Paramount (NASDAQ:PSKY) reaffirmed its $30-per-share cash offer for Warner Bros. Discovery on Thursday, resisting pressure to sweeten the deal even after WBD’s board dismissed the proposal as a risky "leveraged buyout."
China will conduct a formal assessment and investigation into Meta Platforms (NASDAQ:META) acquisition of artificial intelligence startup Manus, the Chinese Ministry of Commerce (MOFCOM) announced Thursday.
Warner Bros. Discovery (NASDAQ:WBD) announced that its Board of Directors has unanimously recommended that shareholders reject the amended tender offer from Paramount Skydance (PSKY) and continue to support the pending merger with Netflix (NASDAQ:NFLX).
Netflix (NASDAQ:NFLX) issued a statement welcoming the Warner Bros. Discovery board's unanimous reaffirmation of their merger agreement and its strong recommendation that stockholders reject the revised offer from Paramount and Skydance.
Warner Bros. Discovery (NASDAQ:WBD) confirmed on Monday the receipt of an amended unsolicited tender offer from Paramount Skydance (NASDAQ:PSKY), marking the latest escalation in a high-stakes bidding war for the storied Hollywood studio.
Netflix (NASDAQ:NFLX) has secured up to $25 billion in bank financing to fund its proposed $72 billion acquisition of Warner Bros. Discovery’s movie studio and HBO Max streaming business.
TikTok signed a binding deal on December 18 to spin off its U.S. business into an American-led joint venture, formally ending years of political and security brinkmanship.
Trump Media & Technology Group (NASDAQ:DJT) and TAE Technologies have announced a landmark merger valued at over $6 billion, positioning the combined entity as one of the first publicly traded companies in the burgeoning fusion energy sector.
Warner Bros. Discovery (NASDAQ:WBD) has announced that its Board of Directors has unanimously rejected the tender offer launched by Paramount Skydance (NASDAQ:PSKY) on December 8, 2025.
Sinclair (NASDAQ:SBGI) issued a statement today in response to The E.W. Scripps Company (NASDAQ:SSP) rejecting its proposal for a potential merger.
The Walt Disney Company (NYSE:DIS) announced a groundbreaking $1 billion investment in OpenAI, marking the beginning of a strategic partnership aimed at enhancing generative AI technology in creative industries.
As part of the agreement, Disney will license its vast portfolio of characters, including Mickey Mouse, Cinderella, and Luke Skywalker, to OpenAI’s Sora video generation tool.
Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with the discussions. The two companies could announce a deal as soon as in the coming days, assuming talks don't fall apart, the people said. Bloomberg's Manuel Baigorri breaks down the situation.
