Warner Bros. Discovery

Stories 1 - 20 |  Next >>

Ellisons Could Soon Control a Massive Media Empire

Deal would unite Oracle, TikTok stake, CBS, CNN, and HBO

(Newser) - One of tech's elder statesmen and his once-minor studio-owner son are suddenly on the verge of becoming Hollywood's next power family. If Oracle founder Larry Ellison and his son David complete a deal to bolt Warner Bros. Discovery onto Paramount Skydance, which was created in an August merger,...

Jake Tapper Reported Live on CNN's Fate

He said they had breaking news that 'affects everybody I'm looking at right now in the studio'

(Newser) - Jake Tapper found himself delivering news about his own employer on Thursday, live and in real time. Returning from a break on CNN's The Lead, he told viewers—and the studio staff—that Paramount Skydance is now poised to take over Warner Bros. Discovery, CNN's parent company, after...

Netflix Won't Call Rival Offer, Leaving Warner to Paramount

Co-CEOs say company was never a 'must have'

(Newser) - Netflix dropped its effort to buy Warner Bros. Discovery on Thursday, clearing the way for a rival offer led by Paramount Skydance boss David Ellison. The streaming giant said Thursday it will not increase its bid to match a higher proposal from Paramount after the Warner Bros. Discovery board earlier...

Warner Bros. Seems Warmer to Paramount's New Offer
Warner Bros. Declares
Paramount's Offer Better
updated
Feb 26, 2026 4:45 PM CST

Warner Bros. Declares Paramount's Offer Better

Netflix's proposal remains on the table, Warner board says

(Newser) - The board of Warner Bros. Discovery has decided that Paramount's enhanced offer is superior to the streaming and studio agreement it struck with Netflix, a switch that could kick off renewed bidding for the storied Hollywood giant. Netflix now has four business days to match or beat Paramount's...

The Warner-Netflix-Paramount Triangle Isn't Over Yet

Warner reopens talks with Paramount, weighs higher all-cash bid over $72B offer from Netflix

(Newser) - Warner Bros. Discovery is putting Netflix on pause, at least briefly, to hear out a last-ditch pitch from the streamer's rival. On Tuesday, Warner said it has reopened talks with Paramount after the bidder signaled it would lift its all-cash hostile offer to at least $31 a share, up...

Add Barry Diller to the Scramble to Buy CNN

Media mogul expressed interest in the network last year before deal for Warner Bros. was announced

(Newser) - Billionaire Barry Diller quietly floated an idea last year that would have reshaped cable news: buying CNN from Warner Bros. Discovery. According to people familiar with the matter, Diller approached Warner executives in 2025 to signal interest in acquiring the news network, per the Wall Street Journal . The outreach, not...

Netflix Shows Its 'Commitment to the Transaction' to Warner

Streamer pivots to all-cash bid, with rival Paramount's proposal hovering in the background

(Newser) - Warner Bros. Discovery is doubling down on Netflix, backing an all-cash takeover for its studios and HBO Max business as a rival bid from Paramount hangs in the background. In a new regulatory filing on Tuesday, Warner said its board approved an amended offer from Netflix of $27.75 per...

Paramount Won't Take No for an Answer

Company sues Warner Bros. Discovery after its buyout offer was rebuffed

(Newser) - Paramount isn't good at rejection, apparently. The company informed Warner Bros. Discovery on Monday that it refuses to accept Warner's decision to choose Netflix over Paramount as a buyer. As a result, it announced two actions in a letter, reports Bloomberg :
  • Lawsuit: Paramount filed a lawsuit demanding that
...

Warner Bros. Holds Firm: Paramount Offer Is No Good

Warner board cites higher risks, weaker value in letter to shareholders

(Newser) - Warner Bros. Discovery just told its investors for a second time to thumb their noses at Paramount's bid for the company. In a letter to shareholders released Wednesday, Warner's board urged investors to reject Paramount's revised hostile takeover bid, saying it still falls short of the company'...

Father-Son Ellison Duo Are Aiming to Reshape the Media

Oracle founder Larry Ellison backs son David Ellison's bold moves

(Newser) - Paramount Skydance CEO David Ellison, 42, is leading a $108 billion hostile bid for Warner Bros. Discovery, but it's his 81-year-old father—Oracle co-founder Larry Ellison, one of the world's richest men—who's anchoring the effort. On Monday, David Ellison told Warner Bros. that his father personally...

Oracle's Ellison Guarantees Paramount Bid for Warner Bros.

Move may ease a main concern of Warner Bros. Discovery's board

(Newser) - Larry Ellison just put a chunk of his own fortune on the line to keep Paramount in the hunt for Warner Bros. Discovery. Paramount said Monday that Ellison, the billionaire co-founder of Oracle and father of Paramount CEO David Ellison, is personally guaranteeing about $40 billion in equity tied to...

Warner Bros. Tells Investors Netflix's Offer Is Better

It 'will offer consumers more choice and value,' company tells investors

(Newser) - Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers. "We strongly believe that Netflix and Warner Bros. joining forces will offer consumers more choice and value, allow the creative community to reach even...

Kushner Pulls Out of Bidding War for Warner Bros.

Private equity firm owned by Trump's son-in-law no longer backing Paramount's bid

(Newser) - A private equity firm owned by President Trump's son-in-law, Jared Kushner, is no longer backing Paramount's hostile acquisition bid for Warner Bros. Discovery, the firm confirmed Tuesday. Kushner's decision to pull his firm's financial backing takes away a possible Paramount advantage to win over Trump, the...

Trump: CNN Must Be Sold
Trump Has One
Demand on Warner Sale
Dec 11, 2025 6:01 AM CST

Trump Has One Demand on Warner Sale

'It's imperative that CNN be sold'

(Newser) - President Trump is inserting himself into the high-stakes battle over Warner Bros. Discovery's future, saying CNN should be sold or overhauled no matter who wins the bidding war. "I think it's imperative that CNN be sold," Trump said at the White House on Wednesday, adding "...

Op-Ed: Warner Bros. Should Reject Both Big Offers

Essayist argues that neither Netflix nor Paramount should be allowed to buy studio

(Newser) - Now that Paramount and Netflix are competing to buy Warner Bros. Discovery with rival bids, which is the better choice? Columbia law professor Tim Wu opts for "none of the above" in a New York Times essay. "Either merger would be bad for the country, and both should...

Kushner Is Part of Paramount's Hostile Bid for Warner

Kushner's firm joins Ellison in $108B Warner Bros. Discovery bid

(Newser) - Jared Kushner's private equity firm, Affinity Partners, has surfaced as a key player in Paramount's hostile takeover attempt of Warner Bros. Discovery (WBD), according to a new regulatory filing cited by Axios . The disclosure comes after Paramount, under the leadership of David Ellison—whose father, Larry Ellison, is...

Paramount Strikes Back With Hostile Bid for Warner Bros.

Company goes straight to shareholders after Netflix deal is announced

(Newser) - Not so fast, Netflix. Paramount on Monday launched a hostile takeover bid for Warner Bros. Discovery, reports the Wall Street Journal . The move comes only days after Warner struck a $72 billion deal to sell key assets to Netflix. By taking its bid directly to shareholders, Paramount is bypassing Warner'...

Trump: I'll Be 'Involved' in Netflix-Warner Deal

President sounds a warning that Netflix might end up being too big

(Newser) - President Trump promised to be "involved" in the federal vetting of Netflix's potentially giant deal to buy Warner Bros. Speaking to reporters at the Kennedy Center on Sunday, Trump didn't tip his hand but sounded a warning that any such deal could end up making Netflix too...

As for Seeing Films in Theaters, Netflix Deal Could Be the End

Streaming is the priority of studios' new owner

(Newser) - There are long lists of potential winners and losers in the Netflix deal, which can prove short-sighted; the company's CEOs had to take time last week to assure investors that its acquisition of the Warner Bros. Discovery film and TV studios won't turn out to be a "...

Warner Bros. Discovery Is Up for Grabs

Streaming giants, tech firms circle as company explores options

(Newser) - Warner Bros. Discovery is weighing a potential sale or spinoff of its assets, signaling a major shake-up for the media giant behind HBO, CNN, and the Warner Bros. movie studio. In a statement released Tuesday, the company confirmed it's exploring various deals, including a full sale or breaking off...

Stories 1 - 20 |  Next >>
Most Read on Newser