what happens next.