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Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (NASDAQ: WBD)
Prnewswire· 2025-12-11 23:06
Core Viewpoint - An investigation is underway regarding potential breaches of fiduciary duties by the Board of Directors of Warner Bros. Discovery, Inc. in relation to the proposed sale of the Company or its parts [1][3]. Group 1: Investigation Details - The investigation is being conducted by Berger Montague PC, focusing on whether the Board failed to maximize shareholder value during the sales process [3]. - The inquiry will assess if the Board adequately evaluated acquisition proposals for the Company or its divisions [3]. Group 2: Company Overview - Warner Bros. Discovery, Inc. is a multinational mass-media and entertainment conglomerate, involved in film and TV studios, streaming services, and cable/linear networks [2]. - The Company is headquartered in New York City [2]. Group 3: Law Firm Background - Berger Montague is a prominent law firm specializing in complex civil litigation, class actions, and mass torts, with over $2.4 billion in post-trial judgments in 2025 [4]. - The firm has recovered over $50 billion for its clients over its 55-year history [4].
全球大公司要闻 | 迪士尼宣布10亿美元投资OpenAI
Wind万得· 2025-12-11 22:35
Group 1: Key Developments in the Industry - Disney announced a $1 billion investment in OpenAI to accelerate the application of artificial intelligence in entertainment content creation and user experience optimization [2] - Microsoft CEO Satya Nadella announced the launch of a new AI model, enhancing intelligent agents, and established partnerships with high-profile companies to accelerate the commercialization of autonomous AI applications [2] - Google is expected to face fines from the EU due to violations related to Google Play, with potential penalties to be announced in Q1 2026, while also opening an AI lab in the UK [2] Group 2: Financial Performance and Corporate Actions - Adobe reported record revenue of $6.19 billion for Q4, with adjusted earnings per share of $5.50, exceeding market expectations, driven by strong performance in digital media and creative software [2] - ZTE is in communication with the U.S. Department of Justice regarding ongoing matters, with timely disclosures to follow based on progress [4] - Nandu Power's controlling shareholder is planning a change in control, leading to a suspension of trading from December 12 [4] Group 3: Market Trends and Challenges - TSMC reported a 6.5% month-over-month revenue decline in November, raising concerns about further declines in December, while announcing a minimum dividend of 24 yuan for the next year [5] - Tesla's U.S. sales fell to a near four-year low in November despite launching lower-priced versions of Model Y and Model 3 [7] - Oracle's Q2 adjusted revenue was $16.06 billion, slightly below analyst expectations, with cloud revenue at $8 billion, also missing forecasts [8] Group 4: Strategic Partnerships and Innovations - Samsung Electronics is adjusting its Galaxy S26 series strategy, postponing production of standard and Plus models to early 2026, while launching a new fast-charging accessory [10] - Toyota announced the use of Wolfspeed's SiC MOSFET devices in its electric vehicle charging systems to enhance efficiency [10] - LG Electronics plans to showcase a localized AI cockpit platform at CES 2026, focusing on smart vehicle interaction technology [10]
Paramount Skydance may raise bid for Warner Bros. Discovery by 10% after going hostile: sources
New York Post· 2025-12-11 21:46
Core Viewpoint - Paramount Skydance is considering increasing its takeover offer for Warner Bros. Discovery (WBD) from $30 to as much as $33 per share to counter Netflix's merger agreement [1][2]. Offer Details - The potential raised offer would total nearly $86 billion, which would cover the $2.8 billion breakup fee WBD would incur if it terminates the Netflix merger [2]. - The Ellisons are prepared to add at least $2 more per share as a "sweetener" to attract WBD shareholders [3]. Strategic Timing - Paramount Skydance plans to wait until December 22 for WBD's board to respond to its initial $30-a-share offer, which it argues is superior to Netflix's $30.75 cash-and-stock bid [4]. Competitive Landscape - Netflix is reportedly considering a counter-bid for WBD in response to any moves made by Paramount Skydance [5]. - David Zaslav, CEO of WBD, indicated that an offer of $35 per share could lead to a favorable response from WBD's board [8]. Legal and Regulatory Considerations - The Ellisons argue that their cash offer presents less antitrust risk compared to Netflix's proposal, which involves significant streaming overlap [11]. - Political connections are also at play, with Larry Ellison's ties to President Trump potentially influencing regulatory approval [10][12]. Spin-off Implications - Netflix's plan to spin off WBD's cable assets could result in a new company managed by current WBD executives, which may not provide shareholders with the expected value [15].
X @Bloomberg
Bloomberg· 2025-12-11 20:31
Skepticism surrounding Netflix’s proposed acquisition of Warner Bros. Discovery triggered a $40 billion wipeout in the company’s market value in just six sessions. To retail traders, that’s a screaming buy signal https://t.co/3KgiHLJhhP ...
Netflix Looking to Become Debtflix Again
Yahoo Finance· 2025-12-11 18:57
Netflix is looking to add tens of billions of dollars of debt to finance its planned $72 billion acquisition of most of Warner Bros. Discovery. Bloomberg's Emily Graffeo talked about the story on "Bloomberg Markets" with Dani Burger. ...
Stock Of The Day: Where Will The Warner Bros. Bidding War End?
Benzinga· 2025-12-11 18:37
Trading in Warner Bros. Discovery, Inc. (NASDAQ:WBD) is quiet on Thursday. But that hasn't been the case lately. The shares have soared amid a bidding war for the company. • Warner Bros. Discovery stock is trading at elevated levels. What should traders watch with WBD?But if no more bidders come along, there is a good chance the shares will run into resistance soon. This is why Warner Bros. is the Stock of the Day.Netflix, Inc. (NASDAQ:NFLX) entered a deal last Friday to buy Warner Bros. for $27.75 per shar ...
Paramount’s Mideast backing likely runs deeper than $24 billion
Fortune· 2025-12-11 16:45
A trio of Middle Eastern funds have agreed to stump up $24 billion to help bankroll Paramount Skydance Corp.’s bid for Warner Bros. Discovery Inc. The region’s exposure to the deal is likely larger, once its deep ties to private equity firms behind the bid are factored in.Saudi Arabia’s Public Investment Fund and the Qatar Investment Authority joined the relatively-unknown Abu Dhabi firm L’imad Holding Co. to bankroll the hostile offer earlier this week. The funds are overseen by wealthy Gulf states that ha ...
特朗普介入WBD竞购纷争 称CNN应该被出售
Xin Lang Cai Jing· 2025-12-11 15:03
美国总统特朗普称,华纳兄弟探索公司(Warner Bros. Discovery,WBD)旗下的品牌CNN"应该被出 售",正值华纳兄弟探索公司权衡派拉蒙全球(PARA)每股30美元的敌意收购要约与其已与奈飞 (NFLX)达成的协议。 美国总统特朗普称,华纳兄弟探索公司(Warner Bros. Discovery,WBD)旗下的品牌CNN"应该被出 售",正值华纳兄弟探索公司权衡派拉蒙全球(PARA)每股30美元的敌意收购要约与其已与奈飞 (NFLX)达成的协议。 责任编辑:张俊 SF065 责任编辑:张俊 SF065 ...
万亿主权资本隐身入局:沙特等国借道派拉蒙(PSKY.US)竞购华纳兄弟(WBD.US)
智通财经网· 2025-12-11 14:10
智通财经APP获悉,三家中东基金已承诺出资240亿美元,为派拉蒙天舞(PSKY.US)收购华纳兄弟探索 (WBD.US)提供首批"弹药";但这只是账面数字。由于它们与幕后私募财团长期"交叉输血",资金仍可能 通过基金夹层继续流入,实际总敞口料高于240亿美元。 例如阿波罗全球管理公司(APO.US)就是参与为派拉蒙收购要约提供高达540亿美元融资的机构之一。阿 布扎比的穆巴达拉投资公司(Mubadala Investment Co.)长期以来一直与阿波罗保持着合作关系,同时沙 特主权财富基金(PIF)的风险投资部门也曾在阿波罗管理的基金中进行过投资。 据了解,截至2025年12月11日,华纳兄弟探索的收购案正演变成一场激烈的竞购战:奈飞(NFLX.US)已 于12月5日与华纳兄弟董事会达成初步协议,计划以约827亿美元收购华纳兄弟的电影电视工作室和流媒 体业务HBO Max,并剥离有线电视频道。 沙特主权财富基金还联合卡塔尔投资局以及阿布扎比的卢纳特(Lunate),共同向Affinity Partners注资数 十亿美元。值得一提的是,贾里德·库什纳旗下的公司与穆巴达拉存在关联,此前二者曾共同对一家总 部位 ...
The Streaming Wars Are Consolidating, and Netflix May Be the Biggest Winner
The Motley Fool· 2025-12-11 14:00
Whether or not Netflix ends up being allowed to buy Warner Bros. Discovery, the drama that's unfolded so far speaks volumes.If there was any lingering doubt that the fragmented streaming market is consolidating, it was just wiped away. Late last week, industry-leading Netflix (NFLX 4.28%) made the winning bid for Warner Bros. Discovery's (WBD +4.49%) streaming platforms and studio, beating out Paramount Skydance (PSKY +0.55%) and Comcast (CMCSA +2.95%) for the prized HBO and HBO Max brands.Paramount isn't s ...