Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers and creators.
Read More Warner Bros asks investors to reject takeover bid by Paramount Skydance
Tag: CNN
Trump: It’s ‘imperative’ CNN is sold as part of Warner Bros. Discovery merger talks, current owners ‘very dishonest group of people’
President Donald Trump recently asserted that it is “imperative” that left-wing news outlet CNN is sold alongside its parent company, as Warner Bros. Discovery prepares for a potential merger with Netflix.
Read More Trump: It’s ‘imperative’ CNN is sold as part of Warner Bros. Discovery merger talks, current owners ‘very dishonest group of people’
Warner Bros’ lack of response fueled Paramount’s hostile bid, filing says
Paramount 11th-hour, hostile bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros late last week.
Read More Warner Bros’ lack of response fueled Paramount’s hostile bid, filing says
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion bid by Netflix
Paramount said Monday that it going straight to Warner Bros. shareholders with a $30 per share in cash offer for the entirety of Warner Bros. Discovery.
Read More Paramount goes hostile in bid for Warner Bros., challenging a $72 billion bid by Netflix
Netflix to acquire Warner Bros. studio and streaming business for $72 billion
The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape.
Read More Netflix to acquire Warner Bros. studio and streaming business for $72 billion
Rep. Omar deflects questions on widespread Minnesota fraud tied to Somali community, blames lack of ‘Guardrails’ rather than cultural factors
During an appearance on CNN’s “The Lead with Jake Tapper,” Democrat Rep. Ilhan Omar of Minnesota’s 5th District faced a slew of questions about widespread fraud within her state’s Somali community. The interview aired one day after the Small Business Administration launched an investigation into a “network of Somali organizations” linked to the schemes.
Read More Rep. Omar deflects questions on widespread Minnesota fraud tied to Somali community, blames lack of ‘Guardrails’ rather than cultural factors