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The Latest Breaking News from Warner Bros Discovery

Paramount sues Warner Bros, launches proxy war to scupper Netflix deal

Paramount Skydance claims WBD’s Netflix transaction undervalues the company and says shareholders should decide, as it prepares a proxy contest and court action in Delaware.

Euronews

Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making

Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros

The Independent UK

Netflix Stock Is Beaten Down - But Short Put Plays Are Attractive

Netflix stock has taken a beating, down 27.9% from a peak in late October 2025. Investors aren't too keen on its proposed acquisition of Warner Bros. Discovery. However, one way to play it is to short out-of-the-money (OTM) put options.

Barchart

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Netflix’s $82.7 billion rags-to-riches story: How the DVD-by-mail company swallowed Hollywood

The streaming giant has offered a master class in audacious strategy.

Fortune

Warner Bros. Discovery Turns Down Revised Paramount Skydance Takeover Offer

Warner Bros. Discovery rejects Paramount Skydance's revised takeover bid, backing its merger deal with Netflix instead.

International Business Times

First Thing: Woman in Minnesota, 37, shot and killed by ICE agent during raid, video shows

Mayor says ICE claims incident was self-defense are not true and urged ICE to leave Minneapolis. Plus, Trump pulls US out of 66 international bodies

The Guardian - UK

Warner Bros tells investors to reject sweetened £80bn Paramount bid

Paramount updated its offer late last month with a £30 billion ‘irrevocable personal guarantee’ from Oracle founder Larry Ellison.

Evening Standard

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Warner Bros sends advice to stakeholders after latest takeover development

IN FULL

The Independent UK

Warner Bros rejects fresh takeover offer from Paramount in favour of Netflix

The WBD board branded Paramount’s hostile takeover offer as "inadequate" and risky.

Euronews

Warner Bros. Discovery Chooses Netflix Talks Over Paramount–Skydance Bid

Warner Bros Discovery’s board has unanimously rejected a renewed takeover attempt from Paramount Skydance, arguing that the revised $108.4 billion hostile bid

The Fashion Central

Warner Bros Discovery tells investors to reject ‘inadequate’ $108bn Paramount bid

Board unwilling to accept hostile takeover despite $40bn guarantee from billionaire Larry Ellison

The Guardian - UK

How To Watch The Pitt Season 2 Online And Stream The Emmy-Winning Drama Series From Anywhere

It’s time to scrub in for another shift as the Emmy-winning drama returns. Read here for everything to know about how to watch The Pitt Season 2 online and from anywhere now.

Cinemablend

David Zaslav Spurns $108 Billion Paramount Bid: Teases Figure That Could Tempt Warner Bros Boss

David Zaslav rejects a massive £81 billion Paramount bid, favouring a Netflix partnership while teasing a higher share price that could finally end Hollywood's biggest bidding war.

International Business Times UK

Television is a state of mind: why user experience will define the next era of media

I saw up close at MySpace what everyone is now learning from YouTube: users vote with their behavior, not with their loyalty.

Fortune

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MarketBeat

Netflix Is Out of Favor—and That’s Why It’s Getting Interesting

Netflix’s Q4 collapse has reset expectations. With improving technicals and bullish analyst support, the stock looks primed for a Q1 comeback.

Cinemablend

How To Watch Heated Rivalry Episode 6 Online And Stream The Gay Hockey Drama From Anywhere Now

Shane and Ilya spend a hot, solitary summer together in the season finale. Read our guide here for how to watch Heated Rivalry episode 6 online and from anywhere.

Barchart

This Top Nasdaq-100 Stock Has Nothing to Do With AI. How Should You Play It for 2026?

Warner Bros. Discovery stock has emerged one of the top Nasdaq-100 performers this year even though it isn’t AI driven. Here’s what will determine WBD shares trajectory in 2026.

International Business Times UK

Larry Ellison Risks $40.4bn Fortune to Back Son's Warner Bros Takeover in Netflix Streaming War

Oracle founder Larry Ellison provides $40.4 billion personal guarantee for son David's Paramount bid to acquire Warner Bros Discovery from Netflix.

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The Guardian - UK

First Thing: Number of people in ICE detention hits record high

Administration has arrested 328,000 and deported 327,000 people. Plus, Bethlehem in the Israeli-occupied West Bank celebrates Christmas again

The Independent UK

Asian shares climb after US stocks rise at the start of a holiday-shortened week

Asian shares are mostly higher after benchmarks on Wall Street rose at the start of what’s expected to be a relatively calm holiday week

Kiplinger

Stocks Rise to the Spirit of the Season: Stock Market Today

Investors, traders and speculators are beginning to like the looks of a potential year-end rally.

The Independent UK

Movie theaters fear the potential Netflix-Warner Bros deal could be another threat to their business

Streaming giant Netflix said it will buy film and television studio Warner Bros. Discovery in a massive $82 billion deal

The Guardian - US

Outrage after CBS pulls 60 Minutes segment on El Salvador’s Cecot prison

Controversially appointed editor-in-chief Bari Weiss says: ‘I held that story and I held it because it wasn’t ready’

The Independent UK

Larry Ellison guarantees $40.4 billion in Paramount's hostile bid for Warner Bros. Discovery

Paramount is sweetening its hostile takeover bid for Warner Bros

Fortune

Billionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.

Warner Bros. is in the middle of a tug-of-war between Netflix and David Ellison’s company, Paramount Skydance.

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