In a dramatic escalation of the battle for one of Hollywood's most storied studios, Paramount Skydance on Monday unveiled a $108.4 billion all-cash hostile bid for Warner Bros Discovery (WBD), just da... ...

Paramount Skydance on Monday launched a hostile bid to acquire Warner Bros. Discovery after it accepted an offer from Netflix – even as President Trump warned that the Netflix deal “could be a problem” with his antitrust regulators.Paramount is making its case directly to shareholders with an all-cash, $30-per-share offer to take over the entire company – the same bid that WBD rejected last week, The Post previously reported.The offer is backed with equity from the Ellison family and RedBird Capital along w ...

Paramount launched a hostile bid in all cash for Warner Bros. Discovery, valued at $30 per share, the company said on Monday. In a separate regulatory filing, Paramount disclosed that Affinity Partners, the private equity firm led by Jared Kushner, is part of the bid. It added that sovereign wealth funds from Saudi Arabia, Abu Dhabi, and Qatar are also participating. Affinity and the other outside financing partners have agreed to forgo any governance rights, which Paramount said means the Committee on F ...

Core Insights - Comcast's president Mike Cavanagh indicated that the company's bid for Warner Bros. was insufficient in cash compared to competitors like Netflix and Paramount, leading to a low likelihood of a successful deal [1] - Netflix won the auction for Warner Bros. studio and streaming assets, while Paramount Skydance initiated a hostile takeover bid for the entire company [1] - Comcast chose not to stress its balance sheet with a large cash offer, instead proposing a significant equity stake in a combined entertainment entity that would include NBCUniversal and Warner Bros. assets [2] Strategic Considerations - Cavanagh expressed that the potential acquisition could have transformed Comcast's streaming ambitions into a global focus, but respected Warner Bros. board's decision [3] - The company is currently undergoing a strategic restructuring, planning to spin off its cable networks and some digital assets into a new public entity named Versant [3] - Cavanagh emphasized the importance of maintaining focus amidst industry consolidation and distractions, suggesting that the next few years will provide opportunities for Comcast to execute its strategies effectively [3]

RT BBC Breaking News (@BBCBreaking)Paramount launches cash bid to buy Warner Bros days after Netflix announced dealhttps://t.co/ktdJt7AZlk ...

The streaming industry witnessed a major plot twist last week, with Netflix (NFLX) emerging victorious in a fierce bidding war to acquire the studio and streaming assets of Warner Bros. Discovery for an estimated $72 billion in equity value, or $82.7 billion in total enterprise value. This transaction, which includes the HBO Max streaming service, and legendary franchises from Harry Potter to Game of Thrones, can be expected to significantly reshape the entertainment landscape.The deal is expected to streng ...

Paramount took its bidding for Warner Bros. public with an offer of $30 a share in cash, just days after the company agreed to a deal with Netflix https://t.co/fBSQ3AV1zs ...

Paramount today announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery for $30.00 per share in cash. “The Paramount offer for the entirety of WBD provides shareholders $18 billion more incash than the Netflix consideration. WBD’s Board of Directors recommendation of theNetflix transaction over Paramount’s offer is based on an illusory prospective valuation ofGlobal Networks that is unsupported by the business fund,” the company said. MORE ...

He's got one of the greatest jobs in the history of movies. And one of the things is that he's got a lot of interesting things happening, aside from what you're talking about. But it is a big market share.You know, there's no question about that. It could be a problem. Joining us from all that is our deals.Reporter Manuel Baigorri. Thank you, Manuel, for being with us. So how seriously should investors and dealmakers maybe take Donald Trump's antitrust warning.He did say this has got to go into a process, b ...

Core Viewpoint - The article discusses the potential implications of a significant deal involving Netflix and Warner Bros, highlighting concerns about regulatory approval and market share impacts. Group 1: Deal Overview - The deal is described as massive and transformative, with uncertainty surrounding the regulatory approval process and its potential challenges [2][3]. - There are concerns about how the deal could affect market share and whether asset disposals might be necessary [4][5]. Group 2: Regulatory Considerations - The article emphasizes the importance of antitrust scrutiny, with lawyers analyzing the deal's structure to make it more regulatory-friendly [5][6]. - A significant breakup fee of $5.8 billion is mentioned, which may provide some reassurance to Warner Bros in case the deal does not materialize [6]. Group 3: Industry Context - The convergence of media and technology is noted, with historical examples of telecom, media, and tech companies merging and separating over time [9][10]. - The current deal sets a precedent for future transactions in the telecom, media, and technology (TMT) space, although past mergers have had mixed success [11][12].