Netflix flashes the cash to end Hollywood’s bidding war Media 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 Media 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 Media 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 [...]
World Triathlon targets T100 Olympic event as soon as Brisbane 2032 December 22, 2025 World Triathlon president Antonio Arimany on its alliance with the PTO, Olympic expansion ambitions and returning to London in 2026. After a few years of flux characterised by challenger leagues and competitions sprouting up at a dizzying pace, it feels like consolidation is in the air in the sports industry. Golf awaits the consummation of [...]
AJ vs Paul: Netflix hosting amid WBD takeover a signal for sport December 18, 2025 Netflix hosting Anthony Joshua’s showdown against Jake Paul this Friday, at the same time it moves closer to a possible takeover of Warner Bros Discovery, signals something bigger than a one-night spectacle. It shows live sport is changing fast. Netflix has experimented before. Last November it reported that 60m households watched Paul’s fight with Mike [...]
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 [...]
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 [...]
Trump won’t be able to resist shaping the future of American media December 9, 2025 Less than twenty years ago, Netflix was still sending DVDs through the post. That particular innovation helped to see off Blockbuster, which crashed from a valuation of around $5bn in the early 2000s to bankruptcy in 2011. Today, Netflix has a valuation north of $400bn and is swooping on a giant of the golden age [...]
Surj leads £30m investment in T100 to bolster Saudi Olympic ambitions July 28, 2025 Saudi Arabia’s Surj Sports Investment has backed T100 to be the “growth engine” for triathlon after leading a £30m funding round in its parent organisation, the PTO. Surj, an arm of the Public Investment Fund (PIF) with stakes in Dazn, the Professional Fighters League and Kings League, was the biggest backer of the PTO in [...]
BBC facing fight to retain £60m Wimbledon broadcast rights July 2, 2025 The BBC faces the prospect of having to significantly increase its rights fee to the All England Club to extend their exclusive coverage of Wimbledon beyond 2027 amid increased competition for tennis amongst broadcasters. While Wimbledon’s status as a Category A “crown jewel” event means live coverage has to remain available on free-to-air channels, the [...]