Warner Bros. rejects Paramount’s hostile bid, accuses Ellison family of failing to put money into the deal

Paramount fired back that the Ellison family did provide the needed guarantees and pointed to Larry Ellison's long business record. Paramount said it would continue with its hostile takeover of Warner ...
Deadline.com

Paramount & Pluto Vet Jeff Shultz Named CEO Of Radial Entertainment, Parent Of Shout Studios And FilmRise

Jeff Shultz, a former Paramount exec who was a key member of the management team that took Pluto TV from an early FAST pioneer to a billion-dollar business, has been named CEO of Radial Entertainment.

Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to ...
AOL

Paramount Just Challenged Netflix's Streaming Dominance. Here's What It Means for Investors

Paramount Skydance is offering to pay $30/share for all of Warner Bros. Discovery. The price is higher than the $27.75/share that Netflix is paying, but Netflix isn't buying the whole company.
Yahoo

David Ellison Says Paramount-WBD Deal Would ‘Strengthen the Entertainment Industry as a Whole’ in Leaked Staff Memo

Paramount Skydance CEO David Ellison shared in a memo to his employees Monday his intentions for acquiring Warner Bros. Discovery and how the deal could shape the entertainment ecosystem. “We believe ...
Yahoo

Jeff Shultz, Former Paramount Streaming Exec, Set as CEO of Radial Entertainment

Former Paramount Streaming Chief Strategy Officer Jeff Shultz will take over as the new CEO of Radial Entertainment starting Jan. 1, 2026, the global entertainment company that manages FilmRise and ...
Lexington Herald Leader

Kentucky distiller celebrates 90 years with special release, pours for bourbon fans

In honor of Heaven Hill’s 90th birthday, the distillery is giving fans the gifts, with an all-day event Saturday, Dec. 13, in Bardstown. The 90th anniversary celebration begins at 9 a.m. when doors ...
AOL

Paramount Claims WBD Is Overvaluing CNN, TBS and Other TV Networks — Alleging That Means Netflix’s Deal Is Worse for Shareholders

A core argument of Paramount Skydance’s hostile takeover bid for Warner Bros. Discovery is this: WBD’s cable networks like CNN and TBS are not worth as much as the David Zaslav-led company’s deal with ...
The Conversation

Whether Netflix or Paramount buys Warner Bros., entertainment oligopolies are back – bigger and more anticompetitive than ever

Matthew Jordan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Paramount’s Latest WBD Bid Is Family Business

Looks like Paramount CEO David Ellison channeled his inner Veruca Salt and said, “I want it now, Daddy.” On December 22, ...
USA Today

Paramount makes $108.4 billion hostile bid for Warner Bros. Discovery

Paramount Skydance on Monday launched a hostile bid worth $108.4 billion for Warner Bros. Discovery in a last-ditch effort to outbid Netflix and create a media powerhouse that would challenge the ...