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 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.
Ben & Jerry's co-founder Ben Cohen accuses new parent company Magnum of destroying the brand's social mission. Read the full story on the corporate clash shaking the iconic ice cream maker.
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.
Warner Bros Discovery has told shareholders to reject a hostile $108.4bn takeover bid from Paramount, backing its agreed deal with Netflix instead. Read the latest on the media mega-merger battle.
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RecommendedWarner Bros Discovery's board is poised to reject a $108bn hostile takeover by Paramount, paving the way for Netflix's $82.7bn acquisition of key film and TV assets. Read the full analysis.
Flynn and Cy Busson joined financier father Arki to launch 1888 Studios, a 58-acre film hub. The project, with a 10-year Paramount lease, aims to become a national entertainment powerhouse. Read more.
Jared Kushner's private equity firm, Affinity Partners, withdraws from backing a hostile $108.4bn bid for Warner Bros Discovery amid political scrutiny. Discover the details behind the collapsed deal.
Culture Secretary Lisa Nandy must decide on an investigation into the Daily Mail owner's £500m Telegraph takeover, following a formal request from Abu Dhabi-backed RedBird IMI. Read the latest on the media deal.
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?
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RecommendedThe AA and RAC, Britain's roadside giants, are each pursuing £5bn valuations via potential sales or London stock market flotations. Explore the financial drivers behind this major market move.
Tyson Fury's life after boxing is a financial triumph. The Gypsy King has doubled his net worth since retiring in 2025, focusing on his booming business ventures. Discover his new path here.
A conservative influencer with 10 million followers alleges the Obamas aim to control media via Netflix's $82.7bn Warner Bros deal. Read the full story and the antitrust concerns raised.
Piers Morgan's Uncensored YouTube channel secures major investment to become a global media business. Read the full story on the deal that halted Sky News.
Netflix's $82.7bn acquisition of Warner Bros assets follows a string of corporate flops. We analyse the deal's promise and the legacy of David Zaslav's troubled tenure. Read the full story.
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RecommendedStreaming giant Netflix is set to purchase film studio Warner Bros for £62 billion, a move that dramatically reshapes the media landscape. Discover what this means for your favourite shows and films.
Exclusive details reveal financier Amanda Staveley received an £11 million payout following her departure from Newcastle United, capping a remarkable career journey. Discover the full story.
Basketball legend Michael Jordan gives pivotal testimony in a major antitrust lawsuit against NASCAR, alleging the body blocked his team's charter. Read the full details.
US unions call for regulators to block Netflix's $72bn acquisition of Warner Bros Discovery, warning it will eliminate jobs, cut wages, and reduce content diversity for viewers.
US unions urge regulators to block Netflix's $72bn acquisition of Warner Bros Discovery, warning of job losses and higher prices for consumers. Full analysis inside.
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RecommendedNetflix's proposed $72bn takeover of Warner Bros assets could lead to higher subscription prices and a major legal fight, experts warn. Discover the potential impact on your streaming bills.
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.
Netflix plans a $72 billion acquisition of Warner Bros. Discovery's studio & streaming assets. Discover how this mega-deal could reshape your streaming options and library.
Netflix's historic acquisition of Warner Bros. could reshape film releases and cinema-going. We analyse the potential impact on theatres, filmmakers, and streaming. Discover the full story.
Netflix's acquisition of Warner Bros signals a seismic shift for Hollywood. We analyse the deal's impact on blockbusters, cinemas, and the future of streaming. Read the full story.
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RecommendedNetflix has agreed a staggering $72bn (£54bn) deal to buy Warner Bros Discovery's film and TV studios. The move, set to reshape Hollywood, faces regulatory scrutiny. Read the full story.
Netflix has agreed to purchase Warner Bros Discovery in a colossal $82.7bn deal, reshaping the streaming landscape. Discover what this means for shareholders and the industry.
Streaming giant Netflix announces a $72 billion deal to purchase Warner Bros., reshaping the entertainment landscape. CNN faces a spin-off. Read the full story.
Netflix is now the frontrunner to acquire Warner Bros Discovery's studio and streaming assets in a deal that could reshape the entertainment landscape. Read the full story.
Dario Vitale leaves Versace just two days after Prada's $1.375bn acquisition. His departure marks a swift change following the luxury brand's takeover. Read the full story.
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RecommendedParamount alleges the Warner Bros. Discovery sale process is 'tilted' as Netflix emerges as the frontrunner with a $70bn bid. Read the latest on the high-stakes media acquisition battle.