Two finals. What do you got. >> AB broadening out trade continues.>> Microsoft down 12% since the end of October. I like this one here. >> Steven Weiss.>> Netflix. I think it's put in a bottom here and dead money, but I still still think it's >> interesting. All right, because that saga doesn't seem to be close to over yet.We'll have to see. Joe T. Twilio, push it towards 150. ...

Key Takeaways The biggest entertainment deal in history promises more drama. The latest: Warner Bros. Discovery (WBD) on Wednesday published a letter criticizing Paramount Skydance's (PSKY) offer to acquire the company, saying its all-cash bid—which followed an agreement by Warner Bros. to merge with Netflix (NFLX)—came with "an untenable degree of risk" and urging shareholders to reject Paramount's "illusory" all-cash deal. The response from Warner to Paramount's hostile takeover offer last week was to be ...

It's exciting enough that the 2026 FIFA World Cup will be held across North America in June and July (enter that random selection draw now if you want tickets), but in the lead-up to the tournament, FIFA has made another fun announcement: It's partnered with Netflix on a new video game. The streaming giant shared the news on Wednesday on its Tudum fan site.Produced by Delphi Interactive, the game is set to launch in 2026, although a specific release date has not been confirmed. The soccer simulation game pr ...

Paramount on Wednesday reaffirmed its $108 billion hostile takeover bid for Warner Bros. Discovery, which earlier insisted its shareholders reject the proposal in favor of Netflix.In a letter to shareholders, Warner Bros. Discovery said the David Ellison-led hostile offer was “inferior” to Netflix’s offer valuing its studio and streaming businesses at $27.75 per share.In the three-page letter, Warner Bros. Discovery chair Samuel DiPiazza said the board conducted another review of Paramount’s latest offer an ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Netflix, Inc. (NASDAQ:NFLX) is one of the stocks that Jim Cramer shared his take on. A club member asked for Cramer’s current take on the stock and whether it is a buy, sell, or hold. He commented: “It has been a buy for me all along until they got into this thing with the, with Paramount to buy… Warner Brothers. I mean, what is that? They’ve got the best studios in the world. They don’t need that. Come on, Netflix.” Jim Cramer on Netlfix (NFLX)’s Potential Deal With Warner Bros.: “They Don’t Need That” ...

NEW YORK (AP) — Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance. Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros. Paramount is offering $30 per Warner share, or $77.9 billion, to Netflix’s $27.75 per share. A Warner Bros. merger with either company would alter the landscape in Hollywo ...

Jared Kushner’s private equity firm, Affinity Partners, is reportedly pulling out as a partner of Paramount Skydance’s attempted hostile takeover of Warner Bros. Discovery, whose board unanimously urged shareholders to reject the $78 billion bid from the Ellison family early on Wednesday morning.Affinity withdrew its backing of Paramount’s proposal after Kushner’s involvement in a deal that his father-in-law, President Trump, said he would personally review drew a significant amount of unwanted scrutiny, so ...

There's one clear winner in the fight for Warner Bros. Discovery: Wall Street banks. Some big names in finance could clean up. WBD is set to pay Allen & Co., J.P. Morgan, and Evercore a total of $225 million in connection with its sale to Netflix or David Ellison's Paramount Skydance, if a deal goes through, according to a new SEC filing.WBD has been weighing dueling offers from Netflix, which wants to buy its studio and streaming business, and Paramount, which bid for the whole company (including its cabl ...

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 had misled shareholders about its financing. Saying it wants to honor its initial agreement to sell to Netflix, WBD’s board wrote in a letter to shareholders that Paramount “has consistently misled WBD shareholders that its proposed transaction has a ‘full backstop’ from the Ellison family.” “It does not, an ...