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Warner Bros. Discovery on Wednesday disclosed a fourth bidder submitted an offer for the company, adding to bids from Netflix, Paramount and Comcast, though little is known about the unnamed firm.
(Bloomberg/Megawati Wijaya and Kat Hidalgo) — Netflix Inc. refinanced part of a $59 billion bridge loan with cheaper and longer-term debt, bolstering the financial package underpinning its bid for ...
Media and entertainment is seeing a major shakeup in a burst of dealmaking from M&A to spinoffs, AI investment and leveraged buyouts, setting the stage for a pivotal 2026. Streaming consolidation, ...
Paramount and its controlling shareholders, the billionaire Ellison family, said the company was building out its bid for Warner Bros. Discovery Monday. The amended bid seeks to address a number of ...
Another crazy year for Hollywood stocks is in the books as streaming reached a major inflection point after turning the corner on profitability in 2025. Traditionally the kingpin of growth, Netflix ...
Change is afoot at Warner Bros Discovery, on many levels. As the David Zaslav-led conglomerate aims to sell off studio and streaming assets to Netflix (unless David Ellison and Larry Ellison have ...
Dec 22 (Reuters) - Netflix has refinanced a ‌part of its $59 billion bridge ‌loan to support its potential acquisition of Warner Bros Discovery's film, TV studios and streaming assets, according to a ...
On Friday, December 5, Netflix made waves by announcing a $72 billion deal to acquire the streaming and studio assets of Warner Bros. Discovery (WBD). If finalized, the merger would bring the ...