Warner Bros. Rejects Revised Paramount Bid
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Howie Klein, Top Executive at Sire and Reprise Records, DJ and Political Activist, Dies at 77
Howie Klein, a veteran record executive, radio DJ and political activist who was a top executive in the Warner Bros. Records family during its golden era of the 1980s and early ‘90s, died Wednesday after a long battle with cancer,
The Warner Bros. Discovery board has unanimously voted to rebuff Paramount’s $108.4 billion offer and urged shareholders to reject the hostile takeover bid. The board is continuing to support Netflix’s pending $82.7 billion purchase of its streaming and movie studios businesses along with a separate spinoff of the Warner Bros. cable TV division.
Warner Bros. Discovery Inc. is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After deliberating and reviewing Paramount’s bid, Warner Bros.
EXCLUSIVE: There was some earth-shattering news earlier this week when Neon‘s Chief Marketing Officer and Longlegs and Parasite campaign architect Christian Parkes left the arthouse distributor — but now we know where he, and two of his Neon colleagues ...
Netflix announced last week that it would purchase Warner Bros. Discovery in a deal worth $72 billion, raising concerns from consumers, lawmakers, Hollywood unions and movie theater owners. Critics of the deal say that Netflix could end up giving movies ...
Warner Bros. Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offer, according to sources familiar with the matter.
The two chief executive officers of Netflix Inc. laid out the company’s case for acquiring Warner Bros Discovery Inc., after rival Paramount Skydance Corp. went public with a competing, hostile offer. Greg Peters and Ted Sarandos moved to quell industry ...
Paramount Skydance Corp. and Netflix Inc. — the entertainment heavyweights locked in a bidding war for Warner Bros. Discovery Inc. — are girding for a battle they predict will stretch well into 2026. Warner Bros. was given 10 business days to respond ...
In a watershed move, Warner Bros. Discovery said Friday it has agreed to sell its movie, television and streaming assets to Netflix in a deal valued at $82.7 billion, setting the stage for one of the most sweeping and consequential mergers in modern ...