November was a strong month for Paramount and Netflix as the two media giants’ content slates drove double-digit viewership gains, per Nielsen’s Media Distributor Gauge. Paramount saw a 14% increase, […]
Netflix Touts ‘Superior’ $83 Billion Warner Bros. Deal to Shareholders After Paramount Rejection
Netflix co-CEOs Ted Sarandos and Greg Peters praised the Warner Bros. Discovery’s board rejection of Paramount’s all-cash, $108.4 billion offer to acquire the entire company, arguing on Wednesday that the […]
Warner Bros. Discovery Rejects Paramount’s $108 Billion Hostile Bid, Citing “Significant Risks”
The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries […]
Warner Bros. Discovery Board Rejects Paramount’s ‘Inadequate’ and ‘Illusory’ $108.4 Billion Cash Bid
Warner Bros. Discovery’s board has unanimously rejected Paramount’s $30-per-share, all-cash bid for the entire company, determining that the “inadequate” and “illusory” offer is not in the best interest of the […]
Netflix’s Ted Sarandos Vows to Continue Releasing Warner Bros. Movies “in Theaters With the Traditional Windows”
Netflix co-CEO Ted Sarandos renewed and deepened his commitment to theatrical windows if the global streaming giant’s $82.7 billion deal for Warner Bros. Discovery‘s Warner Bros. studios and streaming businesses […]
Jane Fonda Spoofs Nicole Kidman’s Beloved AMC Theatres Ad With Warner Bros. Twist: “Somehow Mergers Feel Good in a Place Like This”
Jane Fonda put her own spin on Nicole Kidman’s iconic AMC Theatres ad — with a corporate twist. This week, the two-time Oscar winner shared a parody video of the […]
Warner Bros. Shareholders Are Betting Paramount Will Make a Higher Bid
Some Warner Bros. Discovery shareholders are betting that Paramount could up the ante on its quest to take over the company after recently going directly to investors with an all-cash […]
Stephen Colbert Calls on Paramount to ‘Uncancel One of Their Best Shows’ Amid $108 Billion Hostile Takeover Bid for WBD | Video
Stephen Colbert weighed in on Paramount Skydance’s $108 billion hostile takeover bid for Warner Bros. Discovery by calling on his “beloved parent company” to instead use the money to “uncancel” […]
Five Big Netflix-Warner Bros. Questions Waiting to Be Answered
Netflix and Warner Bros. Discovery‘s blockbuster deal announcement early Friday sent a shock wave through the industry. The streamer outbid Paramount and Comcast for Warner Bros. studios and HBO/HBO Max […]
Netflix Assures Subscribers ‘Nothing Is Changing Today’ After Warner Bros. Discovery Deal: ‘We Have More Steps to Complete’
Netflix assured subscribers that “nothing is changing today” following their winning bid for Warner Bros. Discovery, telling customers there were “more steps to complete.” The streamer sent off a letter […]