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 [...]
Spotify proves raising fees won’t stop listeners February 10, 2026 Spotify’s latest results show that despite prices rising and costs climbing, users are not leaving. The Swedish group added a record number of users in the final quarter of 2025, pushing monthly active users to 751 million and paid subscribers to 290 million. Revenue rose 13 per cent year on year on a constant-currency basis [...]
Disney names new CEO as UK streaming shows early lift February 3, 2026 Walt Disney has ended its long-running succession drama by appointing parks chief Josh D’Amaro as its next chief executive, as the group begins to see tentative signs of recovery in its UK streaming business. D’Amaro, chairman of Disney Experiences, is to take over from Bob Iger at Disney’s annual meeting on 18 March. Iger, who [...]
Disney streaming gains momentum as Hollywood pressure builds February 2, 2026 Disney beat Wall Street expectations in its latest quarter, buoyed by an unexpected improvement in its streaming business, despite rising costs hitting the entertainment industry. The media giant reported adjusted earnings per share of $1.63 for its first fiscal quarter, ahead of estimates of around $1.56. Revenue rose five per cent year on year to [...]
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 [...]
£13bn streaming boom defies sluggish UK economy January 7, 2026 The UK’s digital entertainment sector emerges as a rare diamond in the rough for a stuttering national economy, with revenues surging more than four times faster than sluggish GDP growth in 2025. Streaming services and retail drove UK revenues from video, music and games to new highs of £13.3bn, according to a recent report by [...]
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 [...]