Warner Bros. Discovery on Friday formally signed an agreement to be acquired by Paramount Skydance, the two companies announced, setting the stage for one of the most consequential media mergers in ...
The deal was inked just a day after Netflix abruptly announced it was pulling out of the bidding war for Warner Bros.
Paramount and WBD say the board of directors of both companies has signed off on the deal. The companies expect it to close ...
The clock is ticking on the Paramount & WBD mega-merger, literally, & things could get sticky & expensive if California's ...
Paramount ‘s $111 billion megadeal for Warner Bros. Discovery is officially a go. The two companies formally unveiled the deal Friday after Netflix formally bowed out of the running a day earlier, ...
Warner Bros Discovery has agreed to a deal with Paramount Skydance, the two companies confirmed Friday in a news release.
The Ellisons might have beat Netflix, but their $111 billion deal still needs to survive lawsuits, regulators, and a mountain of debt.
Five Big Law firms are playing key roles in the merger of Paramount Skydance and Warner Bros. Discovery. The firms include Wachtell, Cravath, Latham, Cleary and Debevoise.
The S&P 500 and Nasdaq finished in the red for February amid growing fears about the impact of artificial intelligence on the ...
Following an increased re-bid from Paramount Skydance to purchase Warner Bros. Discovery, the online streaming service company Netflix has bowed out of the running. The decision, made on Thursday, ...
A $252 million loss, falling ad revenue, and a heated bidding war define the company’s latest quarter, with Paramount emerging as the likely buyer after Netflix steps back. Read more.
Now that Paramount, not Netflix, is buying Warner Bros. Discovery, we have a lot of big questions about what the future holds.