Category : Acquisitions


WBD rejects Paramount takeover, favours Netflix

Warner Bros Discovery has spurned a $108.4bn hostile bid from Paramount, calling it a 'significant risk' and backing a Netflix deal instead. Discover the seismic shift in the entertainment landscape.

Warner Bros. rejects Paramount's $108bn takeover offer

Warner Bros. Discovery's board has unanimously rejected a $108bn all-cash offer from Paramount, labelling it 'illusory'. The board reaffirmed its commitment to an $82.7bn deal with Netflix. Full details on the high-stakes media battle.

Roomba Maker iRobot Files for Bankruptcy

iRobot, creator of the Roomba, files for Chapter 11 bankruptcy and is acquired by Chinese supplier Picea Robotics. What does this mean for consumers and the future of robot vacuums?

Backlash Over Netflix-Warner Bros Content Deal

A new licensing deal between Netflix and Warner Bros Discovery gives the streamer unprecedented control over major franchises, sparking industry and creator backlash. Discover the implications for film and TV.

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