A grassroots crypto campaign just forced its way into the House of Lords. Now it wants to reshape British banking
Paramount outguns Netflix for Warner Bros Media Paramount Skydance has emerged victorious in the months-long battle for Warner Bros Discovery, after Netflix refused to raise its offer for the Hollywood giant. The streaming group confirmed it would not match Paramount’s latest $31 (£23)-per-share bid, ending an $83bn pursuit that had threatened to reshape the entertainment sector. “We’ve always been disciplined, and at [...]
Warner Bros reopens Paramount talks as bidding war escalates Media Warner Bros Discovery has resumed talks with Paramount Skydance, reigniting the takeover battle with Netflix for one of Hollywood’s most sought-after studios. WBD confirmed it is entering seven days of deal discussions with the David Ellison-backed group, even as it continues to stand by its agreed $82.7bn (£60.94bn) deal with Netflix. The move follows months [...]
Paramount woos Warner Bros investors with regulatory delay payout Media Paramount has upped the ante in its bid for Warner Bros Discovery, adding a so-called ticking fee to its $108bn (£78bn) takeover offer. The move comes as the streaming giant seeks to reassure shareholders amid heightened antitrust scrutiny. Under the revised terms, Paramount Skydance will pay Warner Bros. Discovery investors an additional $0.25 per share [...]
Netflix flashes the cash to end Hollywood’s bidding war January 14, 2026 Netfix is reportedly readying an all-cash offensive to secure its long-awaited $83bn takeover of Warner Bros, in a move set to kill off a persistent hostile bid from rival Paramount Skydance. The Los Gatos streaming giant is set to snub the cash and stock bid in favour of a simpler, hard-currency deal, as it aims [...]
Warner Bros slides ahead of takeover deadline December 30, 2025 Warner Bros Discovery has been trading lower in the days leading up to the 21 January offer deadline, as investors weigh the chances of a successful deal amid competing bids from Netflix and Paramount Skydance. Shares slipped 0.04 per cent to $28.79 (£21.30) on Monday, trading around four per cent below Paramount’s $30 cash offer. [...]
Pressure mounts as Ellison stakes $40bn for Warner Bros December 23, 2025 In the latest twist in Hollywood’s own corporate soap opera, tech billionaire Larry Ellison has personally guaranteed $40.4bn (£30bn) to support Paramount Skydance’s $108.4bn bid for Warner Bros Discovery (WBD), in a bid to outflank Netflix in the fight for the entertainment giant. Warner Bros urged shareholders last week to reject Paramount’s all-cash offer, citing [...]
Warner Bros to snub Paramount’s takeover in favour of Netflix December 17, 2025 Warner Bros Discovery (WBD) is preparing to urge shareholders to reject a $108bn (£81bn) hostile takeover bid from Paramount, after one of its key financial backers pulled out of the deal. Affinity Partners, the investment firm owned by Jared Kushner, said it would no longer support Paramount’s offer, citing a shift in circumstances. “The dynamics [...]
Is Netflix headed for the ‘Adobe effect’? December 11, 2025 Netflix, now the world’s most valuable streaming company, insists it is still in expansion mode. However, its $72bn bid for Warner Bros Discovery last Friday, and the rival, hostile counter-move from Paramount Skydance on Monday, have triggered an uncomfortable question in Hollywood and on Wall Street. Is Netflix wandering into the same trap that humiliated [...]
Netflix $72bn Warner offer: ‘I never saw it coming’ says co-founder Marc Randolph December 10, 2025 Netflix’s former CEO and co-founder, Marc Randolph, said the $72bn bid by his former company last week for Warner Bros.’ film studios and streaming business, “came as a shock”. Speaking at Abu Dhabi Finance Week, Randolph told the audience, “I will confess I never saw that [move] coming. I haven’t worked at Netflix for quite [...]
Paramount takeover of UK sport cools despite Champions League grab December 10, 2025 Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 onwards in an indication that a major expansion into sport from the global streaming platform is unlikely. As it stands the Champions League is likely to be broadcast in this country on Paramount+, while the entertainment network [...]