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.
GRAVITY (NASDAQ:GRVY) said it has officially launched Ragnarok: Rebirth (仙境传说：重生), a 3D massively multiplayer online role-playing game for mobile devices, in China, marking a key expansion for the long-running Ragnarok franchise.
The game debuted on Dec. 25 after receiving an ISBN code in December 2024, a regulatory requirement for commercial game releases in China.
Brightstar Lottery (NYSE:BRSL) announced a significant new contract with Totalizator Sportowy, Poland’s national lottery, to supply its comprehensive portfolio of instant ticket content and innovations across the country.
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.
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.
If you think the Formula 1 season finale in Abu Dhabi is just about who gets to spray the rose water, you aren’t looking at the balance sheet.
As the sun sets over the Yas Marina Circuit this weekend, we aren’t just witnessing a sporting event; we are watching the closing bell of one of the most efficient capital-generating machines in modern sports.
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.
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