TV-centric Discovery Global to spin off in Q3 2026, preceding Netflix's expected acquisition of Warner Bros. studios and streaming O’Hara, a communications and PR veteran most recently at Gap Inc., ...

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.

Warner Bros. Discovery on Wednesday urged shareholders to reject Paramount Skydance's $108.4 billion hostile takeover bid, arguing that it created "significant risks and costs" for the company and ...

Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...

The board of Warner Bros. Discovery on Wednesday said it was recommending that shareholders reject the hostile takeover bid from Paramount Skydance and its controlling shareholders, the Ellison family ...

A private equity firm owned by President Donald Trump's son-in-law, Jared Kushner, pulled its financial backing on Tuesday from Paramount’s $108 billion hostile takeover bid to acquire Warner Bros.

Warner Bros. Discovery recommended that shareholders reject Paramount's tender offer. WBD said that the non-binding offer could be terminated at any time. Paramount gave a full-throated response. WBD ...

Affinity Partners, Mr. Kushner’s private equity firm, played a small financial role in Paramount’s $108 billion offer, but it had attracted political attention to the deal. By Lauren Hirsch Jared ...

Chai Discovery, a biotech startup with backing from OpenAI, announced a $130 million Series B round at a $1.3 billion valuation on Monday. The round was led by General Catalyst and Oak HC/FT, the ...

Rival efforts from Netflix and Paramount could upend the media industry. Paramount launched a hostile bid for Warner Bros. Discovery this week, just days after Netflix struck a deal to acquire the ...

CNN is on the brink of having yet another new owner and, as of this moment, it's anyone's guess as to who it'll be. In October, CNN's parent company, Warner Bros. Discovery announced it was putting ...

Paramount Skydance has announced a hostile takeover bid to acquire all of Warner Bros. Discovery, days after Netflix was crowned the highest bidder for the legendary studio. Calling the Netflix deal ...