Paramount

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Paramount-Warner Bros Merger Gets the OK From Shareholders

But massive 'golden parachute' for WBD CEO David Zaslav is rejected

(Newser) - Shareholders just signed off on a deal that could redraw Hollywood's map—while delivering a sharp slap to its top executive. Investors in Warner Bros. Discovery on Tuesday overwhelmingly backed Paramount's proposed $110 billion takeover, a move that would unite the Warner Bros. and Paramount studios, merge the...

Ellison Goes to Theater Owners to Reassure Them

Paramount CEO promises 30 films per year

(Newser) - During an unannounced appearance at CinemaCon in Las Vegas on Thursday, David Ellison promised theater owners a robust, cinema-first strategy from a combined Paramount and Warner Bros.—and put a number on it. Ellison, whose Skydance-run group now controls Paramount and is pursuing Warner Bros., told exhibitors that once...

Hollywood Stars Boo Paramount's Warner Takeover

More than 1K creators sign letter warning the merger will cut jobs, films, and audience choice

(Newser) - Hollywood's latest drama isn't on a screen—it's aimed at a $111 billion merger. More than 1,000 actors, writers, and directors have signed a letter urging California's attorney general to scrutinize Paramount's planned takeover of Warner Bros. Discovery, warning the tie-up would shrink an already strained industry. Signatories include...

CBS News Shutting Down Famed Radio Network

Move by Bari Weiss is part of a fresh wave of layoffs and restructuring

(Newser) - CBS News is walking away from the medium that made its name: Its radio news service will cease operations on May 22, reports the Los Angeles Times . The shutdown—described by the newspaper as "stunning"—means the end of CBS News Radio's feeds to roughly 700 affiliates,...

Paramount's Deal Isn't Guaranteed, California Says

Industry voices, including an actor, warn of the effects of such acquisitions

(Newser) - California may turn out to be the toughest studio boss on Paramount's planned takeover of Warner Bros. Discovery . State Attorney General Rob Bonta said California has already opened an investigation into the $110 billion deal and pledged a "vigorous" review, Reuters reports, putting Sacramento on a potential collision...

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'...

MTV Music's Last Song: 'Video Killed the Radio Star'

Network's music-only channels are now a thing of the past

(Newser) - Viewers tuning in to some of MTV's old-school music channels on New Year's Eve 2025 saw more than a countdown—they saw the format quietly sign off. MTV pulled the plug on its remaining music-only channel on Dec. 31, ending decades of round-the-clock video programming in multiple countries....

New CBS Anchor Promises Independence From Ellison

Tony Dokoupil takes over CBS Evening News on Monday

(Newser) - Days before assuming the anchor's chair, Tony Dokoupil made a direct appeal to potential viewers of CBS Evening News, assuring them he intends to operate independently of political, corporate, and ownership influence—including that of the network's new parent company run by David Ellison. In a video message...

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...

CBS Chief Pulls 60 Minutes Segment on Deportations

CBS reporter slams Bari Weiss' decision as 'political'

(Newser) - CBS News' new boss has yanked a 60 Minutes investigation off the air at the last minute, and the show's own correspondent is calling it a political move. Editor-in-chief Bari Weiss pulled a segment examining alleged mistreatment of Venezuelan migrants held at a high-security prison in El Salvador just...

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 "...

Amid Scrutiny, Tencent Ditches Paramount's Warner Bros. Bid

Regulatory concerns out of the US prompt Chinese tech firm to withdraw $1B investment

(Newser) - Tencent has withdrawn from Paramount Skydance's hostile bid to acquire Warner Bros Discovery, citing concerns over increased US regulatory scrutiny of foreign investment, according to a filing with the US Securities and Exchange Commission. The Chinese tech conglomerate had initially committed $1 billion to Paramount's Dec. 1 offer,...

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