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Judge rejects Paramount's request to expedite case against Warner Bros.
Yahoo Finance· 2026-01-15 17:05
Now the pressure is on Paramount to win over Warner shareholders before next week's tender offer deadline. (Brian van der Brug / Los Angeles Times) Paramount suffered a blow in a Delaware courtroom Thursday as a judge refused to expedite its lawsuit against Warner Bros. Discovery seeking information about internal deliberations and a financial analysis. Reuters reported that Vice Chancellor Morgan T. Zurn of the Delaware Chancery Court said during a hearing that Paramount had failed to show it would suff ...
David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery
Business Insider· 2026-01-15 16:54
David Ellison's Paramount Skydance just suffered another setback, this time in its legal fight with Warner Bros. Discovery. A Delaware judge ruled against Paramount, which had sued WBD in hopes of getting a court order forcing its acquisition target to quickly release information about how the company valued its cable networks.The value of WBD's cable TV networks is a key difference between Paramount's and Netflix's rival bids. Paramount wants to buy them while Netflix does not. Paramount's effort was uns ...
Markets Rally Amid Geopolitical Tensions; Paramount’s Warner Bros. Lawsuit Not Fast-Tracked
Stock Market News· 2026-01-15 15:38
Key TakeawaysA judge has refused to fast-track Paramount's (PSKY) lawsuit against Warner Bros. Discovery (WBD) directors, finding no urgency in claims of misleading investors regarding a buyout bid.U.S. stock markets extended gains, with the NASDAQ Composite (IXIC) rising 1.01%.The U.S. Treasury Department has issued new Iran-related sanctions.Spain's Defence Minister expressed skepticism about a Ukraine ceasefire, stating Russia is unlikely to accept peace mission personnel and President Putin does not app ...
Greenland talks, oil's retreat, the latest on the Netflix-WBD deal and more in Morning Squawk
CNBC· 2026-01-15 13:08
分组1 - S&P 500 futures are higher following a negative session, indicating a potential market rebound [2] - Goldman Sachs reported earnings of $14.01 per share on $13.45 billion in revenue, though it is unclear if these figures align with Wall Street estimates [3] - Morgan Stanley exceeded analysts' forecasts for the quarter, resulting in a share price increase of over 2% [3] 分组2 - Netflix is likely to modify its acquisition offer for Warner Bros. Discovery's assets to an all-cash deal, which could expedite shareholder voting [8][9] - The anticipated vote on the acquisition could be moved up to late February or early March, compared to the previous expectation of spring or early summer [9] 分组3 - The U.S. government will approve sales of Nvidia's H200 AI chip to China, despite a 25% cut for the government, although it remains uncertain if China will accept these chips [10]
Bitmine Immersion Technologies (BMNR) Announces $200 Million Investment in Beast Industries
Prnewswire· 2026-01-15 12:10
Core Insights - Bitmine will hold its Annual Stockholder Meeting at the Wynn Las Vegas on January 15, 2026, and will be livestreamed on Bitmine's X account [1][3] - The company announced a $200 million equity investment into Beast Industries, aiming to acquire 5% of ETH [1][2] - Bitmine is recognized as the leading Ethereum treasury company globally, focusing on innovative digital asset strategies for institutional investors [3] Investment and Strategic Goals - The investment in Beast Industries is seen as a validation of the company's vision and growth trajectory, with plans to incorporate DeFi into their financial services platform [2] - Bitmine's strategy includes leveraging ETH as its primary treasury reserve asset and launching a dedicated staking infrastructure called MAVAN in Q1 of 2026 [3] Company Background - Bitmine is guided by the philosophy of "the alchemy of 5%" and is committed to ETH treasury operations, including staking and decentralized finance mechanisms [3] - Beast Industries, led by YouTube creator MrBeast, is recognized as a leading content creator platform with over 450 million subscribers and significant social impact initiatives [4]
Paramount Taps Dennis Cinelli As CFO; Adds Andrew Campion, Formerly Of Nike & Disney, To Board
Deadline· 2026-01-14 21:38
Paramount has tapped Dennis K. Cinelli to company’s executive leadership team as chief financial officer effective January 15. Also a board member of Paramount since September, he has resigned his director’s seat with the new appointment. Cinelli will succeed Andrew C. Warren, who has served as EVP and Interim Chief Financial Officer since June of 2025 after the exit of Paramount’s previous finance chief Naveen Chopra. Warren will continue as a strategic advisor. Paramount also announced the addition of An ...
The Walt Disney Company Establishes New Enterprise Marketing Organization; Names Asad Ayaz Chief Marketing and Brand Officer
Businesswire· 2026-01-14 21:16
The new enterprise marketing organization will harness the collective strength of marketing teams across the company to support a more connected approach to how Disney reaches audiences, elevates its campaigns, and advances the business goals of each segment and the company as a whole. BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) today announced the creation of a new enterprise marketing and brand organization designed to align the company's industry- leading marketing teams more cl ...
A Look Into Live Nation Entertainment Inc's Price Over Earnings - Live Nation Entertainment (NYSE:LYV)
Benzinga· 2026-01-14 17:00
In the current market session, Live Nation Entertainment Inc. (NYSE:LYV) stock price is at $145.53, after a 0.34% drop. However, over the past month, the company's stock spiked by 6.91%, and in the past year, by 9.19%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. Evaluating Live Nation Entertainment P/E in Comparison to Its PeersThe P/E ratio is used by long-term shareholders to assess the company's marke ...
Insights Into Netflix's Performance Versus Peers In Entertainment Sector - Netflix (NASDAQ:NFLX)
Benzinga· 2026-01-14 15:01
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Netflix (NASDAQ:NFLX) in relation to its major competitors in the Entertainment industry. By closely examining crucial financial metrics, market position, and growth prospects, we aim to offer valuable insights for investors and shed light on company's performance within the i ...
Cineplex Inc. Announces Details of Fourth Quarter and Year End 2025 Earnings Release and Webcast
Financialpost· 2026-01-14 14:03
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