If their latest media acquisition goes through, Larry and David Ellison will touch nearly every corner of news, entertainment ...
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, ...
The deal was inked just a day after Netflix abruptly announced it was pulling out of the bidding war for Warner Bros.
Warner Bros Discovery has agreed to a deal with Paramount Skydance, the two companies confirmed Friday in a news release.
Sen. Elizabeth Warren called the deal an “antitrust disaster,” while California’s attorney general vowed a “vigorous” investigation.
Netflix jumped more than 9 per cent premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10 per cent on winning the race for ...
Paramount is set to buy Warner Bros. Discovery after Netflix dropped out of bidding, setting up another major Hollywood ...
The closure of the deal now seems likely, though not certain. Warner’s shareholders will have to approve the takeover at a ...
Discovery from Netflix. The tussle has been a lengthy one, and one that has played out very much in the public sphere. David Ellison’s Paramount will now proceed with its superior offer of $31 a share ...
Paramount may have won the bidding battle to acquire Warner Bros Discovery, but the regulatory and political scrutiny is not ...
Larry and David Ellison of Paramount Skydance are poised to control a behemoth media empire if their winning bid for Warner ...
Less than a year ago, David Ellison was the head of a small production company. Now, he’s on the verge of becoming the king of Hollywood.