Netflix and Paramount are locked in an epic tug-of-war for HBO and Warner Bros. — the historic film factory behind Batman, Harry Potter, Scooby-Doo, “Casablanca” and “The Matrix.” Warner Bros.

Paramount and its controlling shareholders, the billionaire Ellison family, said the company was building out its bid for Warner Bros. Discovery on Monday. The amended bid seeks to address a number of ...

Paramount Skydance’s financing for its $108 billion bid for Warner Bros. Discovery took a blow on Tuesday as President Donald Trump’s son-in-law, Jared Kushner, dropped out of the hostile-takeover ...

Warner Bros. Discovery recommended that shareholders reject Paramount's tender offer. WBD said that the non-binding offer could be terminated at any time. Paramount gave a full-throated response. WBD ...

Warner Bros. Discovery's (WBD) Board of Directors has unanimously recommended shareholders reject a hostile $108 billion takeover bid from Paramount Skydance and advised them to back a previously ...

LOS ANGELES — Warner Bros. Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. In a letter to ...

The board of Warner Bros. Discovery on Wednesday said it was recommending that shareholders reject the hostile takeover bid from Paramount Skydance and its controlling shareholders, the Ellison family ...

NEW YORK — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their ...

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...

Warner Bros. Discovery CEO David Zaslav said Wednesday that the regulatory review of Warner’s deal with Netflix has begun, even as Paramount mounts a hostile takeover bid. Two senators are now coming ...

Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After ...

Netflix seemed to have a clear path to acquiring Warner Bros., but Paramount Skydance's hostile takeover bid has thrown that into question. The top question right now: Is Netflix still buying Warner ...