Warner Bros rejects ‘inadequate’ Paramount hostile bid
Board warns offer is risky, citing the high amount of debt financing...
2dFinancial TimeseconomicsImpact
Board warns offer is risky, citing the high amount of debt financing...
Some investors criticise WBD's board's rejection of Paramount's offer, citing better chances of regulatory approval....
The Warner Bros. Discovery board has again dismissed Paramount's hostile takeover attempt, branding it as "inadequate" and a "risk" to the company due to its reliance on an "extraordinary amount of in...
Personal guarantee from Oracle’s Larry Ellison insufficient to persuade Hollywood studio’s board...
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Warner Bros. Discovery CEO David Zaslav turned "HBO Max" into "Max. Now he's saying goodbye to the new name and hello to the old one. Kevin Dietsch/Getty Images Warner Bros. Discovery spur...
David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...
Warner’s leadership has rebuffed Paramount’s overtures again and urged shareholders to back the sale of its streaming and studio business to Netflix for $72 billion. Warner expressed concerns that the...
Bitcoin and several major altcoins turned down from their overhead resistance levels, signaling that the bears continue to sell on rallies....
Tariff deals with the US have bought time but investment momentum is elsewhere...
Businesspeople, students, tourists among those sharing space on the 1,860km TAZARA railway built by China in the 1970s....
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
China’s carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country’s ...
Swiss private banks report rising demand from Asian family offices and rich individuals to book assets in Europe...
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Netflix reportedly wants to keep movies in theaters for just 17 days after it buys Warner Bros. In a report from Deadline on the Stranger Thing Season 5 finale, which made $25 million in theaters afte...
Lockheed Martin said it plans to boost production of Patriot missile interceptors. US Army photo by Sgt. JaDarius Duncan Lockheed Martin said it plans to boost annual production of Patriot missile int...
Supply chain shortages drive developers to use smaller and less efficient power sources to fuel AI power demand...
Trump‑era tariffs, bruising rate realities and a burned‑out memecoin cycle are forcing crypto to shed its Peter Pan phase and build tokens with real utility, says Animoca Brands’ Yat Siu....
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