Warner Bros. Discovery shares hit a 52-week high as the company explores strategic alternatives to maximize shareholder value, sparking speculation about potential acquisitions by major players like Paramount Skydance and Netflix.
Warner Bros. Discovery is reviewing strategic options following acquisition interest from multiple parties, including a rejected $20-per-share offer from Paramount Skydance. The stock surged over 8% as the company explores ways to maximize shareholder value.
Paramount Skydance has acquired The Free Press, appointing Bari Weiss as editor-in-chief at CBS News. This move could reshape news coverage, especially regarding contentious topics like the Israel-Gaza war.
In a surprising turn of events, ABC has indefinitely suspended Jimmy Kimmel's late-night talk show amid pressure from the Trump administration. Critics warn this could signal a dangerous precedent for media freedom.
Warner Bros. Discovery shares have skyrocketed for the second consecutive day as reports emerge that Paramount Skydance is gearing up to bid for its media rival. The potential deal, backed by the Ellison family, could reshape the media landscape.
Shares of Warner Bros. Discovery soared 29% following news of a potential takeover bid by Paramount Skydance, contributing to a record day for the S&P 500. Meanwhile, Oracle faced a setback despite a recent surge.
Warner Bros shares surge as reports indicate a major cash bid backed by Larry Ellison. This unexpected merger could reshape Hollywood's landscape, but will it pass antitrust scrutiny?
In a surprising move, the Duffer Brothers have signed a four-year exclusive deal with Paramount for new films and TV projects, leaving Netflix behind. What projects are on the horizon for the creators of Stranger Things?
