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The Latest Breaking News from Paramount

'Cash Is Still King': Paramount CEO David Ellison Throws $108 Billion All-Cash Bid To WBD Shareholders

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ:PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ:WBD) on Monday.

Benzinga

Jared Kushner suddenly emerges in the Warner brawl between Paramount and Netflix, backed by Saudi billions and fresh off brokering another megadeal

Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.

Fortune

Paramount Skydance Rallies On Hostile Bid, Netflix Tumbles: What's Moving Markets Monday?

U.S. stocks kicked off the week in a mixed pattern, with sentiment turning cautious as traders consider a Fed rate cut all but fully baked into current valuations. CME FedWatch tool currently assigns a 90% likelihood to a quarter-point reduction at the Dec. 10 meeting.

Benzinga

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Even After Netflix Landed Dibs, Paramount's Bosses Are Making A New Move To Try And Buy Warner Bros.

Paramount hasn't given up on taking over Warner Bros. just yet.

Cinemablend

Trump son-in-law Jared Kushner is investor in Paramount’s hostile takeover bid of Warner Bros

Jared Kushner’s Affinity Capital, along with the sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, have ‘agreed to forgo any governance rights – including board representation – associated with their non-voting equity investments,’ according to Monday’s regulatory filing.

The Independent UK

Skydance’s hostile bid for Warner Bros. is a Hail Mary

Here we go again.

The Mary Sue

FTSE 100 dips as Unilever falls amid Magnum split

The ice cream maker rose 1.8% in Amsterdam.

Evening Standard

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Paramount Skydance, Wave Life Sciences, Ocular Therapeutix, Carvana And Other Big Stocks Moving Higher On Monday

U.S. stocks were lower, with the Dow Jones falling more than 200 points on Monday.

Benzinga

Netflix Stock Tumbles: What's Going On?

Shares of Netflix, Inc. (NASDAQ:NFLX) are falling Monday after Paramount challenged the streaming service’s winning bid for parts of Warner Bros. Discovery, Inc.

Benzinga

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

Netflix buying Warner Bros is bad news for cinema and those of us who love it

The proposed acquisition would see yet more of Hollywood controlled by a tech company and one that doesn’t seem to care about the theatrical experience

The Guardian - US

Donald Trump admits that $83 billion Netflix-Warner Bros. merger ‘could be a problem’ but his preferred solution is just as bad

Donald Trump claims he's concerned about the market threshold but he may have an ulterior motive.

We Got This Covered

Gavin Newsom trolls Trump by receiving his own ‘peace prize’ after Fifa award

California governor claims to have won first-ever ‘Kohl’s Peace Prize’ in latest spoof of President Donald Trump, who was mocked over his accolade from Fifa President Gianni Infantino

The Independent UK

Netflix's 'throne is secured,' BofA said just before Paramount mounted one last streaming war, hoping to keep Superman off the super app

Warner Bros.' "crown-jewel IP portfolio" is suddenly everything that everyone in Hollywood wants—except Comcast.

Fortune

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The Independent UK

MTG on 60 Minutes sends Trump into tailspin rant against ‘No Better’ CBS-Paramount as he demands apology

The president’s screed against Paramount’s ownership — which he had previously praised incessantly — came at the same time the media giant launched a hostile takeover bid of Warner Bros. Discovery that was joined by Trump’s son-in-law Jared Kushner.

Cinemablend

Connie Chung Gets Real About ‘Greedy’ Changes To CBS News (And Doesn’t Hold Back)

Connie Chung doesn't hold back on her feelings about her former employer.

International Business Times UK

Paramount CEO Claims 'Inherent Bias': £108.4B Bid Challenges Netflix's Warner Bros Deal

Paramount Skydance launches a hostile $108.4bn bid for Warner Bros Discovery, challenging Netflix's $72bn deal amid political scrutiny and antitrust fears.

The Guardian - US

Paramount launches $108.4bn hostile bid for Warner Bros Discovery

Paramount’s bid for the entire company counters $82.7bn Netflix deal for WBD’s studio and streaming operation

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The Independent UK

Hostile takeover launched over Netflix-Warner deal with new $108B Paramount bid after Sarandos woos Trump at White House

The Netflix chief’s pilgrimage to DC came as Paramount’s ownership believed it had the inside track to acquire Warner Bros. due to the Ellison family’s close ties to the president.

Euronews

Paramount goes hostile in bid for Warner Bros, challenging Netflix

The announcement comes just days after Netflix said it had agreed a $72 billion takeover deal for Warner Bros Discovery.

The Independent UK

Paramount sparks takeover battle for Warner Bros with £81.3 billion hostile bid

The move comes after Netflix agreed a mega deal to buy Warner Bros Discovery.

Benzinga

Paramount Is Not Going Down Without A Fight, Outbids Netflix With $108 Billion Cash Offer For Warner Bros.

Paramount Skydance Corp (NASDAQ:PSKY) on Monday launched an all-cash tender offer to acquire Warner Bros. Discovery, Inc (NASDAQ:WBD) for $30 per share, valuing the company at $108.4 billion and including its Global Networks segment.

Fortune

Next shoe in Netflix-WBD saga drops as Paramount launches hostile bid that includes Trump son-in-law Jared Kushner

Over the weekend, President Trump voiced concern over the combined market share of Netflix and Warner Bros.

The Independent UK

Paramount launches $108bn rival bid for Warner Bros

Media giant going straight to Warner Bros shareholders after Netflix announces $72bn buyout plan

The Independent UK

Paramount goes hostile in bid for Warner Bros., challenging a $72 billion bid by Netflix

Paramount is making a hostile bid for Warner Bros

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