Trump Media Eyes Truth Social Spin-Off in Fusion Power Merger Shake-Up
Trump Media & Technology Group (TMTG) is considering spinning off Truth Social into a new entity (“SpinCo”) following a merger with TAE Technologies.
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Netflix Says "No Thanks" to Warner Bros. – Paramount Wins the Big Fight!
Netflix walks away from buying Warner Bros. after refusing to match Paramount Skydance’s higher offer. Paramount now takes over the iconic studio in a huge Hollywood shake-up.
Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response
Warner Bros. Discovery’s board just ruled Paramount Skydance’s $31-per-share bid is better than Netflix’s deal — giving Netflix only four business days to top it or step aside in this blockbuster Hollywood bidding war.
Activist Hedge Fund Irenic Launches $1.2B Takeover Bid for Reservoir Media
Activist hedge fund Irenic Capital has offered $10–$11 per share to buy Reservoir Media, owner of iconic songs by Joni Mitchell, John Denver, and Sheryl Crow. Shares jumped sharply on the news.
Lumen Declares Turnaround Complete, Outlines AI-Fueled Strategy with Massive Fiber Expansion
Lumen finished its turnaround! Now growing fast for AI: huge fiber network to 58M miles, 2,000+ NaaS customers, Anthropic deal, aiming for profit & revenue growth by 2028.
Paramount Ups Bid to $31/Share for Warner Bros. Discovery
Warner Bros. Discovery board says Paramount Skydance’s revised $31/share cash offer could top Netflix deal. Includes $7B regulatory fee & ticking fee. Talks continue.