make it a fab report. That means I get to talk for a little while. Let's see.Um, I wanted to update people because we've been following this obviously uh potential uh deal for quite some time and there's been a lot of other reporting around it. Let me at least share what I what I'm aware of at at the present moment. And the main part of which is these two companies are talking.They've been talking uh for weeks uh about a deal in which Paramount would buy Warner Brothers Discovery for um uh for a largely cas ...

Paramount Skydance chief David Ellison is in talks with major private equity firms to join his possible bid to buy Warner Bros. Discovery – a megadeal that could cost upwards of $60 billion, The Post has learned.Potential investors weighing the WBD deal include Apollo Global Management – the buyout giant that in spring 2024 had made a $26 billion, debt-fueled offer for Paramount before ultimately losing that race to Skydance, people with direct knowledge of the situation said.Led by billionaire CEO Marc Row ...

The S&P 500 index had a great month, surging 3.5%. But these stocks soared much more.The S&P 500 index of 500 of America's biggest companies gained a solid 3.5% in September -- its fifth consecutive monthly gain. If 3.5% doesn't seem like a lot, remember that it's just a month's gain. (For comparison, it gained 1.9% in August.) If it were to rise 3.5% every month, that would compound to an incredible 51% annual gain.The top-performing stocks of the month were Warner Brothers Discovery (WBD -0.62%), AppLovin ...

Paramount Skydance has yet to formally approach Warner Bros. Discovery with a hotly anticipated buyout offer – worried that it could be used by the latter’s wily CEO David Zaslav to shop the company to any number of potential suitors, On The Money has learned.It’s been nearly two weeks since news first broke that Paramount Skydance CEO David Ellison, backed by the deep pockets of his father, Oracle co-founder Larry Ellison, intended to make an all-cash offer for Warner Bros. Discovery.The buyout bid – which ...

Group 1 - The article discusses the absence of Jewish presidents in the United States despite their significant influence in finance and media [1][3][5] - It highlights that Jewish individuals control major American corporations and media outlets, yet none have ascended to the presidency [3][5][21] - The article suggests that the low population of Jews in the U.S., estimated between 5.7 million to 7.6 million, limits their voting power in a democratic system [9][11] Group 2 - Historical discrimination against Jews in America has contributed to their delayed rise in political power, as they faced significant challenges upon immigration [11][13][15] - The article notes that Jews have become a powerful group in America, influencing elections and holding significant positions, but prefer to remain behind the scenes rather than seek the presidency [17][19] - Cultural and religious factors, such as the presidential oath involving the Bible, may also deter Jewish individuals from pursuing the presidency [19][21]

Core Viewpoint - Paramount Skydance is preparing a significant bid for Warner Bros. Discovery, potentially valuing the company at up to $24 per share, with a proposed deal structure of 70% to 80% cash and the remainder in stock [1][3][4]. Group 1: Bid Details - The bid is expected to be in the range of $22 to $24 per share, significantly above Warner Bros. Discovery's current trading price of around $19 [1][4]. - The backing for the bid includes major cash support from Oracle co-founder Larry Ellison, who is the father of Paramount Skydance CEO David Ellison [1][9]. - Warner Bros. Discovery's stock saw a nearly 30% surge following the news of the planned bid, indicating strong market interest [5][11]. Group 2: Strategic Implications - Warner Bros. Discovery CEO David Zaslav is reportedly seeking a bidding war to increase the company's valuation, aiming for a price target of $40 per share [4][5]. - The company has been burdened with debt since its 2022 merger and is struggling to compete with major streaming services like Netflix [12]. - The potential merger would create a powerful entity in the media landscape, combining assets such as HBO, CNN, and Warner Bros. Pictures with Paramount's existing portfolio [10][11]. Group 3: Market Context - The bid reflects the increasing pressure on legacy media firms as traditional cable subscriptions decline and streaming growth slows [11]. - Warner Bros. Discovery is considering splitting its operations into two publicly traded entities if its valuation expectations are not met [5][10]. - The proposed merger would require approval from regulatory bodies, including the Federal Communications Commission and the Department of Justice, with anticipated antitrust scrutiny [14].

With a market cap of $44.5 billion, Warner Bros. Discovery, Inc. (WBD) is a global media and entertainment company, delivering a diverse portfolio of content across television, film, streaming, and gaming. The company operates through three core segments: Studios; Networks; and Direct-to-Consumer (DTC), with leading brands such as HBO, Max, CNN, Discovery Channel, Warner Bros. Pictures, DC, HGTV, and Cartoon Network. Companies valued $10 billion or more are generally considered “large-cap” stocks, and War ...

Core Thesis - Warner Bros. Discovery, Inc. (WBD) has reported its first positive net result in Q2 2025 after a challenging restructuring period post-2022 merger, with a significant corporate split planned by mid-2026 to unlock value [2][3][4] Financial Performance - WBD's share price was $16.17 as of September 11th, with trailing and forward P/E ratios of 52.16 and 39.06 respectively [1] - Q2 results showed strong performance in the Streaming & Studios segment, with 3.4 million net subscriber additions, reaching nearly 126 million subscribers, generating $3.8 billion in revenue and $863 million in EBITDA [3] - Linear Networks experienced a 9% revenue decline to $4.8 billion, with EBITDA falling 24% due to increasing cord-cutting trends [4] - Despite a GAAP profit of $1.6 billion, free cash flow decreased to $702 million, impacted by taxes, interest, and separation costs [4] Corporate Strategy - The upcoming split will create two distinct entities: Warner Bros. "Streaming & Studios" and Discovery Global, aimed at isolating high-growth assets from declining linear TV operations [2][3] - The split is structured to be tax-free, with Discovery Global retaining a 20% stake in Warner Bros. for debt reduction purposes [3] - Strategic partnerships, such as HBO Max's deal in Southeast Asia, highlight WBD's focus on global expansion [3] Market Positioning - The separation is expected to provide clearer valuation comparisons, positioning Warner Bros. alongside competitors like Netflix and Disney, while Discovery Global will be compared to Fox, AMC, and Comcast [4] - The sum-of-the-parts valuation approach may lead to significant rerating of WBD as the market begins to value its high-growth and legacy businesses separately [4] Historical Context - The stock price of WBD has appreciated approximately 45% since previous bullish coverage in February 2025, which emphasized the company's debt burden and potential divestiture of linear assets to enhance streaming growth [5]

Core Viewpoint - Warner Bros. Discovery (WBD) is experiencing a surge in interest from potential buyers, particularly due to a reported $50 billion cash offer from Paramount Skydance, leading to a significant increase in WBD's stock price [1][4]. Group 1: Company Developments - WBD shares rose 17% to $18.87 following reports of a potential bid from Paramount Skydance [1]. - CEO David Zaslav is actively seeking to engage other media and tech companies, including Amazon, Apple, and Netflix, to explore potential acquisition opportunities [3]. - Zaslav aims to increase WBD's stock price to $40 per share and is considering using the rising share price to acquire more content if no suitable offers materialize [4]. Group 2: Market Context - The interest in WBD and its assets has intensified, attributed to the relaxed antitrust enforcement policies during the Trump administration [4]. - Media executive Jay Penske has shown interest in acquiring CNN, which is part of WBD's portfolio [5].

Company Overview - A newly formed media company is potentially acquiring one of its biggest competitors, indicating significant consolidation in the industry [1][3] - Paramount's market cap is less than $20 billion, while Warner Brothers has a market cap of around $40 billion, making this a unique acquisition scenario where a smaller company is the acquirer [7] Financial Implications - The merger could involve approximately $70 billion in new cash, stock payments, and additional debt, effectively doubling the size of the acquiring company [3] - Shares of Paramount have increased by about 13.6%, suggesting positive market sentiment regarding the potential deal [3] Industry Dynamics - The merger would combine extensive cable TV businesses and streaming services, potentially strengthening their market position against competitors [5] - The current state of the Hollywood industry is challenging, with traditional cable and broadcast channels losing viewers to streaming platforms, and the movie business not yet recovering to pre-pandemic box office levels [12][13] Strategic Considerations - David Ellison, the new head of Paramount, is interested in cable properties and has made moves in the sports and entertainment sectors, indicating a focus on leveraging Warner Brothers' content library [8][9] - Regulatory concerns are anticipated, as the merger represents a classic consolidation of competitors, which may attract scrutiny from the DOJ [10][11]