This will be the second time I've taken money from them. Last April, they offered $23 a share for my Paramount Global stock, and I took it. Had I stayed with them, it peaked at $20 a share in September, and is now under $12 a share. So I'm happy. I just want out of dying media companies. I said last month in post #180 I'd take the money, so when the offer was made, that's what I did. If he's giving away money, I'm happy to accept.
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Paramount Skydance wants WBD
- Thread starter michael hagerty
- Start date
This will be the second time I've taken money from them. Last April, they offered $23 a share for my Paramount Global stock, and I took it. Had I stayed with them, it peaked at $20 a share in September, and is now under $12 a share. So I'm happy. I just want out of dying media companies. I said last month in post #180 I'd take the money, so when the offer was made, that's what I did. If he's giving away money, I'm happy to accept.
Warner Bros. Discovery rejects Paramount's amended takeover offer
The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio, and HBO cable channel to Netflix.
www.nbcnews.com
Today Paramount filed a lawsuit against Warner Discovery:
deadline.com
WBD Slams “Meritless Lawsuit,” Attacks On Board As Paramount Seeks To Derail Netflix Deal
In a major escalation, Paramount said it is planning to run a slate of directors at WBD's annual meeting and has sued for disclosures around the Netflix deal.
deadline.com
Ellison is a spoiled brat.Today Paramount filed a lawsuit against Warner Discovery:
WBD Slams “Meritless Lawsuit,” Attacks On Board As Paramount Seeks To Derail Netflix Deal
In a major escalation, Paramount said it is planning to run a slate of directors at WBD's annual meeting and has sued for disclosures around the Netflix deal.
So basically he’s going to the wedding and bringing some of his friends along to help interject before both sides say “I do.”
Netflix, Warner Bros bonds among $100 million purchased by Trump - https://www.reuters.com/business/me...ng-100-million-purchased-by-trump-2026-01-17/
Here's more on how the WB and Netflix proposed deal.
Here's more on how the WB and Netflix proposed deal.
Netflix sweetens the deal to all-cash---and wants to peel off TCM from the cable assets that will be spun off to Discovery Global:
www.hollywoodreporter.com
Netflix Would Get Turner Classic Movies In a Warner Bros. Deal, Too. What’s Its Plan?
The streaming giant discloses for the first time that it'll acquire the brand. What will it do with a basic cable channel?
www.hollywoodreporter.com
While I would prefer neither Netflix nor Paramount to buy WBD, if for no other reason than to preserve a little bit of diversity, if a sale must happen, I'd rather WBD go to Netflix, because they're just doing business. As I've said before, the way Paramount is going about this feels dirty.
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Glad to hear about TCM because if Netflix bought the WBD film library currently owned by WBD and didn’t keep TCM, then TCM would have no film library to draw upon and with no commercials would not have the funds to license films from other sources.
Looks like the deadline is being extended-but the price isn't going up from Paramount.Paramount Skydance to extend deadline for 'hostile' takeover offer for Warner Bros. Discovery — but isn't raising price: sources | New York Post Paramount Skydance to extend deadline for ‘hostile’ takeover offer for Warner Bros. Discovery — but isn’t raising price: sources
Barry Diller wants to peel CNN off from WBD. Essential pull-quote:
Which just underlines WBD's opposition to Paramount's attempts at a hostile take-over, which would include CNN.
Which just underlines WBD's opposition to Paramount's attempts at a hostile take-over, which would include CNN.
It will as much as Versant does at least.
Before they bought Warner Media, they were consistently a very profitable company. The thing that killed them was the debt. Selling the studio would solve most of the debt problem.
Versant is still backed by Comcast.
Buying the Hearst networks didn’t help either. They have more watered down channels now. Too much overlap in content.
The president now says he will stay out of the Paramount Netflix fight over WBD
www.nbcnews.com
Trump says he'll stay out of the Netflix-Paramount fight over Warner Bros.
The president's comments to NBC News were a reversal from his December statement that he would be involved in the approval process for Netflix’s deal.
www.nbcnews.com
I’m not sure what he means when he says the Justice Department will handle it. He has taken a very active role in some Justice Department actions.
They sweetened its bid today tk cover the $2.8 billion breakup fee.Paramount sweetens hostile bid to stop Netflix-Warner Bros. deal | CNN Business https://share.google/fXCRMDAJOO5HH57p2