Paramount Skydance Lands Billions From Saudi, Qatar & Abu Dhabi Wealth Funds in WBD Mega-Merger
Paramount gets $24B from Middle East funds to buy WBD, keeps control, offers perks to shareholders, deal aims to close in 2026.
Paramount gets $24B from Middle East funds to buy WBD, keeps control, offers perks to shareholders, deal aims to close in 2026.
Netflix just raised US subscription prices again. Citi, JPMorgan, and Oppenheimer react with higher price targets and positive outlook for 2026.
Paramount's shares dropped after ratings agencies downgraded its credit due to massive debt from the planned Warner Bros. Discovery merger.
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. 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.
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.