LOS ANGELES and NEW YORK—In a notable escalation in the takeover battle for Warner Bros. Discovery, Paramount Skydance has sent a letter to WBD shareholders announcing that it is suing the WBD and ...

The Netflix-WBD deal is going through the US regulatory process, and it's the DOJ that has the power to block the merger.

The Standard General hedge fund co-founder Soo Kim has held talks over buying into Warner Bros. Discovery (WBD)’s TV networks, according to the Financial Times. Citing people briefed on the matter, ...

Dec 8 (Reuters) - Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros Discovery, in a last-ditch effort to outbid Netflix and create a media powerhouse that would ...

Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount. And chances are it’ll be a long, bumpy regulatory road ahead for either buyer. Warner’s board on ...

The recent news that Netflix has agreed to buy part of Warner Bros Discovery (WBD) for US$83 billion (£61.8 billion), followed by Paramount Global's hostile counterbid to acquire WBD in its entirety ...

NEW YORK—Warner Bros. Discovery’s Board of Directors has unanimously voted to recommend that shareholders reject the tender offer launched by Paramount Skydance. In making the decision, the Board ...

Paramount Skydance dramatically escalated its hostile bid for Warner Bros. Discovery on Monday, launching a proxy fight for control of the board and filing a lawsuit in Delaware to force engagement ...

Warner Bros. Discovery is in the middle of a Hollywood tug-of-war between Netflix and Paramount. And chances are it'll be a long, bumpy regulatory road ahead for either buyer. Warner's board on ...