Tag: Warner Bros. Discovery

Paramount Skydance has announced that the newly formed Paramount-Warner Bros. Discovery entity will be 49.5% owned by foreign investors, including a significant 38.5% equity stake held by three Middle Eastern ...

Reed Hastings, the co-founder and chairman of Netflix, is set to resign from the company's board in June, concluding nearly thirty years of transformative leadership at one of the foremost ...

As Netflix approaches its first-quarter earnings announcement, it finds itself in a markedly stronger strategic position than it did just a few months ago. Investors are refocusing on core business ...

Paramount Skydance has secured nearly US$24 billion in financing from three Middle Eastern sovereign wealth funds to facilitate its planned acquisition of Warner Bros. Discovery, as Variety reported. According to ...

In a significant turn of events, Netflix has opted out of the bidding war for Warner Bros. Discovery, allowing Paramount Skydance to secure its US$111 billion acquisition of the iconic ...

HBO Max is set to expand its global presence by launching in 12 new markets across the Asia Pacific. This significant rollout will begin on March 26 and include countries ...

Warner Bros. Discovery is reportedly reassessing merger discussions with Paramount Skydance Corp. following the receipt of updated takeover terms, according to reports. Insiders indicate that Warner Bros.' board members are ...

According to a recent announcement, Netflix has officially finalised an all-cash deal to acquire Warner Bros. Discovery's studios and the HBO Max business, effectively countering a rival takeover effort from ...

The ongoing struggle for the future of Hollywood has intensified as Paramount has launched a hostile takeover bid for Warner Bros. Discovery, offering $30 per share in cash. This move ...

DStv is set to discontinue four channels, amid the potential loss of an additional 12 channels from Warner Bros. Discovery by the end of the year. MultiChoice announced to its ...