ToplineParamount Skydance will submit a bid to acquire Warner Bros. Discovery in a proposal backed by the billionaire Ellison family, the Wall Street Journal reported Thursday, weeks after a multibillion-dollar merger closed between Skydance Media and Paramount. The proposal includes Warner Bros. Discovery's cable networks and movie studio.NurPhoto via Getty ImagesKey FactsA bid by Paramount Skydance—run by David Ellison, son of Oracle chairman Larry Ellison—will include Warner Bros. Discovery’s cable netwo ...

Warner Bros. Discovery Inc (NASDAQ: WBD) soared more than 30% late on Thursday following reports that Paramount Skydance is preparing a bid to takeover the mass media and entertainment conglomerate. ...

Paramount Skydance is preparing a majority cash bid for Warner Bros Discovery that is backed by the Ellison family, the Wall Street Journal reported on Thursday.Shares of Warner Bros jumped nearly 30% while Paramount was up 7% after the news.The bid will be for the entire company, including its cable networks and movie studio, the report said, citing people familiar with the situation.Paramount declined to comment while Warner Bros did not immediately respond to a Reuters request for comment.Paramount Skyda ...

ToplineParamount Skydance will submit a bid to acquire Warner Bros. Discovery in a proposal backed by the billionaire Ellison family, the Wall Street Journal reported Thursday, weeks after a multibillion-dollar merger closed between Skydance Media and Paramount. The proposal includes Warner Bros. Discovery's cable networks and movie studio.NurPhoto via Getty Images ...

The just merged Paramount Skydance is exploring a bid to acquire Warner Bros. Discovery, heralding potentially more change in an entertainment landscape that’s seeing rapid shifts. Larry Ellison, chairman and co-founder of Oracle, is one of the richest people in the world and the patriarch of the Ellison family, which led the $8.4 billion deal that landed his son David Ellison’s Skydance Media with control of Paramount Global. That transaction closed August. There’s been speculation since that the big, n ...

Signage at the Warner Bros. Discovery headquarters in New York, US, on Thursday, June 12, 2025.Warner Bros. Discovery shares soared Thursday afternoon on a report that the recently merged Paramount Skydance was preparing a takeover bid. WBD's stock was up more than 20% on Thursday after The Wall Street Journal reported that Paramount Skydance was preparing a majority cash bid for the company. Representatives for Paramount and Warner Bros. Discovery declined to comment. Warner Bros. Discovery recently announ ...

Paramount Skydance is preparing a majority cash bid for Warner Bros Discovery that is backed by the Ellison family, the Wall Street Journal reported on Thursday. ...

The bid will be for the entire company, including its cable networks and movie studio, according to people familiar with the situation. ...

All three major U.S. equity benchmarks — the S&P 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall. The rally came despite gloomy economic data: U.S. inflation accelerated to 2.9% year-over-year in August, while weekly jobless claims spiked to 263,000 – their highest level since October 2021. Yet, investors brushed aside the stagflation concerns, wagering that the Federal Reserve will prioritiz ...

In Brief Warner Bros. Discovery CEO David Zaslav has stated that HBO Max will become more expensive, while also making it harder to share passwords, as first reported by The Hollywood Reporter. Zaslav spoke about the future of the streaming service at the Goldman Sachs Communacopia + Technology Conference.“The fact that this is quality — and that’s true across our company, motion picture, TV production, and streaming quality — we all think that gives us a chance to raise price,” he said. “We think we’re way ...