President Donald Trump expressed unhappiness with the owners of Paramount Skydance Corp. over CBS News coverage of his presidency, in the latest signal of how he may be leaning in the battle to purchase Warner Bros. Discovery Inc.Paramount has been seeking to one-up a friendly offer from Netflix Inc. to purchase the studio and touted its ties to the president.Paramount chief David Ellison, whose father, Larry Ellison, is a longtime donor and supporter, has pointed to his relationship with Trump to suggest a ...

Core Insights - Netflix has won the bidding war for Warner Brothers Discovery, marking a significant development in the streaming industry [1][4][5] - The deal is valued at $82.7 billion, with Netflix securing $59 billion in financing from a consortium of banks [5][9] - Following the deal, Warner Brothers Discovery plans to split into two publicly traded companies, with Netflix acquiring the Warner half, expected to occur in Q3 of 2026 [6][7] Company Reactions - Netflix's stock rose over 1% following the announcement, while Paramount Skydance fell nearly 6% [1][2] - Warner Brothers Discovery's stock increased by 3.3%, and Comcast's stock rose by 2.4% [2] - Netflix aims to maintain current operations of Warner Brothers, including theatrical releases, although specifics have not been provided [7] Industry Implications - The acquisition could reshape Hollywood by giving Netflix control over valuable intellectual properties, including franchises like Harry Potter and Game of Thrones [8] - There are concerns regarding regulatory scrutiny in the U.S. and Europe, with skepticism expressed by officials from the Trump administration and antitrust enforcers [11][12] - The deal has raised alarms within the entertainment industry, with trade associations warning it poses a threat to the global exhibition business [12][13] Financial Considerations - Netflix has offered a breakup fee of $5.8 billion, indicating confidence in the deal's completion despite potential regulatory hurdles [9][10] - Analysts are cautious about Netflix's valuation and potential downside risks, suggesting a mixed market reaction [16][18]

The Reserve Bank on Wednesday (September 17, 2025) said it has formed an independent panel with an objective to strengthen the stakeholder engagement in the regulatory process and leverage industry expertise on a continued basis. The independent Advisory Group on Regulation (AGR) has been formed, comprising external experts, to channel industry feedback into the periodic review of regulations through the Regulatory Review Cell (RRC). State Bank of India Managing Director Rana Ashutosh Kumar Singh will chai ...