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 [...]
Exclusive: PSG in talks with Netflix show Emily in Paris over appearance Sport Business Paris Saint-Germain are in discussions with the makers of hit Netflix show Emily in Paris about a potential collaboration in the future, City AM can reveal. The talks could see the Champions League holders and Club World Cup finalists feature in a future episode of the series, which follows the adventures of an American marketing [...]
Disney names new CEO as UK streaming shows early lift Media 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 [...]
Tyson Fury’s comeback fight will be broadcast on Netflix January 28, 2026 Netflix will broadcast its first ever live event from the United Kingdom when Tyson Fury exits retirement to take on Arslanbek Makhmudov. The card has been scheduled for 11 April with the location as yet unknown, but the bout has been agreed in conjunction with boxing’s latest tycoon Turki Alalshikh and his magazine, The Ring. [...]
Live sport credited for Netflix subscriber surge as sign-ups hit 325m January 21, 2026 Netflix has credited its investment in live sport for a surge in sign-ups as quarterly revenue rose to beyond $12bn. Results for Q4 saw income rise by nearly 30 per cent $2.4bn while subscriber numbers jumped to 325m. Netflix was the exclusive global broadcaster of the bout between influencer Jake Paul and former world heavyweight [...]
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 [...]