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The Latest Breaking News from Paramount Global

Movie bosses ‘land $24 billion from Middle Eastern sovereign wealth funds for Warner Bros. Discovery takeover’

In a major development for the deal, Movie bosses are said to have landed commitments of nearly $24 billion from Middle Eastern sovereign wealth funds to support Paramount Skydance’s proposed takeover of Warner Bros. Discovery.

BANG Premier

The television will not be revolutionised: HBO Max’s UK launch shows how streaming now resembles the TV it replaced

The Warner Bros. Discovery streaming service HBO Max has launched in the UK. If you’re trying to work out the best way to access its content, you are faced with a choice that surely shouldn’t be this complicated.

The Conversation

CBS News Layoffs: Network Weighs Cutting 15% of Staff in Paramount-Skydance Restructuring

CBS News faces major layoffs amid Paramount Global and Skydance Media merger, driving a digital transformation. Discover how this shift impacts the newsroom and the future of broadcast journalism.

International Business Times UK

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Netflix Makes All-Cash Move for Warner Bros. Studios and HBO Max Amid Takeover Battle

Netflix has shifted to an all-cash offer for Warner Bros. Studios and HBO Max as a takeover battle intensifies amid rival bids.

International Business Times UK

Trump lawsuits seek to muzzle media, posing serious threat to free press

In December 2025, President Donald Trump filed a US$10 billion lawsuit against the BBC in a federal court in Florida. It was only the latest in a long series of high-dollar legal challenges Trump has brought against prominent media organizations, including ABC, CBS, The New York Times and The Wall…

The Conversation

The Warner Bros Sale Has Been Wild To Watch Unfold, And We're Not Even Talking About How It Could Affect Theme Parks

The theme park industry could be changed forever by the Warner Bros. sale.

Cinemablend

Why does Netflix want to buy Warner Bros? To copy, not kill, traditional TV

The recent news that Netflix has agreed to buy part of Warner Bros Discovery (WBD) for US$83 billion (£61.8 billion), followed by Paramount Global’s hostile counterbid to acquire WBD in its entirety for US$108.4 billion (£81 billion), has triggered shockwaves through Hollywood and the wider entertainment industry.

The Conversation

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Behind Paramount's Hostile $108 Billion Bid For Warner Bros Discovery Was— Unanswered Texts?

David Ellison-led Paramount Skydance (NASDAQ:PSKY) launched a hostile bid worth $108.4 billion for Warner Bros Discovery (NASDAQ:WBD) on Monday, in a last-ditch effort to outbid streaming giant Netflix Inc. (NASDAQ:NFLX) and create a content powerhouse. A regulatory filing on Monday revealed that the HBO owner’s lack of response fueled Paramount’s…

Benzinga

Paramount rips Warner’s sale ‘process’ as it reveals 2-year-long pursuit and escalating bids before going hostile

Warner “did not provide a single markup of a single transaction document” or engage in any back-and-forth negotiation for months, its jilted suitor said.

Fortune

Paramount, backed by Saudi Arabia's Public Investment Fund, launches hostile takeover bid for Warner Bros. Discovery, one day after US president Donald Trump says the Netflix deal 'could be a problem'

The Paramount bid is also supported by Trump's son-in-law Jared Kushner, so that's probably not great for Netflix's ambitions.

PC Gamer

“They Paid Me a Lotta Money” Donald Trump Boasts About $16 Million CBS Settlement on 60 Minutes

Donald Trump didn’t hold back when talking about his $16 million settlement from CBS — and he did it on the very programme he sued.

The Fashion Central

Trump Returns to 60 Minutes: Why He Walked Away in 2024 and What Changed

President Trump returns to 60 Minutes after a five-year feud and £12m CBS settlement, reclaiming the spotlight with bold remarks on policy and power.

International Business Times UK

MTV Channels Shutting Down: TV Giant Says Goodbye After 40 Years — What Comes Next?

MTV will shut down five of its UK music channels by 31 December 2025 as the brand pivots toward streaming and reality content, ending a 44-year broadcast legacy.

International Business Times UK

The end of an era: MTV music channels to be switched off across Europe by end of 2025

A sign of changing times... And a business decision that represents a cultural moment, signalling the death of communal music discovery and prompting a reflection on how we consume music in the digital age.

Euronews

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The Guardian - US

Who is Bari Weiss, the new editor-in-chief of CBS News?

Ex-NYT writer who launched ‘anti-woke commentary’ website will report directly to Paramount Skydance head David Ellison

The Conversation

A Bari Weiss-led CBS News would likely look different, but how the public feels about it might not change

For weeks, there has been a great deal of reporting about an impending shake-up in the world of television news. Paramount Global CEO David Ellison is in talks to purchase The Free Press, an online media startup launched in 2021 as a conservative alternative to traditional news organizations.

The Independent UK

A timeline of Trump's fights with media, including Jimmy Kimmel

President Donald Trump’s contentious relationship with U.S. news organizations over his time in office has led to a host of legal battles and disputes

The Guardian - US

Yanking Jimmy Kimmel’s show is a new low for free speech in America

Kimmel’s sudden defenestration may be a political success for Trump but it’s a dire sign for free speech in America

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International Business Times

Eying Bottom Line, US Media Giants Bow To Trump

The suspension by Disney-owned ABC of talk show host Jimmy Kimmel is the latest surrender by a US media giant to pressure from the Trump administration, putting the bottom line over free speech.

Benzinga

Donald Trump Slaps New York Times With $15 Billion Lawsuit, Accuses Of Bias, Illegal Donations And 'Unheard Of' Harris Endorsement

President Donald Trump announced a $15 billion defamation and libel lawsuit against The New York Times Co. (NYSE:NYT) on Tuesday.

Benzinga

Paramount Skydance Turnaround Could Take Years To Materialize, Says Analyst

Paramount Skydance (NASDAQ:PSKY) faces a long and costly turnaround as it integrates Skydance and Paramount Global. Analysts warn that execution will take years.

Cinemablend

After Dexter: Original Sin Was Cancelled Despite Season 2 Renewal, Fans Are Already Trying To Save It: ‘We Need More’

They're not giving up yet.

BANG Premier

Top Gun 3 gets positive update following Skydance’s Paramount purchase

After Skydance Media acquired Paramount Global, the studio's boss David Ellison has reassured fans the third Top Gun movie is a big priority for the company.

The Guardian - UK

Paramount pays $7.7bn for exclusive US rights deal with UFC

Deal ends sport’s pay-per-view model and comes days after Hollywood studio’s merger with Skydance Media

Fortune

RedBird Capital’s $2 billion power play: Meet Gerry Cardinale, the private equity kingmaker behind the Paramount–Skydance deal

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far the largest to date.

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