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The Latest Breaking News from Paramount Skydance

Paramount sues Warner Bros, launches proxy war to scupper Netflix deal

Paramount Skydance claims WBD’s Netflix transaction undervalues the company and says shareholders should decide, as it prepares a proxy contest and court action in Delaware.

Euronews

Paramount to nominate directors to Warner Bros board to vote against Netflix deal

Paramount also files lawsuit seeking disclosure of financial information related to $82.7bn agreement

The Guardian - UK

Paramount Skydance sues Warner Bros over Netflix deal

Warner Bros. announced last week that it would reject Paramount Skydance’s takeover bid in favor of Netflix’s $72 billion offer

The Independent UK

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Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making

Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros

The Independent UK

Premier League rights may end up at Netflix despite reluctant football romance

As Netflix and Paramount Skydance clash over WBD, football rights once considered peripheral could become central to the future of UK streaming

The Guardian - UK

Warner Bros. Rejects Paramount's Offer—How It Affects WBD, NFLX, PSKY

After a tremendous 2025, Warner Bros. Discovery could be heading for another bidding war. See what the latest buyout news means for WBD, NFLX, and PSKY.

MarketBeat

Warner Bros. Discovery Turns Down Revised Paramount Skydance Takeover Offer

Warner Bros. Discovery rejects Paramount Skydance's revised takeover bid, backing its merger deal with Netflix instead.

International Business Times

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Warner Bros. Discovery Chooses Netflix Talks Over Paramount–Skydance Bid

Warner Bros Discovery’s board has unanimously rejected a renewed takeover attempt from Paramount Skydance, arguing that the revised $108.4 billion hostile bid

The Fashion Central

Warner Bros Discovery tells investors to reject ‘inadequate’ $108bn Paramount bid

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry Ellison

The Guardian - UK

David Zaslav Spurns $108 Billion Paramount Bid: Teases Figure That Could Tempt Warner Bros Boss

David Zaslav rejects a massive £81 billion Paramount bid, favouring a Netflix partnership while teasing a higher share price that could finally end Hollywood's biggest bidding war.

International Business Times UK

The Netflix-Paramount saga caps a 2025 turning point, S&P says: Cable TV is in the 'decline stage,' with a long, slow bleedout ahead

"These decisions signify a shift in the media industry as companies abandon cable networks in favor of streaming services."

Fortune

Should You Sell Netflix Stock Before It Wins the Warner Bros Takeover?

Netflix stock faces near-term pressure from its blockbuster bid for Warner Bros. assets, even as Wall Street remains largely bullish on the company’s long-term growth prospects.

Barchart

Outrage after CBS pulls 60 Minutes segment on El Salvador’s Cecot prison

Controversially appointed editor-in-chief Bari Weiss says: ‘I held that story and I held it because it wasn’t ready’

The Guardian - US

Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

Fortune

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Cinemablend

Hear Me Out: I Think Hallmark Should Make A Holiday Movie For Star Trek Fans

I'm not joking, this needs to happen.

Axios

"60 Minutes" yanks segment, prompting concerns around editorial independence

President Trump recently complained the show was treating him even worse since Skydance bought CBS's parent company.

The Guardian - US

The tug-of-war over CNN shows how dysfunctional US media has become

The network’s fate has become a battle of corporate ownership, not a question of what benefits Americans

The Independent UK

Asian shares follow Wall Street lower as AI worries drag tech stocks lower

Asian shares have fallen after declines for AI stocks dragged the U.S. market to its worst day in nearly a month

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Barchart

Stocks Retreat as AI Infrastructure Companies and Chip Makers Fall

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.12%. December E-mini S&P futures (ESZ25 ) are down -0.66%, and December...

Barchart

Stocks Mixed with Energy Producers Higher and Homebuilders Lower

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.33%. December E-mini S&P futures (ESZ25 ) are down -0.06%, and December...

Fortune

Warner Bros. shareholders were ‘consistently misled’ by Paramount, board says in rejection letter: There’s no Ellison family backstop, and never was

Jilted Paramount CEO David Ellison painted a picture of no engagement from WBD. That’s simply not true, according to the Warner Bros. board.

Euronews

Warner Bros will urge shareholders to reject hostile bid as Trump attacks Paramount

Warner Bros Discovery is expected to urge shareholders to vote against Paramount's hostile takeover bid. This comes after Jared Kushner, Trump's son-in-law, also withdrew his private equity firm from the financing of the offer.

The Independent UK

Warner Bros asks investors to reject takeover bid from Paramount Skydance

Warner Bros

The Guardian - US

Jared Kushner’s firm exits takeover battle for Warner Bros Discovery

Affinity Partners, key backer of hostile bid by Paramount, reportedly steps back following scrutiny of Kushner’s role

The Independent UK

Trump’s ‘60 Minutes’ obsession causes him to once again lash out at MAGA-friendly owners of CBS

‘If they are friends, I’d hate to see my enemies,’ Trump fumed on Tuesday.

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